A recent study by the University of Michigan found that landscaping can increase a home’s value by up to 11 percent.
But quality counts! The study found that not all landscaping is created equal. Professionally designed and installed landscapes scored better in the study, resulting in a higher perceived value.
So if you are planning on putting your house of the market in the short- or long-term, investing in a professional landscape design and installation can help you get a higher price.
In fact, some experts say that a $20,000 investment in a yard can net around $200,000 when you resell. That means every dollar you put into the backyard is worth $10 in improved value.
Just think about it… Image two homes. One is a plain colonial with a basic lawn. The other is an identical colonial, but has a patio with a fire pit and mature plantings. Wouldn’t you be willing to pay more for the home with landscaping?