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Home » Home-and-family » Home-security » How Does Landscaping Effect Your Home's Value?

schleng
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How Does Landscaping Effect Your Home's Value?

Submitted by schleng
Mon, 10 Dec 2007

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Most people landscape their homes for their own enjoyment. You probably want your home to have attractive front yard landscaping for both yourself and visitors. The backyard is the area which normally gets used more, and therefore designing it for both beauty and function is desirable. Another reason for landscaping your home is an appreciation for plants which can provide all season color and interest.


However, some are concerned as to the relationship between the amount of money they spend on landscaping and their home's value? What will it mean if you want to sell your home? Will you actually recoup the money you have spent on landscaping your property?


In recent years, there have been quite a few studies done on just this subject. Here are some findings.


Money Magazine determined that landscaping offers an excellent return on investment. Actually it ranks top out of any home improvements. In addition, there was a study done by the American Society of Landscape Architects in conjunction with Money Magazine. A recovery value of 100 of landscaping costs can be gained when you sell you home.


Clemson University stated that homes with excellent landscaping will sell for 6 to 7.


The Society of Real Estate Appraisers also feels a landscaped home adds value, 99 to the value of a home.


If you put all of this information together, it is easy to see that adding nice landscaping can definitely provide a positive financial impact on your home's value.


If money is tight, it might even make sense to finance your project. Except for paying interest, you will obviously recoup this money.

--

 

Susan Schlenger is a Landscape Designer with a degree in Landscape Architecture. Read about ways to landscape your property and options for an Equity Loan.P>


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