Landscaping plays a vital role in enhancing the aesthetic appeal of a property and its overall value.
The term "curb appeal" refers to the initial impression your home and yard create when seen from the street.
Real estate experts emphasize the importance of curb appeal in determining a favorable selling price for your home. Multiple studies have shown a correlation between a strong curb appeal and an increase in sale prices ranging from 5% to 11%.
Curb appeal can also contribute to your or your tenant’s satisfaction, as enjoying your home's visual appeal brings joy.
A well-landscaped property stands out in a neighborhood and attracts potential renters and buyers. We’ve listed it as one of the top upgrades you can make to generate a return on investment (check out some other high ROI remodeling projects for the home and their projected value-adds.)
Here are ten landscaping tips that can elevate your property's appeal and approximately how much value they could add to your investment.
Plan Your Landscape Layout
A well-planned landscape not only enhances the curb appeal of your property but also increases its usability. By effectively utilizing space, creating designated areas for different activities, and ensuring a harmonious blend of hardscape and soft scaping, you can make your property more inviting and functional, attracting prospective tenants or buyers.
“A lot of people love privacy,” says John Krol, a top real estate agent in Naples, Florida, who sells homes 45% faster than the average area agent. “That’s what most buyers will comment on regarding landscaping.” Indeed, privacy has become one of the most sought-after features in a home, with 60% of high-end home buyers prioritizing it above any other feature, according to a study by YouGov.
Invest in Quality Turf
A well-maintained lawn is often the first thing people notice about a property. Quality turf provides a uniform and attractive look that suggests your property is well cared for. This boosts your home's aesthetic appeal and indicates to potential buyers or renters that the property has been well-maintained. Considering just financial costs, take into account: mowing, fertilizing, seeding, watering, and other tasks, including gardener fees.
Plant Trees
Trees provide many benefits, from reducing cooling costs to supporting local wildlife. Moreover, mature trees are often viewed as an indicator of an established and desirable neighborhood. Studies have shown that properties with mature trees are often valued higher than similar properties without them.
Add Color with Flower Beds and Planters
Vibrant colors can make your property stand out and create a welcoming feel. Colorful flower beds and planters add to the aesthetic appeal of your home, making it more attractive to prospective tenants or buyers. This can increase competition for your property, potentially resulting in higher rental rates or sale prices.
Create an Outdoor Living Space
Outdoor living spaces extend the usable space of your property, effectively increasing its square footage. Features like patios, decks, and outdoor kitchens offer additional areas for relaxation and entertainment, which are highly sought after by buyers and renters.
Incorporate Water Features
Water features like fountains or ponds add a unique element to your property, setting it apart from others on the market. They can create a sense of tranquility and luxury, a significant selling point. They may also attract a variety of wildlife, further enhancing the property's appeal.
Install Landscape Lighting
Landscape lighting enhances the aesthetic appeal of your property and provides an element of safety and security. Illuminating key features and areas can create a dramatic effect, while well-lit walkways and entrances provide safe navigation after dark. Both are attractive features to potential renters or buyers.
Maintain Your Landscape Regularly
Regular maintenance preserves the beauty of your landscape and prevents small issues from becoming costly problems. A well-maintained landscape signals prospective buyers and renters that you care for your property, increasing their confidence in its quality.
Use Mulch in Your Plant Beds
Mulch provides a neat and finished look to plant beds. It also offers several gardening benefits, like retaining moisture and suppressing weeds. As it breaks down, organic mulch improves soil fertility, promoting the health of your plants and reducing the need for chemical fertilizers.
Consider Hiring a Professional Landscaper
A professional landscaper can help you achieve a high-quality, sustainable, and appealing landscape design. Their expertise can add significant value to your property, as they can select the right plants, design efficient irrigation systems, and ensure that your landscape looks attractive every season. They can also provide regular maintenance, ensuring your landscape looks its best.
At Doorstead, we're here to help partner with you on the property management side and help you maximize your experience as a homeowner or renter. We’ve seen that investing time and resources into your property's landscape can yield significant returns.
From creating an outdoor living space to maintaining a lush, vibrant lawn, these landscaping tips can increase your property's aesthetic appeal and value.
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