Benefits of Landscaping
Return on Investment
A Clemson University study found landscaping can result in more than a 100% return on investment. The report concluded that "Homeowners wanting to increase the value of their property will do well to consider the cost-effective, return potential of quality landscaping, and to safeguard their investments by hiring licensed, professional landscape contractors to perform the work."
The return on investment is contingent upon the quality of the landscape installation. In other words, just because you spent $10,000 on landscape and garden plants doesn't mean you'll get that money back. It's important that you find the right landscaping designer/contractor for your project and use only high-quality materials.
A Society of Real Estate Appraisers Survey revealed that 95% of the appraisers responding to the survey believed that landscaping adds to the dollar value of residential real estate, while 99% of them said it enhanced the sales appeal of residential real estate. A variety of studies reveal that landscaping can increase the value of residential and commercial property from five to as much as 20%.
Added Values of Landscaping
Not counting the potential return on investment in landscaping dollars, there are additional non-monetary gains a quality landscape investment provide. Some of those benefits include:
- Lower noise levels
- Blocks unpleasant views
- Reduces crime
- Lowers heating and cooling (shade)
- Improved home appearance
- Optimizes the use of land and outdoor space
- Lower maintenance and/or water usage
- Creative outlet for decorating with plants and ornaments
Landscaping Factors Affecting Property Values
The following are a basic list of areas that can have a positive effect on increased property values. All of this discussion on property values assumes that installations have been made in a competent and professional manner. Improper installations or poor construction, can turn what should be an asset into a liability that may detract from a properties value.
- Greenery (plants, trees and shrubs)
- Walkways
- Arches
- Outdoor kitchen areas
- Patios and decks
- Outdoor fireplaces
- Barbecue pits
- Backyard retreats & gazebos
Benefits of Landscaping
- Pride
- Increased privacy
- Reduced dust, weeds and pests
- Makes yard functional
- Place to relax or entertain
- Place for kids and pets to play
- Better drainage
- Reduced allergies