Increase your Homes Value
Increase Your Homes Value
Nurney Landscape & Design is the premier landscaping company in Bucks County. Not only do our services add beauty and functionality to your home, but they also increase the value. Rest assured, the money spent towards your landscaping design or project will pay dividends when it comes to the value of your home. An article from Valerie Kalfrin at Homelight.com dives into the research on value-added by landscaping.
Landscaping Costs Versus Value
Across a variety of research from Virginia Tech, The American Society of Landscape Architects, and The National Association of Realtors there’s one common theme: Landscaping adds significant value to your home. Here’s what studies have to say:
Over 75% of top real estate agents across the country say that well-landscaped homes are worth anywhere from 1% to 10% more than homes with no landscaping.
One Virginia Tech survey found that landscape expenditures “significantly increase perceived home value,” resulting in a higher selling price than homes with minimal landscaping.
The more attention you put into the landscape, the more value buyers attach to your home - anywhere from roughly 5% to 12% more, depending on where you live. Researchers found that plant size and “design sophistication” (not just hedges or flower beds along the front and sides of the house but also perhaps shade trees and islands of plants, or a focal point in the yard) most affected value.
In general, the more expensive your home, and the more expansive your property, the more money and attention you should spend on your landscape. The value of your property and the money spent on landscaping should be correlated with one another.
The American Society of Landscape Architects (ASLA) recommends investing 10% of your home’s value in landscaping; Other studies suggest that you can increase your home’s value by 5% to 15% by spending the equivalent percentage on landscape maintenance and upgrades.
The average cost of installing new landscaping for a 1,200-square-foot yard is about $13,200, for a home that is valued at $130,000. However, if you’ve already budgeted for landscape and lawn maintenance throughout the year, you might not even spend that much and still recover considerable value.
The National Association of Realtors (NAR) and the National Association of Landscape Professionals (NALP) estimate that applying mulch annually, mowing about 2,800 square feet of lawn, pruning shrubs, and planting about 60 annuals or perennials costs about $3,000 — but has a 100% return on investment (ROI) upon selling.
Data from HomeAdvisor.com estimates that lawn care services of about $268 add about $1,200 in value—a 352% ROI. Adding fresh mulch at roughly $340 recoups about 126% upon closing.
74% of real estate agents told NAR they suggest sellers complete a maintenance program before putting their homes on the market. What’s more, 17% of those surveyed said recent landscape maintenance had led to a sale.
Are You Sold?
The Nurney Design team brings beautiful practical designs to life from design to installation. We create landscapes that are both functional and stunning. From a simple enhancement to a complete landscape redesign for a new or existing home, we add value and enjoyment to your home. Don’t wait until summer to start your landscape design, Book today. Call (215) 794-8599.