You shouldn’t judge a book by its cover, but what about when it comes to buying a home? A survey by the National Association of Realtors found the rule hardly applies: 71% of homebuyers say curb appeal is important when deciding on a house.
As for sellers, one thing is certain: Even minor landscaping has the potential to add a whopping 28% to their home’s market value and reduce its time on the market by up to 15%.
Find out which projects provide the most market value.
Value: 15% increase to the home’s market value, depending on location
- Creates privacy
- Adds shade to outdoor area
- Relieves stress
- Reduces energy costs
Tip: When integrating trees and plants into your landscape design, make sure they’re native to the region. Native plants are drought-tolerant and can save you money by requiring less water and overall maintenance. Also, think long term about how the tree will impact your home with its root system, branches and leaves.
Value: 41% of homebuyers think outdoor lighting is essential
- Highlights a home’s best features
- Adds security against intruders
- Safety against accidents
Tip: Illuminate the following areas to make them safer: steps, deck or patio, driveways, entryways and paths.
Maintain a Healthy Lawn
Value: 7% increase in property value
- Improves air quality
- Increases curb appeal
- Protects water
Tip: Have your soil tested to find out what chemicals it needs to maintain healthy grass. A professional can use fertilizers and certain insect repellants to treat your lawn to help it thrive.
Add an aluminum fence
Return on Investment: An estimated 65% ROI
- No maintenance
- Provides privacy from neighbors
- Adds security
- No rust
Tip: Prior to installation, review your local zoning laws to ensure you are within the proper height and boundary requirements.
Put in a Deck or Patio
- Good for entertaining
- Options for any budget
- Easily customizable
Tip: There are several advantages to both decks and patios. Weigh your options and use these pros and cons charts to help decide which one is right for you.