Many people tend to underestimate the value of a garden do-over. Factually, a garden makeover can add more value to your house than a new kitchen or a general house makeover.
Therefore, the next time you intend to sell a property, consider doing up your garden as this might be what your house needs. You may consider adding new flowerbeds, laying down a patio, or installing a sturdy decking, depending on your garden’s landscape.
A recent study discovered that an average garden makeover costs the homeowner an estimated £2,750 compared to an extension, which costs an estimate of £80,000. Therefore, it is clear that garden landscaping is a much cheaper way of increasing your home’s value than an extension, which might not be cost-effective.
House price growth has been slow in the past few years. Therefore, many homeowners have turned to other options to add value to the house to increase a property’s value. You should also know that making the correct changes to your home would increase its market value significantly. Garden landscaping has come out to be one of the most cost-efficient ways of doing so.
However, it is also interesting to know that not all home improvements are meant to add value for a resale. 63% of homeowners who made these changes have no plans to move in a poll. That is because many homeowners like their properties to reflect who they are. It also reflects their tastes and needs. Regardless of this, garden renovations will add benefits in the long term.
Landscaping is not only about sticking simple flowers and shrubs. If you want your property’s value to appreciate, consider hiring a professional landscaper for advice, and they can work on your garden. It is also important to have a plan before beginning any landscaping projects.
Proceeding without a plan might be counterproductive. The result of proceeding without a plan is an assortment of plantings and a disorganized garden that will not add any value to your property. Following a professionally curated plan will lead the homeowner to have a beautiful property within a premeditated budget.
According to the American Society of Landscape Architects, homeowners should invest at least 10% of the home’s value in landscaping.
As mentioned, landscaping goes beyond planting flowers. It also involves putting up beautiful fence structures, garden paths, swimming pools, ponds, and fire pits. While proper gardening will increase your home’s value, poor gardening will drop your property’s value by an estimated 10%.
Other ways in which a garden improves the value of a property
A garden makes a good first impression
Gardens facilitate the property with a real “wow” factor, also known as the curb appeal. This especially works rather well when potential visitors come along when you have a front garden. It sets a great impression, and it will woo them to buy the property much faster.
Gardens provide a sense of privacy
If you are selling a property in a suburban setting, privacy is key. Potential buyers will not only assess the property for its location, road, and amenities, they will also have a look at how private their lives will be if they settle down. Everyone wants to unwind in a quiet place after a long day at work. Therefore, a garden will do the trick.
Millennials love gardens
The current generation of home buyers have a thing for plants. Originally, purchasing houseplants and window boxes was their small way of lightening up a rented home. When it is finally time to own a property, they will buy one with a garden.
Gardens show that you care
Gardens require a lot of work, such as plumbing and electrical maintenance. They also need time to prune and mow the lawn. Therefore, potential homeowners might be attracted by these factors.