You’ve bought a home, and you’re staring at your outdoor space. It’s a blank canvas full of endless possibilities, but where do you start? Landscaping can transform your property, boosting its curb appeal and value. But the looming question is: How much should you spend on your landscaping project, and how will your budget affect the value of your property?
It will take some time for your property’s value to rise by the cost of your landscaping project, at which point you’ll recover money spent by selling your home at a higher price.
Despite this, landscaping experts recommend a modest spending cap relative to the value of your property. Here’s what they recommend and details on which landscaping projects have more value.
What percentage of house value should you spend on landscaping?
When planning your landscaping project, budgeting is crucial. The American Society of Landscape Architects (ASLA) recommends spending 10% to 20% of your home’s current value on landscaping. This range ensures a balance 
between investment and aesthetic appeal.
The recommended range accommodates value addition, curb appeal, and cost recovery. However, if you’re working with a tight budget, you can make it work by making smart choices. This means opting for native plants, which are often less expensive and require less maintenance.
You can also incorporate DIY projects or phase your landscaping over time to spread out costs. It might be beneficial to consult with a landscape designer. They can provide insights into where to invest and save, ensuring you get the most bang for your buck.
What is the returning value of landscaping?
Studies indicate that expert landscaping can elevate your home’s value by 10% to 12%. Also, real estate experts weigh in, suggesting that smart landscaping choices can offer an impressive ROI of 200-400%. While pinning an exact ROI can be challenging, the consensus is clear: landscaping isn’t just about aesthetics.
Is investing in landscaping worth it?
According to research by HomeLight, over 75% of top real estate agents nationwide believe that homes with good landscaping can fetch a price of 1% to 10% higher than those without. To put that into perspective, a home valued at the U.S. median price of $266,300 translates to an additional $2,663 to $26,630.
Your landscape is often the first space your visitors interact with. A lush lawn or a strategically placed flower bed can captivate potential buyers before they enter. Expectedly, different landscaping elements offer varying returns.
For instance, native plants often require less maintenance and can appeal to buyers familiar with the local flora. On the other hand, outdoor living spaces like patios, decks, and outdoor kitchens can significantly increase a home’s functional space and attract those who value outdoor entertainment. Water features can be a double-edged sword. While they can be a selling point for some, they might deter others concerned about the upkeep.
To maximize the return on your landscaping investment, consult a professional landscaping company like Eden Design Group LLC. We can provide insights tailored to your property and region.
Maintenance is another crucial aspect. A beautifully landscaped yard that’s not well-maintained can quickly lose its charm. Regular upkeep ensures that your investment continues to appreciate in value. Lastly, staying updated with landscaping trends is essential. What’s in vogue today might not be a few years from now. Periodic updates can keep your outdoor space fresh and appealing.
Does hardscaping add to home value?
The right hardscaping project can yield a return of 20% to 30% on your investment. For instance, if you invest in a $10,000 paver patio for your backyard. When the time comes to sell or refinance, this patio could potentially boost your home’s value by $2,000 to $3,000.
However, choosing the right hardscaping project is crucial. While patios are popular and offer good returns, other elements like outdoor kitchens or fireplaces can also be lucrative, depending on the market and the preferences of potential buyers. It’s essential to balance personal preferences and broader market trends.
Another factor to consider is the quality of materials and workmanship. High-quality materials and professional installation can ensure longevity and enhance the overall appeal, leading to better returns when selling.
What adds the most value to a backyard?
Elevating your backyard’s appeal can significantly boost property value. Here are the top contenders that guarantee a value surge:
- Refreshing the landscape: A garden makeover can be transformative. By focusing on the layout, incorporating a diverse range of plants, and ensuring ease of upkeep, homeowners can create a beautiful and functional space.
- Adding a deck: Decks act as extensions of our indoor living spaces. They offer versatility and charm when used as an entertainment hub or a tranquil retreat.
- Installing a backyard patio: Patios provide a solid foundation for outdoor activities. Opting for materials like pavers or attractive stones can further enhance their appeal.
- Investing in an outdoor kitchen: With the rising trend of alfresco dining, outdoor kitchens have become a sought-after feature. They can range from basic BBQ setups to comprehensive cooking stations catering to diverse culinary needs.
- Setting up outdoor lighting: Proper lighting sets the mood and ensures safety. By highlighting garden features and pathways, homeowners can create a captivating nighttime ambiance.
- Planting trees: Trees are multifaceted in their benefits. They offer shade, ensure privacy, and add aesthetic appeal. Over time, mature trees can become a defining feature of a backyard.
- Introducing a lawn sprinkler system: A consistently watered lawn is a lush green. Automated sprinkler systems reduce the manual effort and optimize water usage, ensuring the yard remains vibrant.
- Focusing on valuable landscaping: This involves a holistic approach to the backyard. From water features and pathways to a cohesive design, it’s about creating a harmonious and inviting space.
Hire Eden Design Group LLC
Understanding the value landscaping adds to a home is crucial, but bringing that vision to life requires expertise. With our rich heritage and dedication to crafting unique outdoor spaces, Eden Design Group is your ideal partner in this journey.
With a decade of experience in landscape maintenance, construction, and custom pool building, we ensure your investment enhances your property’s aesthetic and value. Elevate your home’s appeal and worth with our tailored solutions. Contact us today, and let’s create an outdoor masterpiece together.
