Landscaping can be a great way to increase the value of your home. According to a Virginia Tech study, landscaping can give real estate a 15 percent increase in value. This is due to the size, type, and design of the plants used in landscaping. Mature trees on a plot can increase home value by up to 15%.
One of the most modern and expensive landscaping features is an outdoor kitchen space. This increases the useful area of the house and returns approximately 83% of the amount spent. An outdoor kitchen space can keep your home on the buyer list of an expanding group. To ensure that it lasts for many years, it is important to finish and protect the space for your climate.
Building a fire pit in cold climates and making sure there is good shade and air circulation in warmer climates are important steps to take. Specialized asphalt patches such as tennis or basketball courts may meet your needs, but they are unlikely to improve the value of your property. The exact impact of landscaping on your home's value depends on several different factors. Planting trees has a big impact on the value of your home and neighborhood because they provide shade for outdoor living areas, help reduce cooling costs, and improve the exterior appeal of your home.
In Southern California, landscaping can increase the value of your property by 5% to 15%, even more in some cases.
