Tag: maximing ROI
The ROI of Great Landscaping
August 24, 2015Beautifying your landscape doesn’t just improve your curb appeal and make you the envy of the neighborhood, it can also significantly increase resale value of your home. Rather than starting inside with expensive home remodels that can leave you without access to your kitchen, bathroom or family room, a better option to explore that provides great ROI is landscaping and hardscaping your property. President-elect of the National Association of Realtors, Walt McDonald, said back in 2003: “When people ask me how they can get strong interest in their property, I always tell them to fix up their landscaping…if a homeowner is reluctant to do it, I tell them they won’t get top dollar.” Even though the quote is more than a decade old the amazing part is that it still holds true, if not even more so in today’s market.
If you’re looking for a specific number to expect with regard to ROI for your unique project, you won’t find it. If you do, it’s merely speculation. Your location, the market, nearby neighbor’s landscapes, and potential homebuyer’s preferences are just a few of the many variables that will factor into what you can expect to get back when you do resell your home. One thing that is for certain though, the only way to maximize your ROI on a landscaping or hardscaping project is to have a well designed and installed landscape.