The Value of Plants and Landscaping
Posted by John Penton on Tuesday, April 14th, 2009 at 7:07pm.
A for sale home with a well maintained landscape and lawn can make a substantial difference with attracting prospective buyers. Here are some interesting facts regarding the value of well maintained and designed landscapes.
- Landscaping can add between 7 and 15 percent to a home's value. Source: The Gallup Organization.
- Homes with "excellent" landscaping can expect a sale price about 6 to 7 percent higher than equivalent houses with "good" landscaping, while improving landscaping from "average" to "good" can result in a 4 to 5 percent increase. Source: Clemson University.
- Landscaping can bring a recovery value of 100 to 200 percent at selling time. Kitchen remodeling brings a 75 to 125 percent recovery rate, bathroom remodeling a 20 to 120 percent recovery rate, and addition of a swimming pool a 20 to 50 percent recovery rate. Source: Money Magazine.
- A mature tree can often have an appraised value of between $1,000 and $10,000. Source: Council of Tree and Landscape Appraisers.
- In one study, 99% of real estate appraisers concurred that landscaping enhances the sales appeal of real estate. Source: Trendnomics, National Gardening Association.
- In one study, 83% of Realtors believe that mature trees have a "strong or moderate impact" on the salability of homes listed for under $150,000; on homes over $250,000, this perception increases to 98%. Source: American Forests, Arbor National Mortgage.
- Landscaping can reduce air conditioning costs by up to 50 percent, by shading the windows and walls of a home. Source: American Public Power Association.
- Trees can reduce bothersome noise by up to 50 percent and can mask unwanted noises with pleasant sounds. Source: U.S. Environmental Protection Agency.
- Trees can reduce temperatures by as much as nine degrees Fahrenheit. Source: American Forests.
- A single urban tree can provide up to $273 a year in air conditioning, pollution fighting, erosion and storm water control, and wildlife shelter benefits. Source: American Forests.
- Top reasons people garden: To be outdoors (44%); to be around beautiful things (42%); relax and escape the pressures of everyday life (39%); stay active and get exercise (35%). Source: American Demographics, Roper Report.
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