After the collapse of the 2008 housing market, home values are finally starting to rise. As the market returns to normal, more and more homebuyers are looking for ways to increase the value of their homes even more. While home additions and renovations may take large investments, many real estate experts are promoting the importance of new landscaping features to improve a home’s value.
It’s been shown that potential homebuyers are more likely to purchase a home that is properly landscaped. Something about the curb appeal of pulling into a new potential home is attracting buyers more than those homes without any outside attractions. Let’s take a look at some of the top landscaping features that can improve the value of your home and property.
A Storage Shed
A simple shed can increase the value of your home. You can go more extravagant with a larger shed or outside storage units. Many new home buyers prefer to have the added storage from a shed outside the home. These can be fairly inexpensive and beat renovating your home interior to include more storage closets.
Having just one tree on your property can drastically increase its value. Not only does it look good, but it can help with water runoff. It doesn’t matter the size of tree you get, all with increase the value. Obviously bigger trees are going to improve the value slightly more than smaller ones. In addition, making sure all your trees are properly trimmed by Precision Tree Service is a must to make your property look secluded, not a disaster zone.
If your home doesn’t have a patio, you should install one. These are must-have features for your home as they provide a communal area where you can enjoy the outdoors. If you can afford a nice paving stone patio, you will be able to increase the value over a gravel patio. You should look for a patio that adds flare to your home and don’t forget to get it covered.
A permanent outdoor fireplace will be considered as a regular in-home fireplace during the appraisal process. This means the value of your home will increase when you install one. Not only will the value improve, but you will get to have a relaxing place where you can gather with friends and family underneath the stars. The want for outdoor living spaces is consistently increasing as the years pass.
This one is a little more on the expensive side but is worth the money if you have it. This exterior home feature is a necessity of many homebuyers according to a 2013 Home Features Preferences study done by the National Association Of Realtors. We suggest installing at least a two car garage if you are able to foot the cost.
By applying these tips of the top landscaping features to install at your home, you can drastically improve your home and property value.