The amount of money you should invest in landscaping to increase your home’s value depends on a number of different factors. As a general guideline, you should expect to spend anywhere between 5% – 20% of your home’s value.
Before making an upgrade to your home, talk to a landscaping designer and realtor about what features should be top priority when making improvements. They can give you good advice about what buyers are looking for in a home and what upgrades will provide you with the most ROI.
A realtor can also give you an idea of what your house would be worth if you were to make certain improvements and how unaddressed items can give buyers reason to ask for a lower price.
When you’re spending money on landscaping and upgrades, be mindful of where you’re investing your money. In Los Angeles, pools could add very little value to a home and may even detract from your home because a potential buyer may not want a pool. However, if you’re in a luxury neighborhood, pools may be a must-have feature.
That’s not to say pools aren’t worth the money. For many families with kids, pools are absolutely worth their purchase price for the years your family uses it until you sell. But it’s important to understand that not all upgrades help increase a home’s value.
Landscaping is one of the few investments that not only adds value to your home immediately but also increases in value as years go by. While interior design concepts regularly go out of style, plants grow fuller and more robust.
Plants and trees should always be your first investment if you’re looking to increase the value of your Southern California home. Trees increase in value over time, but they also take several years to grow (anywhere from 5 to 15 years), so it’s important that you plan ahead. Shrubs, on the other hand, can be full grown in far less time.
Planting trees and shrubs early, allows you to start with the basics and scale as you go, ensuring you don’t get too overwhelmed in the early stages of the process.
Landscaping is the first thing potential buyers see when they look at your home. It’s also the source of love or complaints buyers have when making an offer on your home. Choosing the right landscaping company in Southern California to work with makes a difference whether their first reaction is positive or negative.
When searching for a company, focus on finding the right company for your needs. The lowest price doesn’t typically equate to value, and when you’re making landscaping upgrades to your home, quality is incredibly important.
A great landscaping company will help you work within your budget, outline a landscaping master plan for your home and develop a project timeline that works for you. Often, this means spreading projects out over several years.
Here at Pacific Outdoor Living, we’ve worked with customers that have both praised and cursed the decisions of prior owners. We’ve worked on many properties where we helped clients make improvements that helped them sell their current home and then worked with them to make upgrades to their new purchase. We know the features that potential buyers love and those that will get you the most return on investment.
Learn more about what we can do for you by checking out some of the renovations we’ve completed. We’d love to discuss landscaping projects for your home and which ones we feel are your property’s best investment opportunity.
At Pacific Outdoor Living, we offer a full suite of in-house design build services.To get started, contact us today or give us a call at 818.244.4000 for a free estimate.
FAQs
Improving your home's landscape from average to excellent yields an increase in home value of 10-12%, according to robust studies using actual home sales. The impact of better landscaping rises as lot size increases from under a quarter acre to over an acre, according to a Clemson study.
What percentage of the property value should be spent on landscaping responses? ›
That being said, many experts and some landscape architects recommend that homeowners spend between 5% and 10% of their home's value on landscaping. For example, if your home is worth $500,000, you might consider spending between $25,000 and $50,000 on landscaping.
How much can a well designed landscape increase the value of the property responses? ›
According to the American Society of Landscape Architects (ASLA), professional landscaping can add 15-20% or more to the value of a home. Whether you're looking to sell in the near future or down the road, it's important to think about the potential return on investment (ROI) of various landscaping projects!
What improves property value the most? ›
Projects That Boost Your Home's Value
- Remodel the kitchen. Updates to the kitchen pay off. ...
- Upgrade the appliances. ...
- Boost the bathrooms. ...
- Remodel the attic or basem*nt. ...
- Get decked out. ...
- Boost curb appeal. ...
- Improve energy efficiency.
An attractive and well-maintained landscape can add as much as 10 percent to the value of your home.
What is a good profit margin for landscaping? ›
The typical net profit margin in lawn care and landscaping ranges from 5% to 20% per job. The more expenses you have, the less profit you come back with in the end. So it's essential to know your costs, how much they are per job, and what's factoring into your bottom net profit line.
Does xeriscaping lower property value? ›
About 30% to 60% of all household water is used outdoors, primarily to irrigate lawns and gardens. Xeriscaping can save around 50% of water used outdoors compared to conventional landscaping. By reducing water usage, xeriscaping saves money on monthly utilities. Xeriscaping can increase property values by up to 15%.
How to increase home value by $50,000? ›
Home improvements that improve value can include:
- Landscape Layout. Landscaping should be welcoming, well-kept, and easy to maintain. ...
- Front Door Updates. A fresh coat of paint or modern door style elevates the entryway.
- Outdoor Lighting. ...
- Driveways and Walkways. ...
- Replace the Garage Doors.
So, if you're looking for the most bang for your buck, don't go extravagant and lavish; go simple and low maintenance. A well-manicured yard that doesn't require much upkeep is your best bet on backyard improvements that add value.By some metrics, a well-maintained yard can bump your home value by 10%.
How can landscaping provide environmental value? ›
Benefits of the Landscaping Initiative
- Reduces chemical usage.
- Minimizes environmental impacts on land, water,
- habitat, and wildlife by reducing forest fires, soil erosion, runoff and, pollution.
Landscape value corresponds to an attachment or emotional bond that people develop with places.
What percentage of the property value should be spent on landscaping? ›
It's recommended to keep your spending on outdoor and landscaping improvements in the range of 10-20% of your home's current value. The most financially rewarding landscaping projects both expand living space and add low-maintenance beauty to a property.
What type of garden adds the most value? ›
Back in 2020 the post office conducted a study and found that a landscaped garden could add up to 77% to the value of your property!
What part of landscaping makes the most money? ›
48% reported landscape and mowing maintenance as their most profitable landscape service. 32% of surveyed landscape businesses reported landscape maintenance as their fastest-growing service offering.
Is landscaping a capital improvement or expense? ›
Is landscaping considered a capital improvement? Many times, yes. The goal of capital improvements is to better your site, update your landscape or repair any safety issues. Take advantage of these projects to enhance your commercial property.
Do backyard improvements increase home value? ›
A beautifully designed and well-maintained backyard can significantly boost the value of your home while providing a space for relaxation, entertainment, and enjoyment.
Is spending money on landscaping worth it? ›
Landscaping can add tremendous value to your home. It not only adds entertainment value, allowing you to enjoy your property more, but it also adds tangible value to your resale value. Knowing this, you don't want to skimp on your landscaping budget.
