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By Dan Michura

Studies have shown that attractive landscaping increases the value of a home and that has been even more true in the past few years as the housing market continued to boom despite the soft economy. (as reported in the Star Tribune – May 24, 2003)

 

The money homeowners spend on landscaping is a good investment. When lots are attractive and well cared for it sends a message about the care of the house inside as well.


Eric Flom, home appraiser in Ramsey, Hennepin, Washington, and Dakota counties for Town & Home Appraisal Network in Roseville (reported in the Star Tribune – May 24, 2003)
 
According to the Council of Tree and Landscape Appraisers, a mature tree often can add an appraised value of $1,000 to $10,000 when comparing a home to similar properties.
Council of Tree and Landscape Appraisers (as reported in the Star Tribune – May 24, 2003)
 
Landscaping has become even more important in the past few years. Buyers are more informed and have higher expectations, he said, even for entry-level homes (those in a price range from $100,000 to $225,000). A nice lawn with some trees and flowers can help push a price into the higher end of its range and move the house faster.
 
Eric Flom, home appraiser in Ramsey, Hennepin, Washington, and Dakota counties for Town & Home Appraisal Network in Roseville (reported in the Star Tribune – May 24, 2003)
 
A distinctive landscape is an even stronger selling point for townhouses and other high-density developments, it’s less expected in those projects and shows the owner took some extra care.
Gary Zumberge, owner of CVS Home Appraisals in Edina (reported in the Star Tribune 5/23/2003)
 
Trees can cut energy costs, fight air and noise pollution, and help prevent erosion and storm-water damage. According to the American Forest Industry Association, one tree in the city can provide savings of up to $274 a year in air-conditioning costs.
American Forest Industry Association (as reported in the Star Tribune – May 24, 2003)
 
Comparison of Home Investment Recovery Averages (with sound planning)
 
  • Landscaping – 100 to 200 percent
  • Kitchen Remodeling – 75 to 125 percent
  • Bathroom remodeling – 20 to 120 percent
  • Installing a swimming pool – 20 to 50 percent

Money Magazine (reported in Star Tribune – May 24, 2003)