RealEstate.com says that a homeowner can get back up to nearly $2 for every dollar spent on backyard upgrades. Are you thinking about landscaping renovations?
Maximizing your landscaping return on investment involves planting the right plants and choosing the proper location for them.
Here’s our recommendations of the best landscaping projects to get the biggest bang for your buck!
Highest Landscaping Return on Investment? Update What You Already Have
The most inexpensive thing you can do to your landscape is touch up what you have. Trim and prune your current shrubs and trees.
Be sure to get rid of the weeds and add some mulch to your beds or fluff up your current mulch.
Edge your beds to give them a defined look from your lawn. A little touch-up can go a long way with curb appeal.
Trees can actually appreciate over time because larger trees cost thousands.
They can also help with cooling costs, and tree roots also prevent erosion.
Make sure you plant small trees in an area where they have plenty of room to grow. Talk to the nursery before planting a tree close to your home, so you can pick something that won’t get too large.
Add Outdoor Living Space
Outdoor living spaces are very popular and can help sell a home. You need to make sure you have a room outside (and not just a fire pit) to get your money back.
This extra room should provide enough space to entertain and relax. Consider an outdoor living room or kitchen to get the most return on your investment.
Reduce Irrigation Costs
Look for systems that are environmentally friendly. Outdoor water use accounts for 30 percent of total water usage.
Irrigation doesn’t sound like a fun upgrade, but people appreciate the cost savings with low-water use systems. Also, consider using drought-tolerant plants that don’t require as much water. This is xeriscaping your backyard.
Flowers give your yard a nice pop of color, but annuals need replanting every year.
You want a variety of flowers, so look for some perennials in addition to your annuals so you won’t have to replant as much year after year.
Use varying heights, textures, and colors to give your beds some dimension. You will also want to choose various flowers that bloom at different times such as early spring and summer.
What Not to Do
Now, let’s take a minute to talk about what landscaping you shouldn’t do if return on investment is your priority.
Having a luxurious pool in your backyard may be a dream, but don’t expect to get a good return on investment.
Building a sport court in your backyard may give you great practice, but it will not score a lot in the bank.
Fruit trees give you lots of delicious fruit to eat. Don’t expect money to grow on these trees though, because the rotted fruit brings flies and these trees need lots of upkeep and pruning.
Looking for Other Ways to Refresh Your House?
You now know a few tips on how to maximize your landscaping return on investment.
If you would like to give your home another boost such as a bathroom renovation or a fresh coat of paint, contact Fitzpatrick Painting for a free estimate. We have over 20 years of experience working from Eugene up to Portland, Oregon!