Landscaping: A Worthwhile Investment?

When thinking of renovating or improving your home, it’s natural to consider spaces such as the kitchen or bathroom. When it comes to devoting part of your budget to landscaping, there may be a bit of hesitation.

Of course, since the purpose of any investment in a property is to add value to it, it’s normal to question the relevance of investing in your property's landscaping. In order to answer some questions on this subject, RenoQuotes has taken the time to do the research for you.

Investing in Landscaping: Is it Worthwhile?

Landscaping to increase the value of your property

Any homeowner interested in selling their property knows that arriving visitors will see the property landscaping before they even enter the interior. As this is their first impression of your home, it’s impossible to question the importance of having a quality landscape especially if you’re interested in seducing potential buyers. Moreover, investing in landscaping allows you to increase the resale value of your home from 15% to 20%. 

Although stable ground, shrub and flower bed maintenance play a significant role in the overall appearance of the outdoors, the design of the landscaping, as well as the choice of materials and plants, will be critical to the success of your landscaping layout and design.

How to Gauge Your Landscaping Project Budget

Take into account the land dimensions

Obviously, the larger the dimensions of your property, the more you’ll have to pay for the completion of your landscaping project. Not only will a larger lot require more plants and trees, but it’s also likely that you’ll need to remodel a larger deck or entrance as well as install a longer fence. It goes without saying that cutting corners and compromising on the quality of the materials is not advisable.

Determine the value of your property

The value of your home will also have a significant impact on budgeting for a landscaping project. On this point, it should be noted that opinions differ as to the percentage of the value of the house that must be invested in the exterior design.

It can be agreed upon that a sufficient but not excessive investment should be made between 10% and 30% of the value of the property. For a home whose value is less than $270,000, an investment of around 10% would achieve a satisfactory result. This could include a hedge, the development of a courtyard entrance and a set of plants. 

If you’re looking for a more elaborate development, then you may be considering a gazebo, a pergola, a terrace, a pond of water or more extravagant flower beds, you’ll need to increase your budget to around 30%. Remember that the types of materials chosen will have a considerable influence on the cost of each of these elements.