Landscape Install: Return on Investment
Do you believe a kitchen or bath remodel will bring a bigger ROI (Return on Investment) percentage to your home?Â Time to re-evaluate.Â Landscape re-design is the highest percentage ROI of all home remodeling.Â The internet is littered with articles that have numbers ranging from 70% all the way to 200%.Â Thatâ€™s right, 200% according to Money Magazine, with the average being about 150%.
Hereâ€™s the deal.Â Not all landscaping is going to bring you a high ROI.Â For example, seven shrubs and a crooked tree installed by your cousin, the self-proclaimed â€œlandscape expertâ€, is not going to bring you a 200% return.Â Nor will a massive rock waterfall with a babbling brook in your backyard.Â These features, although maybe fitting for your budget or style, are not positives for your ROI.
A well thought-out and designed landscape by a professional will help you in raising your percentages.Â Front yard landscape designs follow a â€œForm-Over-Functionâ€ motto.Â They need to obtain substantial curb appeal by using some well-placed trees for height, balanced shrubs and perennials for color, and proper hedges to provide the framework of your landscape.Â A backyard landscape is a more â€œFunction-Over-Formâ€ mindset because this aspect contains more usable space that tailors to your needs.Â Some high ROI items include fireplaces, built-in grills, patios, pergolas, and seating walls.Â These can be designed in way that creates a pleasant feel and extends your living area to the outdoors.Â Design elements that do not apply high returns are non-usable items like waterfalls, creeks, and ill-created gardens.
Whether your budget is $5,000 or $50,000, a pleasant/ appealing landscape can be applied to your home and help create an ROI that is in your favor.