Summer is here, and that means home improvement season is, too! And if you’re trying to green your decor this year, then sprucing up your outdoor spaces is a great place to begin. Landscaping is an important part of homeownership and one that can pay big dividends when it comes time to sell your home. Landscaping improvements can provide an average 14% increase in a home’s resale value.
This means that the more a homeowner does with their yard, the more it can increase the value of their home — if they do it well. This year, homeowners who invest in their landscaping will spend an average of $1,766 to $3,227 per landscaping project, according to ImproveNet.com.
But how does one pick the right landscaping venture to raise their home value?
There are several simple DIY landscaping projects that can raise the value of your home, and you don’t have to break the bank to do it.
Jim Amorin, the president of the Appraisal Institute, agrees:
“Curb appeal is important to both appraisers and potential buyers, and homeowners don’t have to spend a lot of money to get it. In fact, it’s important that upgrades don’t exceed neighborhood norms.”
The Appraisal Institute suggests that homeowners consider the following landscaping improvements:
Upgrade Driveways, Decks, and Patios
Properly maintained and protected investments like driveways, decks, and patios can add value to almost any home. In the same way, a crumbling wooden deck can be a major turnoff for buyers. Sealing wood can help prevent rot and insect infestations, while sealing a driveway leads to less unsightly weeds growing through cracks.
These simple upgrades make for the perfect summer project. About 22% of the homes sold in 2014 came with a patio, and many buyers expect to see some kind of outdoor recreation area. If you don’t have a deck or patio, creating one might be easier than you think. For more advanced DIY homeowners, laying down a few bags of concrete is a great way to start.
Pick Perennials Instead
The Appraisal Institute also notes that perennials are a great choice for home gardeners. While these flowers are more expensive than a one-season-and-done plant, at least initially, they offer a better investment long term. Their varying sizes and textures can be visually appealing, and with proper care can bloom for many years.
Try and find out which perennials naturally grow in your region for an environmentally friendly garden.
Cut The Grass
This one may seem simple, but according to a 2016 survey by the National Association of Landscape Professionals and the National Association of Realtors, it can make a major impact. Proper lawn maintenance can cost as little as a few hundred dollars a year, but return over 300% on that small investment.
This is especially important and true of homes going on sale within a year’s time. So if you aren’t a seasoned DIY pro or gardening expert, simply focus on maintaining your lawn this summer.
For homeowners on a budget, it isn’t necessary to break the bank with large home improvement projects. Simple things like cutting the grass, sealing your deck, or planting some new flowers can be very rewarding and budget-friendly summer home improvement projects.