Landscaping is more than just enhancing the aesthetic appeal of your property; it's also an investment that can yield significant returns. In East Tennessee, where natural beauty abounds and outdoor living spaces are cherished, landscaping plays a crucial role in property value and overall enjoyment. Understanding the return on investment (ROI) of landscaping projects in East Tennessee helps homeowners make informed decisions about their outdoor spaces.
A recent RealEstate.com study revealed that landscaping projects can yield returns of up to 150 percent. Yes, 150%! So if your project cost you $1,000 out of pocket, you may increase the value of your property by up to $1,500. But is that going to ring true in all cases?
Curb Appeal is Difficult To Measure
The first thing visitors and potential buyers notice about a property is its curb appeal. A well-maintained and thoughtfully landscaped yard creates a positive first impression and sets the tone for the entire property. In East Tennessee, where lush greenery, colorful blooms, and picturesque scenery are abundant, investing in landscaping can significantly enhance curb appeal and increase property value. However, putting a price tag on curb appeal is very complicated and, depending the variables at play, it may not count for much. If the houses in your neighborhood are unkept you can certainly get by having a well-kept lawn and there is likely no need to add hundreds of square footage of landscaping. Similarly, if your landscaping is gorgeous but your siding is warped, your window screens are broken, and your driveway is unsightly you aren't going to be able to maximize ROI on that landscaping.
Homebuyers Are Looking for Outdoor Living Spaces
East Tennessee's mild climate and scenic surroundings make outdoor living spaces a popular feature among homeowners. Well-designed outdoor living areas can increase the desirability and marketability of a home, ultimately contributing to higher ROI. Here are a few reasons why outdoor living spaces carry so much ROI:
Outdoor Living Expands Your Home into Your Lawn
Homeowners cherish the opportunity to extend their living space outdoors, especially during the warm spring, summer, and fall months. Outdoor living areas, such as patios, decks, and screened-in porches, serve as extensions of the home where families can relax, entertain guests, dine al fresco, and soak in the breathtaking views of the surrounding mountains and countryside.
Reduce Stress by Connecting with Nature
Studies have proven time and time again that spending time outside decreases stress. Outdoor living spaces bridge the gap between the indoors and outdoors by providing a tranquil sanctuary where homeowners can connect with nature, unwind amidst the beauty of their surroundings, and experience the therapeutic benefits of fresh air, sunshine, and natural landscapes.
Create Opportunities to Entertain Guests
Southern hospitality is certainly a real thing and outdoor living spaces provide the perfect setting for hosting gatherings, celebrations, and community events year-round. Whether it's a summertime cookout, a fall bonfire, or a holiday gathering under the stars, outdoor living areas offer endless opportunities for memorable experiences and meaningful connections with friends and family.
No-Hassle Landscaping Options
In East Tennessee, where the climate can vary from humid summers to mild winters, low-maintenance landscaping features are highly valued. Native plants, drought-tolerant species, and xeriscaping techniques can reduce water consumption, minimize maintenance requirements, and enhance the sustainability of the landscape. Homeowners who invest in low-maintenance landscaping not only save time and effort but also enjoy long-term cost savings and higher ROI.
Should I Use a Professional Landscaping Service?
While some homeowners may choose to tackle landscaping projects themselves, hiring professional landscaping services can offer numerous benefits. Experienced landscapers have the expertise, creativity, and resources to design and implement custom landscapes that maximize both beauty and functionality. From landscape design and installation to ongoing maintenance and care, professional landscapers play a key role in optimizing landscaping ROI. Get a quote today for your next landscaping project!
ROI on Landscaping: Curb Appeal, Outdoor Living, No-Hassle
In conclusion, landscaping is an investment that yields both tangible and intangible returns for homeowners. By prioritizing curb appeal, creating inviting outdoor living spaces, embracing low-maintenance landscaping practices, and leveraging professional expertise, homeowners can enhance the value, beauty, and enjoyment of their properties while maximizing ROI for years to come.