Exploring Ideas: Designing Outdoor Living Spaces
Money Magazine has reported that “a well-planned landscape can bring a recovery of 100% to 200% at selling time”. This is in comparison to a kitchen remodeling which brings a 75% to 125% recovery rate; bathroom remodeling, a 20% to 120% recovery rate; and addition of a swimming pool, a 20% to 50% recovery rate.
According to the Horticultural Research Institute every $1.00 spent on a well-planned landscape returns $1.35.
The USDA Forest Service’s Center for Urban Research has found that a single front yard tree is equal to a 1% increase in the sale price of a home. That is equivalent to $5,000 dollars added value for a home valued at $500,000!
“An attractive well planned landscape speeds up the sale of a home by 5 to 7 weeks AND can add between 7% and 15% to the value of a home.” The Wall Street Journal
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