Are you one of the millions of Americans who chose to stay busy during the pandemic by taking on home improvement projects? From small paint projects to “down-to-the-studs” bathroom remodels, Americans went all out to add home value through home improvement projects.
Landscape design is one such project that many homeowners have found to be an excellent return on investment and a major boost to curb appeal for their property.
According to a recent report in Statistica, more than 76% of homeowners (who responded to their survey) reported, “making at least one improvement to their home during the coronavirus pandemic in the United States in 2020.” Renovations and remodels of bathrooms, kitchens, bedrooms, decks, patios, and yes, landscape design were completed not only as a way to keep ourselves busy during this unusual time period, but also as a way to add value to a home.
Real Estate Experts Weigh In on Home Improvements
Real estate agents have their collective fingers on the pulse of what home improvements can increase a home’s value and those that do not. Fortune Builders, a real estate development company, recently created a list of the top home improvements and their return on investment (ROI) that we thought would be helpful to share given our landscape design expertise in Massachusetts.
Top 5 home improvement projects with ROI.
- Minor Bathroom Remodel: Returns an average of 102%
- Landscaping: Returns an average of 100%
- Minor Kitchen Remodel: Returns an average of 98.5%
- Attic Bedroom Conversion: Returns an average of 93.5%
- Major Bathroom Remodel: Returns an average of 93.2% (Source: Fortune Builders)
A Word on Curb Appeal
Not only does landscape design have a fantastic return on investment and a boost to your home value, it can also help your home sell even years down the line.
In one HomeLight survey, 94% of top agents said that great curb appeal equals money in your bank account at closing. Houses with exceptional landscaping and landscape design sell faster and at higher levels than homes of comparable size and location.
In the same HomeLight study, top real estate agents across the country reported that well-landscaped homes are worth anywhere from 1% to 10% more than homes with no landscaping.
Well-designed walkways, patios, gardens, and strategically placed plantings can change the entire aesthetics of a property. A landscape project can be completed in one season and mean years of enjoyment.
Picture the Possibilities of Landscape Design
Carpenter Costin Landscape Design can help create an oasis in your yard using: retaining walls, stone walls, Perennial gardens, outdoor fire pits, paver driveways and walkways, hardscape patios, and natural privacy shields. The sky's the limit when it comes to how you want your property to look.
Our professional team can listen to your design ideas and customize a plan for the topography and size of your property. Not only will you improve your curb appeal, but also increase the value of your home while creating an outdoor space you can use year after year.