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Landscaping can add
more than value to the sale of your home. A
University of Florida study shows that freshening up your
yard can make your home sell faster.
Bob Degner is director
of the Florida Agricultural Market Research Center at the University of
Florida's Institute of Food and Agricultural Sciences. He emphasizes that
"More than anything, homeowners should landscape their homes for their own
enjoyment. You might come close to doubling
your money when you sell, or you might recover only a fraction of your
investment, but the investment payoff shouldn't be your primary motivation."
However, "If you want to sell
quickly, add a lot of color into the entire yard. If you’re looking at the
long-term payoff, emphasize trees and shrubs that will get larger over the
years but be sure not to create an overgrown look. Having a good design is
a key to making a new landscape work," Degner
said. "You can buy your own plants relatively inexpensively and install
them yourself if you want to save money, but you should invest in a good
landscape design."
When buyers fall in
love with a house, it's an emotional attachment. Landscaping can create
atmosphere that triggers emotions. A buyer will have a gut feeling about a
home within a few seconds of seeing it. That
first impression comes from "curb appeal".
This is where proper landscaping can make a big
splash.
Investing in
landscaping may not increase the value of your property in the sense
measured by a certified appraiser, but it can increase its "appeal value" or
"sale ability". If you were to sell two identical homes for the exact same
price, but were to take one and give it a scrub till it shines cleaning, it
wouldn't increase its market value, but it would increase its sales appeal.
Long term strategies in
landscaping include planning for plant and tree growth. If that tree out
front will eventually shade the house in the hottest part of the day, that
will reduce cooling bills, and increases value. Research done by Virginia
Tech Horticulture Department shows that trees shading homes can reduce attic
temperature as much as 40 degrees. Strategically placed trees can also
provide privacy and create a windbreak. If headlights from the neighborhood
shine in the window at night, see if you can plant a tree or shrub in a spot
that will block the glare. Consider an evergreen for year round
effectiveness.
Psychologist Rachel
Kaplan did a study among homebuyers and found that trees, well landscaped
grounds and places for taking walks were among the most important factors
considered when individuals chose a place to live. The trees in Nancy
Henderson’s Martinsville, Virginia home became a selling point. She planted
two maple trees in her front yard. As they grew, her cooling bills
decreased. “People were very anxious to know how the trees helped with our
air conditioning and electricity bills,” she says. “And we were able to
show potential buyers on paper how the trees decreased our bill costs over
time.” |