As anyone knows who has either bought or sold a home, curb appeal is vitally important. After all, first impressions are lasting impressions. And one of the key factors in creating a positive impression and increasing the value of a home is professional landscape design.
According to a 2016 “Remodeling Impact Study” conducted jointly by the National Association of Landscape Professionals (NALP) and the National Association of Realtors, an attractive landscape design is the highest ranked factor that adds to the perceived value of a home – and investing in the services of a landscape design professional will optimize the value of a home.
Additionally, in contrast to many home improvements, the value of an investment in landscape improvement increases over time since the growth and maturity of trees and shrubs enhance aesthetic appeal.
Some of the more specific results from the study:
· An overall landscape upgrade, new patio, and softscape upgrade (live horticultural elements) all rendered roughly 100 percent in cost recovery — and each project received a “Joy Score” of 9.6 or higher on a 1 to 10 scale. In other words, those landscape upgrades generated a great return on investment and owner satisfaction.
· Among realtors and NALP members, 96 percent suggest that sellers improve their curb appeal before listing a home for sale.
· According to NALP members, most new business is brought to landscape professionals because the homeowner does not have time to care for their lawn/landscaping (66 percent) or the homeowner does not have the expertise to care for their lawn/landscaping (65 percent).
· Eighty two percent of homeowners said they have a greater desire to be home since completing a new patio project. Additionally, 74 percent said they have an increased sense of enjoyment when they’re home – and 85 percent feel a major sense of accomplishment when they think about the project. There’s no wonder that a new patio received a Joy Score of 9.6 and value recovered of 102 percent!
· Interestingly, a new pool received the highest Joy Score of 10, but the study also showed that a new pool would only recover 50 percent of the costs. Along with landscape upgrades and new patios, both outdoor fireplaces and fire pits ranked higher than pools for return on investment.
Founded in 1989, Scott Design & Construction is today one of DFW’s premier full-service landscape and construction firms. We hope you’ll consider us for your landscaping and outdoor living needs — and promise to achieve a Joy Score of 10-plus if given the opportunity to serve you! Contact us today!