First Impressions & Home Investments
With spring upon us I was recently reading a variety of articles about how to increase the value of my home through landscaping. Whether you are renting and just want a nicer look to the front of you home or you are looking to add value to your property, I hope these ideas are helpful in your spring yard work.
First impressions matter. They matter for job interviews, and first date; they also matter for your home. In the home owner world, the first impression is called “curb appeal”. A nicely maintained yard can add up to 28% of your homes value. A landscaping plan that matches your home, has multiple textures and colors, creates a first impression that can attract buyers and elevate your home’s worth.
Curb appeal is so important in fact that there are now whole shows and websites dedicated to this concept. So, how should you go about your landscaping and how much should you spend? The first thing to do is clean the yard of weeds and look at the architecture of your home. Do not overwhelm your house. Mix up the colors. Mature trees can add $1000 or more but if you are not selling in three years, save money and plant younger trees. Outdoor living spaces and drought tolerant plants also can increase the value. Up to one-third of total household water costs tend to go to landscaping so learn about your soil and the type of plants you plant. You don’t need to break the budget, but don’t forget that your yard is the first impression of your home and can be one of the best home improvement investments you can make.
This investment typically has a great rate of return and the investment should be close to 10% of the value of your home. Now is a good time to look at what type of first impression your home is making and see what type of investment you might make.