Investing in landscaping your yard can pay off big time whether you plan to stay in your home for years or put it on the market. The National Association of Realtors says landscaping is the top feature that appeals to buyers and adds value to homes, ranking even higher than interior improvements. Making investments in your outdoor spaces now can lead to more mature and attractive features when you're ready to cash in on that value later.
Why buyers care
Curb appeal is the first impression prospective buyers have of a home and typically leads to higher offers and less time spent on the market. Mature trees, well-maintained lawns, and large plants tend to make the biggest difference when selling a home. Many realtors suggest investing 5 - 10% of your home's value in landscaping for a return on investment as big as 150%!
What you can do to make an immediate difference
If you want to make immediate improvements in the curb appeal of your home, here are some ideas for a quick facelift on your yard:
- Add some color by planting annuals, perennials, and shrubs. Clear out weeds and fertilize the lawn for a greener color.
- Mulch or add edging to keep the lawn looking tidy, manicured, and well cared for.
- Add some potted plants near the front door for a warm welcome inside.
The biggest bang for your buck
Making some more substantial improvements can help you better enjoy your home while you're in it and make it more attractive on the market. Here are some ideas:
- Paved patios and hard scaping are huge draws to prospective buyers as they add more usable space without adding finished square footage to a home.
- Outdoor fire pits tend to rank higher with buyers than in-ground pools. They require less maintenance and can be used in cooler weather.
- Plant trees! The earlier you start, the better. Especially in North Dakota, where trees are more scarce, they are big factors in making the decision to buy a home.