It’s that time of year when homeowners want to be outside working on their lawn and landscaping ideas. Good landscaping can add up to 28% to the overall value of a house, according to the National Association of Home Builders. Plus, resale value goes up when there is added functionality, instead of “frills and lifestyle”.
Most homeowners plan on selling their homes after five to seven years, so keep selling in mind when doing upgrades and changes. Too individualistic, personalized lawn additions can take away from future prospective buyers. It’s is all about the curb appeal, first impressions do make a difference. In this case, we are going to look at how trees can make a huge difference in selling/buying a home:
Trees are important for future home-buyers. There is a specific National Tree Benefit Calculator that will affect the property value in certain zip codes by calculating the storm water runoff, carbon dioxide reduction, and even energy savings, Did you know? Trees can even add value to your neighbor’s property.
A recent study done in Portland, Oregon found that trees with a sizable canopy growing within 100 feet of other houses added about $9,000 to their sale price and shaved two days off its time on the market. Make sure to add and/or keep trees that are healthy, mature (but not too old), native to the Colorado area, and, of course, appropriate to the neighborhood.
Some more fun facts about having trees:
- Just three properly placed trees could save you between $100 and $250 a year in energy costs, says the U.S. Department of Energy.
- Planting windbreaks and shade trees can reduce winter heating bills by 15% and air conditioning needs by 75%.
- Just looking at trees produces “significant recovery from stress” within five minutes, according to a Texas A&M University study.
Now, next time you are out working in the yard take into account the available trees in your landscape. Do you have trees? What kind of trees are they? Should you go get some new trees or get rid of the old ones? Use these helpful facts and suggestions to make the best choices when it comes to return on investment.