San Diego (and the majority of U.S. cities) have seen a huge increase in home values the last few years. This is often attributed to the recent pandemic, foreign and corporate investment in homes, and limited supply of new and for sale homes.
The impact of landscaping on property values is backed by various studies and surveys. The American Society of Landscape Architects study says professional landscaping can increase a home’s price tag 15 percent to 20 percent more at the time of resale.
Here are some possible reasons why a backyard and/or front yard landscape remodel may increase your overall home value:
- Curb Appeal: First impressions matter. A beautifully landscaped front yard can greatly enhance the home’s curb appeal. Potential buyers often form an opinion about a home within the first few seconds of seeing it. A well-maintained and attractive landscape can make a home stand out in listings and during showings.
- Usable Outdoor Space: Especially in a place like San Diego, which enjoys pleasant weather for much of the year, creating an outdoor space where homeowners can entertain or relax adds functional square footage to the property. Features like patios, decks, and outdoor kitchens can be significant selling points.
- Environmental Benefits: Proper landscaping can provide environmental benefits, such as improved drainage, reduction in local flooding, and even reduced heat during the summer months (through the strategic placement of trees and foliage).
- Emotional Appeal: A well-landscaped home can create an emotional connection for potential buyers. The idea of having a beautiful garden or a backyard oasis can be the deciding factor for some homebuyers.
- Neighborhood Standards: In many neighborhoods, especially upscale ones, there’s an expectation that homes will be well landscaped. Meeting or exceeding these standards can positively influence the home’s value.
- Return on Investment (ROI): While the exact ROI for landscaping varies, some studies and real estate experts suggest that a well-executed landscaping project can deliver a return of anywhere from 100% to over 500%. This range depends on the specifics of the project and the property.
- Water-Efficient Landscaping: Given San Diego’s climate and occasional water restrictions, xeriscaping (landscaping designed specifically for areas that require little to no irrigation) or drought-tolerant landscaping can be especially appealing to potential buyers. Such landscaping not only looks attractive but can also save homeowners money and effort in maintenance.
However, it’s essential to note that while landscaping can increase home value, the specific return will vary based on the quality of the work, the relevance to local tastes and needs, and the overall real estate market conditions. It’s always a good idea to consult with local real estate professionals and landscape designers to ensure that your landscape remodeling investments are well-directed for maximum benefit.
If you’re thinking of bringing your dream landscape to life and possibly increasing your home value, contact us at Designs 4 You Remodeling for your free landscape design and construction estimate (San Diego county only)
