If you’re like homeowners around the country, then you’re probably always looking for ways to improve your home’s beauty while also adding to its resale value. While many homeowners choose to invest in roof replacements or kitchen remodels, investing in landscape design is one of the best ways to improve your home’s value while maximizing the return on your investment.
Harmony Design Northwest is proud to be one of Portland’s top landscape design firms and we would love to help you create an outdoor space that you feel comfortable in and excited about. Contact us today to get started, and continue reading below to learn more about increasing your home’s value through landscaping.
Increase Your Home’s Value with Landscape Design
A backyard oasis like this one, designed for clients in SW Portland, provides you with a retreat from the world and improves the resale value of your home.ottom line. In fact, it’s been estimated that a well-planned landscape design can add up to 20 percent of your home’s value to the resale price.
First impressions are everything. The saying has become somewhat cliché, but it still rings true in the real estate industry. Buyers want to see a beautiful property from the moment they step out of the car, and an unsightly or poorly tended landscape will leave them wondering about the rest of your home. A great landscape design will impress both buyers and agents, and the best part is that your investment will pay off when it comes to your bottom line.
According to Portland realtor Patty Brockman, “Choosing the right size, shape, and color plants and outdoor living landscape elements like patios and decks can make your house a real show stopper. Buyers love to see unique and interesting designs that showcase personality and creativity.”
How much do you need to invest in landscape design to get a great return on your investment? The answer varies. According to the American Society of Landscape Architects, you should be prepared to invest at least 10 percent of your home’s current value into landscape design.
The median home value in Portland now tops $400,000 (though this number is constantly changing in Portland’s dynamic real estate market). Suppose you took ten percent of that price, $40,000, and invested it into landscape design. Not only would $40,000 allow you to create an amazing space around your home, but even a modest return on your investment would be a huge payoff. Suppose your landscape design added 15 percent to your home’s value — you would be able to price your home at $460,000! This increase in property value would not only completely pay for your original investment in landscape design, but it would also put an extra $20,000 in your pocket after you’ve sold your home.
If you’d like to learn more about how Harmony Design Northwest can help you improve your home’s resale value through landscape design and consulting, just get in touch with us for a consultation! We’ll take care of everything from providing you with a detailed design to recommending local landscape contractors in the area who can bring your dream space to life. We look forward to speaking with you soon!