Step
Up Your Curb Appeal
A beautiful yard is a
head-turner, no doubt about it. The good news is that even if you can’t tell a
tulip from a turnip at the garden center, you can still create eye-catching
curb appeal by paying attention to the basics of good landscaping. Ignoring
your yard—or doing something that’s out of character with the neighborhood —can
jeopardize the assessed value of your home.
“We have several
categories for design and appeal,“ says Frank Lucco, an appraiser in Houston.
“That’s where we make those adjustments. Poorly maintained landscaping can be
as much as a 5% or 10% deduction.”
Although many
appraisers praise good-looking landscaping at sale, they say it’s difficult to
assign an uptick in value to upkeep. However, landscape economist John Harris
says good landscaping can add up to 28% to the overall value of a house and cut
its time on the market 10% to 15%.
Time allotted: 1-2
Days
But don’t landscape
merely to flip a house. You won’t get your money back, says California appraiser
Sandy MacCuish.
Here are the top
suggestions from real estate agents, appraisers and landscape designers for
boosting the curb appeal of your yard:
Green Up the Grass
If your house has a
front yard, make sure it‘s neat and green by following a lawn maintenance calendar. You don’t want bare spots, sprawling
weeds or an untrimmed appearance.
“It’s so simple to go
to Home Depot, buy fertilizer, apply it every six weeks, and water it,” says
Mitch Kalamian, a landscape designer in Huntington Beach, CA. “It will green
up.”
If the yard looks
really scruffy, you may decide to invest in some sod. Sod will average about 15
cents to 35 cents per square foot, according to the National Gardening
Association. If you hire a landscaper to sod your yard for you, labor will add
30% to 50% to the total cost of the project.
Another alternative is
to plant low-maintenance turf grasses, which are durable and drought-resistant. Expect to pay
$18 to $30 for enough turf grass seed to plant 1,000 square feet of lawn area.
Add Colorful Planting
Beds
Flower beds add color
and help enliven otherwise plain areas, such as along driveways and the edges
of walkways. In general, annual flowers are a bit cheaper but must be replaced
every year. Perennials cost a bit more but come back annually and usually get
larger or spread with each growing season.
If you’re not sure
what to plant, inquire at your local garden center. Often, they’ll have a
display of bedding plants chosen for their adaptability to your area. Also,
they‘ll be inexpensive because they’re in season, says Peter Mezitt, president
of Weston Nurseries in Hopkinton, MA. Try pansies in the summer, and asters and
mums in the fall to add vibrant color. “That’s what we do around the entrance
to our garden center,” Mezitt says.
Valerie Torelli, a
REALTOR® in California, who dresses up her clients’ yards to sell their houses
faster and for more money, says that in her market she can put in a bed of
colorful annuals and bark, as well as cutting down overgrown shrubs, for less
than $500. “We can buy gorgeous plants for $3.99 to $15.99,” she says.
Add Landscape Lighting
For homeowners who
have made a sizeable investment in landscaping, it makes sense to think about
adding another 10% to 15% to the bill for professional outdoor lighting. After all, buyers aren’t always looking at houses on a
Saturday afternoon.
The cost of a system
runs from $200 for a DIY installation to more than $4,000 for a professional
job. If you‘re doing it on your own, the key is to light what you want people
to see, such as mature trees and flowering shrubs.
The value of mature
trees is particularly difficult to determine. Lucco says that in his market
mature trees contribute as much as 10% of a $100,000 property’s
overall value. In addition, a properly placed shade tree can shave off as much
as $32 a year on your energy bills. Expect to pay $50 to $100 for a young, 6-
to 7-foot deciduous tree.
You can make your own
initial assessment of the value of your property’s trees by visiting the National
Tree Benefit Calculator. For
example, a mature Southern red oak tree with a diameter of 36 inches in the
front yard of a house in Augusta, GA, might add $70 to the property value.
No comments:
Post a Comment