Garden Improvements with Great ROI
Gardens are more than an aesthetic for home-buyers. They offer much more, including a place to relax, storage space, hosting space and even a place to grow food. A garden can be the difference between a make or break buying decision, so sellers should keep their eyes peeled for valuable improvements.
Valuable improvements come at a cost and not all improvements are equal. As a seller, you want to make sure you get the best ROI for your improvements, so you need to understand what features add value and bring the most ROI.
Let us figure it out.
The ROI of a garden depends on the house size and the size of the garden. More so, the house price will depend on the area and national events. No matter how large your garden investment, it will not exceed the price ceiling much.
So before you fork out thousands of dollars, you need to get your facts straight to have realistic expectations.
With an idea of house and garden size plus other factors, is it worth it making improvements? This is a personal decision based on your house, garden and budget.
If you choose to go ahead, there is hope for great ROI.
In 2021, a study by Acorn Gardening found that garden improvements can increase the value of your house by an estimated 7.4%, depending on garden size.
- Large garden, value can increase up to $29,337
- Medium garden, up to $24,086
- Small garden, up to $13,124
Even improvements to small gardens can add significant value to your house. Small gardens matter!
Now that you have an idea of the value your garden improvements can make to your house, where will you make them? Some front runner features for garden improvements include the garden shed, patio, fence, outdoor lighting and garden furniture.
With the right garden improvement investment, your property value can increase both in ROI and buyer value.