Tips on Increasing Your Home’s Resale Value
Posted on August 21, 2009
Filed Under Home & Garden | Leave a Comment
As a homeowner, one works very hard to keep the house in a good shape. Taking care of repairs, leaks,maintenance, taxes and house payments comes with the responsibility of being a home owner. Usually it is thought that if the house looks good in the inside , one has increased the resale value of the home. But do not over look the importance of increasing the resale value of your home by landscaping your property.
You may be asking why landscaping is so important that it can contribute in increasing the resale value of the home? The answer to that is when the appraisers look at your property, what is the first thing that they see? You guessed it right, it’s landscaping.They look at the exterior of your home and than compare with other homes in your neighborhood.Your city also evaluates if your yard is contributing towards the appeal of your neighborhood.
Landscaping can return up to 100 -200% of your initial investment.This is how important it is to have a good landscape.It offers the best return on your investment. In the past five years, spending on landscape and installation has more than tripled.While one cannot deny the importance of landscaping, you do not have to go bankrupt while doing landscaping. Landscaping costs do not have to be outrageous.So how much should one spend on landscaping? Invest about 5-10% of your house worth.This investment could give you a return of 100-200% when you sell your house.
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