BEST BACKYARD INVESTMENTS: Big Rewards for Smart Decisions!
Everyone wants a beautiful home. Part of what makes our home beautiful is the property around it. If you reside in the New York Hudson Valley, you know the year-round challenges involved with keeping that property in optimal condition. Having just gone through the rigors of another seemingly endless winter, the yard outside is probably not looking its best right now. But with a few smart decisions, you can remedy that problem with extraordinary results.
While do-it-yourself efforts can extend only so far, a wiser course of action is to hire the right professionals to accomplish your overall plan of property improvements. Whether your goal is to spruce up the entire estate for resale now or inevitably for some future date, or just to enhance your lifestyle , this will require a financial investment on your part. How much to invest is the magic formula.
WHAT THE EXPERTS SAY
According to many of the industry experts, how much you invest depends on your budget and your aspirations. If reselling your home immediately is not at the top of your list, you may consider a bigger investment because you and your family will be reaping the benefits for many years to come. How can you put a specific value on the pleasures of your own pool to keep the kids happy, you cool and the yard ultra-glamorous?
Well-known home improvement expert Bob Vila, as well as highly successful real estate magnate and TV personality Barbara Corcoran, both recommend developing a five-year professional plan for your outdoor vision, one that is implemented by proven specialists who represent the level of quality and expertise needed for maximum return on investment. This provides enough time for choice plantings to mature to full aesthetic extent to enhance your property adequately for best visual effect. It also gives you time to afford the various landscape features you wish to add on a gradual basis.
BEST BETS FOR ROI
One of the most sought-after outdoor amenities these days is an outdoor kitchen. Built with quality equipment and an excellent design, the outdoor culinary area is all the rage. A definite plus in home resale appeal, it easily adds value to your home’s price tag. As a rule of thumb, the more you spend, the bigger and more elaborate the outdoor kitchen, the grander the final gain in property value.
And that philosophy applies with surefire accuracy to the addition of a patio. One of the most desirable features of any outdoor space, the well-built, well-designed patio tops the list of best investments for personal pleasure and home resale value. One of the reasons for this is the buyers’ perception of added living space without the typical burden an additional interior room would have on tax repercussions. It is also a low-maintenance space, especially if well-built, that keeps the insect population diminished in that area as a bonus. It doesn’t need to be heated or cooled and provides a year-round sanctuary for a variety of enjoyable as well as utilitarian purposes in close proximity to your home’s point of access. One thing to remember, though, is if your yard is small, you shouldn’t make the patio so large that it crowds out any space for lawn activities. This is important for families with pets, young children or adults with an interest in cultivating a garden. Your landscape designer should keep this balance in mind.
HOW MUCH TO INVEST?
Looking for some specific monetary investment guidelines? Most industry professionals claim it is impossible to predict final outcome. Examples range from very modest to extremely significant. John Gidding, host of HGTV’s “Curb Appeal” claimed that on a recent ‘Curb Appeal’ project, he had put in $20,000 and the sellers got $200,000 more than they had paid for the house just a year prior. “The return was astonishing,” he said. Yet, others like The American Society of Landscape Architects (ASLA) recommend investing 10 percent of the home’s value toward landscaping. On a $300,000 home, that computes to a $30,000 investment at the very least. On a more affluent property, for example, you could easily invest $100,000 or more on landscape projects for a million-dollar estate. Beyond plantings, such projects can encompass structural features like lighting, fences, garden paths, fire pits, swimming pools, ponds and high-yield structural or hardscaping investments like patios, walls, steps, terracing and stone walkways.
Realtors generally caution against investing in a hard-to-maintain rose garden, for example, because of future owners’ lack of desire or expertise to manage such a feature. But they all agree that a well-maintained lawn has a high draw as do colorful potted annuals, well-planned perennial gardens and year-round tree and shrub landscape designs.
One caveat all experts mentioned was that you have to be careful to assess the overall value of your neighborhood before you invest heavily in your property. Here is one example where keeping up with the Joneses has definite worth. If your neighbors’ homes are beautifully landscaped and boast in-ground pools, you should have no trouble deciding to similarly upgrade your own property.
Concluding on a high note, everyone questioned agreed that a beautiful landscape surrounding your home earns excellent merits in attracting buyers by making a wonderful first impression about your home’s aesthetic appeal.
Looking for a reliable landscape professional to get you started?
If you would like to discuss your landscape project at a free on-site consultation, Rhett Goslar, renowned landscape designer and owner of the highly respected Hudson Valley full-service landscape company, Artistic Landscapes LLC, would be happy to meet with you. You can contact him by email by visiting http://artisticlandscapesny.com/contact_.html or by calling 845-542-6723. To see his well-earned awards or read authentic Angie’s List reviews by discerning clients just like you, please visit http://artisticlandscapesny.com/Angies_List_Reviews_.html