Do Landscaping Upgrades Really Boost Property Value?

When it comes to boosting property value, many fix-and-flip investors put the majority of their focus on interior upgrades. However, it’s important not to overlook the power of great landscaping. Fresh, subtle changes to a property’s exterior can enhance curb appeal and create a lasting first impression for potential buyers and renters. Today, we’ll discuss why landscaping matters, how it increases property value, which upgrades are most important, and how much you should spend. 

Contents of This Article: 

• Why Landscaping Matters in Real Estate
• Do Landscaping Upgrades Increase Property Value?
• Best Landscaping Upgrades for ROI
• How Much Should You Spend on Landscaping?
• Fund Your Investment With a Trusted Lender

Why Landscaping Matters in Real Estate

Landscaping, while it may not always seem important, actually plays a major role in creating a great first impression. Whether you’re selling or renting a property, a well-maintained yard can make all the difference.

After all, your yard is the first thing a potential buyer or renter sees when they visit the property. That said, many buyers associate a clean, attractive exterior with a well-cared-for home overall. 

For investors using Baltimore hard money lending to finance fix-and-flip projects or rental properties, enhancing curb appeal through landscaping is a great way to boost the overall value. With that, landscaping can also enhance privacy, improve outdoor functionality, and increase energy efficiency by providing shade to the home. 

Do Landscaping Upgrades Increase Property Value?

Yes, absolutely. Landscaping upgrades can increase a property’s value, especially if they’re done well. In fact, according to real estate experts, well-designed landscaping can boost a home’s value by 15% to 20%. After all, buyers are usually more willing to pay for a property that looks move-in ready from the outside. 

However, it’s important to know that not all landscaping upgrades offer the same return. For instance, it’s usually the simple improvements, like adding mulch, planting shrubs, or maintaining a healthy lawn, that provide the best ROI. Remember, not all buyers have the same taste, so over-the-top or overly personalized touches may not appeal to everyone, and may even offer less value. 

Ultimately, if you want to increase the value of your property, prioritize thoughtful, low-maintenance upgrades. These will give you the most value in both the resale and rental markets. 

Best Landscaping Upgrades for ROI

Investing in landscaping doesn’t have to be expensive to make a difference. The most important thing is to choose upgrades that offer a strong ROI while enhancing the overall curb appeal and functionality of the property. Here are some of the best landscaping upgrades that can increase your investment property’s value. 

• Fresh Sod or Lawn Care
• Mulching and Edging
• Planting Native Trees and Shrubs
• Outdoor Lighting
• Walkways and Pavers
• Simple Irrigation Systems

Fresh Sod or Lawn Care

Who doesn’t want to live in a home with a fresh, green lawn? Usually, this is the first thing potential buyers or renters notice. That said, whether you’re installing new sod or simply investing in consistent lawn care, a healthy lawn indicates a well-cared-for property. Simple things like weed control, aeration, fertilization, and mowing can go a long way. 

Mulching and Edging

If your property has a garden bed or you plan on putting one in, it’s important that the area is clean and well-defined. That said, adding a fresh layer of mulch not only improves the appearance of your yard but also helps retain moisture and reduces weed growth. Additionally, sharp edging along beds, walkways, and driveways further enhances the overall look and structure of the yard. 

Planting Native Trees and Shrubs

If you like the look of plants, trees, or shrubs, go with native options that are adapted to your region’s climate. This means that they require less water and maintenance than non-native species. They also tend to thrive without the need for chemical fertilizers or pesticides. 

Outdoor Lighting

Landscape lighting, when done correctly, helps improve the safety of a home and also highlights the architectural features of a property. Lighting walkways, driveways, and patio areas not only makes the property more functional at night, but it also boosts its visual appeal after dark. Solar-powered or LED options are great if you prioritize energy efficiency and long-term savings. 

Walkways and Pavers

If you want your property to look more inviting, safe, and comfortable, having a well-designed walkway is key. Paver walkways or stone paths can add texture, durability, and visual interest to a front or backyard. These options can also reduce muddy patches and erosion, making the yard more functional year-round. 

Simple Irrigation Systems

Watering by hand or dragging hoses around the yard can be time-consuming and inconsistent. That said, installing a simple irrigation system, like a drip irrigation or timed sprinklers, helps keep your lawn and garden healthy with minimal effort. Many buyers appreciate low-maintenance features like this, especially in areas with dry or hot climates. 

How Much Should You Spend on Landscaping?

When it comes to landscaping, the amount you spend should ideally align with your property’s overall value and your goals as an investor. With that, a common rule of thumb is to invest around 5% to 10% of the home’s value in landscaping if you’re preparing to sell it. For example, if the property is worth $300,000, you should expect to spend around $15,000 to $30,000. 

That said, you don’t have to go all out to see a decent return. Even small, thoughtful upgrades, like fresh mulch, new plants, or updated lighting, can have a big impact for just a couple of hundred dollars. 

If you’re a real estate investor, consider keeping your landscaping budget lean. Focus on more durable, low-maintenance landscaping that adds long-term value without ongoing upkeep or expensive seasonal care. 

Fund Your Investment With a Trusted Lender

Landscaping upgrades can be a smart way to add value to an investment property, especially when they’re low-maintenance and cost-effective. So, whether you’re prepping a property for sale or rent, even small improvements can go a long way in boosting appeal and ROI. 

If you’re looking at your next investment opportunity, consider working with a lender who understands your vision. Luckily, Maryland Hard Money Lenders is here to help. Learn more about our hard money loans today or fill out our loan application here!