- mattstaParticipant@mattstaJoin Date: 2011Post Count: 604
I have always wondered this. Will adding any landscaping to the outside of property make it worth more in the long run? Or will it have the same value no matter what?Jamie MooreParticipant@jamie-mJoin Date: 2010Post Count: 5,069
I have nothing to back this up – but I do believe it adds value. Especially when it comes time to sell – a well maintained, nicely presented home will sell for more compared to the same home without the same first impression.
Jamieluke86Participant@luke86Join Date: 2010Post Count: 470
Agree with Jamie. It will certainly make it look better on realestate.com.au and so will get more people through the door.
I would personally hold off on doing any work untill it comes time to sell, unless possibly if you were considering refinancing in which case it may result in a higher valuation and so more equity to extract out.
Of course it all depends on location.
LukeinvestToSurfParticipant@investtosurfJoin Date: 2005Post Count: 21
I’ve heard that you can spend up to 10% of the total value of the property on the landscaping without over capitalising.
I am currently in the process of landscaping my ppor, I believe it will add add around 30-40k to the value and cost me around 25k, basically just boosting the value so I can pull out some equity for an IP purchase.
If its your ppor and you don’t plan to sell for a few years make sure what you landscape will last without too much maintenance, eg colorbond over having to paint something yearly..it all adds uplbluedentoParticipant@lbluedentoJoin Date: 2009Post Count: 98
I spoke to a values about this about a month ago. We have a block of unit that we have completely renovated on the inside but done nothing outside. She said fixing up the yard e.g. Landscaping and fencing would be important before getting the property valued.gibbo1Participant@gibbo1Join Date: 2008Post Count: 152
Landscaping can also help increase rental return. With this though you want very low maintenance, low water consumption gardensvagirl2012Participant@vagirl2012Join Date: 2012Post Count: 47
Agree that landscaping is a low cost way to easily achieve more $$, whether seeking better rent return or higher sale price… Makes sense and doesn't mean you're overcapitalising!itsandrewParticipant@itsandrewJoin Date: 2007Post Count: 294
I recently read that lawns could add massive value to a property. http://www.news.com.au/money/property/what-buyers-will-pay-more-for-in-a-new-home/story-e6frfmd0-1226268739194 Anyone experinced this?
Go as far as you can see and you will see further.thecrestParticipant@thecrestJoin Date: 2004Post Count: 992
I guess landscaping which is lasting and still making a substantial difference to the appearance and amenity of the place and is still there “in the long run”, will add value. Certainly established trees are more impressive and functional than seedlings.
I believe well established plants 1-2 meters high are great for increasing value, e.g yuccas and Bangalow palms gives it a real open and nature feel, problem is the price of them at this height, best if u can get them free e.g in a backyard where they have sprawled into many bunched together or something.
Lawn would be worth to buyers also I believe, it looks nice out the front and makes the yard feel more spacious, depends what the buyers are looking for really, i believe gravel and spaced out pavers an look good also and are a low cost and low maintenance option.
I have recently found a couple of giveaway palms at 2 meters high which I plan to put in hopefully increasing the value by a few grand and giving the impression of a well established yard.v8ghiaMember@v8ghiaJoin Date: 2005Post Count: 871
As long as you don't overcapitalize. Spending 10k on fancy stuff, overpriced plants, pergolas etc is unlikely.
But………….$800 for levelling and dirt removal if required, $500 for nice topsoil, $900 for premium Sir Walter Lawn for say 70m sq, $300 to road base the drive and part of the bakc yard, and a few old bricks/pavers to make a path or 'stepping stones' to the shed or clothesline while costing 2 or 3 grand if you do the work yourself, will triple or quadruple your investment (ie add $10k min) but more importantly may just be the thing tha makes the difference between selling or not selling, or getting a good tennant or not getting a good tennant,
well said v8 im with ya therezyrine69Participant@zyrine69Join Date: 2012Post Count: 13
Having a goal of home improvement and increased value to your property Landscaping is one of the best ways to improve your property curb appeal, for me it’s a good kind of home improvement. Most likely people always wanted to get in touch with nature and that is good example.mattstaParticipant@mattstaJoin Date: 2011Post Count: 604emz03Member@emz03Join Date: 2011Post Count: 44
it comes down to first impressions…you want to wow people (and especially valuers) before they step foot inside the house.
not to mention un-landscaped properties tend to look unfinished.