Tuesday, March 3, 2015

Landscape ROI (Return on Investment) as high as 150%

A recent study by realestate.com suggests that landscaping and hardscaping can deliver a return on investment as high as 150 percent – an ROI that puts it ahead of popular home improvement projects like kitchen or bathroom updates.

"When I bring a buyer to a home that features state-of-the-art landscaping and elements like a fire pit and high-end pavers, there's an immediate assumption that the inside of the house will be as
spectacular as the outside," said John Duffy of Duffy Real Estate. "Now we have research that shows that homebuyers will pay a premium for a nicely landscaped property, particularly one that features elements like an outdoor fireplace and finishes in stone or brick. The new mantra in home buying is location, location, landscape."

According to RealEstate.com, for every dollar spent on upgrading a backyard or outdoor space, a homeowner can expect to get back anywhere from 60 cents to two dollars. With up to 14 percent added to the home's resale value; on a $500,000 home, that's nearly $75,000.

The most popular items being requested by homeowners today, according to EP Henry Authorized Hardscaping Contractor® Blase DeMichele of B. DeMichele Inc.
based in Media, PA, are:

    Outdoor fireplaces
    Covered outdoor spaces with kitchen components
    Stone veneer sitting walls
    Fire pits
    Patio pavers

Photos: A recent landscape and  hardscape install in Valley Center by Steven Smith Landscape, Inc.
Please visit our website: stevensmithlandscape.com

suggests that landscaping and Hardscaping™ can deliver a whopping return on investment as high as 150 percent – an ROI that puts it ahead of popular home improvement projects like kitchen or bathroom updates. - See more at: http://globenewswire.com/news-release/2014/09/10/665100/10098067/en/Landscaping-and-Hardscaping-Projects-Can-Bring-Homeowners-an-ROI-of-Up-to-150-Percent-According-to-New-Study.html#sthash.Jgh0kmb0.dpuf
suggests that landscaping and Hardscaping™ can deliver a whopping return on investment as high as 150 percent – an ROI that puts it ahead of popular home improvement projects like kitchen or bathroom updates. - See more at: http://globenewswire.com/news-release/2014/09/10/665100/10098067/en/Landscaping-and-Hardscaping-Projects-Can-Bring-Homeowners-an-ROI-of-Up-to-150-Percent-According-to-New-Study.html#sthash.Jgh0kmb0.dpuf
suggests that landscaping and Hardscaping™ can deliver a whopping return on investment as high as 150 percent – an ROI that puts it ahead of popular home improvement projects like kitchen or bathroom updates. - See more at: http://globenewswire.com/news-release/2014/09/10/665100/10098067/en/Landscaping-and-Hardscaping-Projects-Can-Bring-Homeowners-an-ROI-of-Up-to-150-Percent-According-to-New-Study.html#sthash.Jgh0kmb0.dpuf

1 comment:


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