• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Alford Realty Group, Inc.

Alford Realty Group, Inc.

Real estate information, helping buyers and sellers in the Lake Norman area with their real estate goals.

  • Home
  • Buyers
    • Lake Norman’s Newest Listings
    • Open Houses in the Mooresville and Lake Norman area
    • First Time Buyers
    • As a Buyer, Do I Need A Buyer’s Agent?
    • Buying New Construction
    • Relocation Guide
    • Renting vs Buying a house in the Lake Norman area
    • How do I find out about the schools?
  • Sellers
    • Marketing Your Home
    • Free Market Snapshot specific for your neighborhood
    • What’s Your Home Worth?
    • Downsizing
  • Communities
    • Living in Mooresville
      • Bridgeport
      • Cherry Grove
      • Curtis Pond
      • Franklin Grove
      • Glynwater
      • Kistler Mill
      • Linwood Farms
      • Morrison Plantation
      • The Farms
      • The Point
      • The Harbour at the Pointe
      • The Woodlands
    • 55 Plus Communities
      • Baileys Glen
      • Springs at Westport Lakeside
      • Twin Oaks
    • Cornelius
    • Davidson
      • River Run
      • Summers Walk
    • Huntersville
      • Birkdale
      • Birkdale Village
  • Blog
  • About
    • About Lisa Alford – Mooresville and Lake Norman Real Estate Expert
    • Client Testimonials and Reviews
    • Forms and Printable Documents
  • HomeKeepr

Landscaping can add up to 12% to your home value!

October 14, 2014 by Lisa Alford Leave a Comment

In the Mooresville and Lake Norman area real estate market, we all know that first impressions of a home count for a lot but wow!  This is amazing!  We at Alford Realty Group are always looking for ways for our clients to gain a competitive edge.   These results show that not only does great landscaping improve your curb appeal, it also makes the buyer feel your home is worth more.  Research from Virginia Tech shows that upgrading your home’s landscape from average to excellent can raise your home’s overall value by 10%-12%.

Researcher Alex X. Niemiera with the Department of Horticulture at Virginia Tech found that a $150,000 home with no landscaping could fetch an additional $8,300 to $19,000 by adding a landscape with color and large plants.

Not surprisingly, different states showed different values for landscaping. For example, the change in value from a home with no landscape to well-landscaped ranged from 5.5 percent in Louisiana to 11.4 percent in South Carolina. Michigan homes saw the biggest difference in landscaping appeal, with a home’s value being increased by 12.7 percent.

Survey results showed that in terms of perceived home value, respondents ranked design sophistication as most important, plant size as next important and diversity of plant type as least important.  All of these increased the curb appeal and therefore the respondents felt it increased the home’s overall value.

“The most preferred landscape included a sophisticated design with large deciduous, evergreen, and annual color plants and colored hardscape,” according to Niemiera. Adding different plant sizes to a front yard, for example, can boost curb appeal, as well as mixing fruit trees and flowers for added color.

“Survey results showed that relatively large landscape expenditures significantly increase perceived home value and will result in a higher selling price than homes with a minimal landscape,” Niemiera writes in the paper. “Design sophistication and plant size were the landscape factors that most affected value. The resulting increase in ‘curb appeal’ of the property may also help differentiate a home in a subdivision where house styles are similar and thereby attract potential buyers into a home. This advantage is especially important in a competitive housing market.”

 

Excerpts taken from article by Andrea Davis in RealtyTimes.com

 

Lisa Alford

Share this:

  • Twitter
  • Facebook
  • LinkedIn
  • Pinterest

Related

Filed Under: Uncategorized Tagged With: appeal, buyers, competitive edge, Cornelius, curb appeal, Davidson, home value, how can I get more for my home, Huntersville, improve sales, improve value, Lake Norman, Landscaping, Mooresville, what's my home worth

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Contact Lisa Alford, Broker

testimonial image
    • 704-408-2834
    • [email protected]

    Quick Search

    Property Type:

    City :
    Beds:
    Baths:
    Min. Price:
    Max Price:

    Search Topics on This Site

    Check us out on social

    • Facebook
    • Instagram
    • Tumblr
    • YouTube

    Footer

    Lisa Alford
    Broker
    704-408-2834
    [email protected]
    Read More…

    Connect with me on:

    • Facebook
    • Instagram
    • LinkedIn
    • Pinterest
    • Twitter
    • YouTube

    Copyright © 2022 · Log in

    Copyright Copyright Alford Realty Group, all rights reserved
    Information deemed reliable, but not guaranteed.

     

    Lisa Alford is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. Lisa has affiliate relationships with other companies, people and brands and when you click a link, she and her company may receive a direct benefit.