There are some definite advantages to improving the landscaping around your home. You not only create a nicer place to live, but you may also end up with more money when you sell your home. This is true with outdoor projects as well as home improvements. The question is, which outdoor projects offer the most benefit in terms of satisfaction and return on investment?<\/p>\n
A report by the National Association of Landscape Professionals (NALP) and the National Association of Realtors (NAR) sheds some light on the topic. It focuses on why homeowners complete outdoor remodeling projects, their level of satisfaction, and the potential value those projects could bring when selling a home. All totaled, the report pinpointed 11 outdoor landscape projects scoring high in satisfaction and value.<\/p>\n
Why Landscaping Matters?<\/strong><\/p>\n Curb appeal figures prominently, and 97% of NAR members say they believe it is important in attracting a buyer for residential properties. \u201cYou want to make a good impression with your home. That means making sure the yard and landscape are neatly mowed, plants are trimmed, and beds are edged,\u201d says Lisa Stryker, NALP spokesperson. \u201cAdding seasonal color\u2014plants in planters and on the front porch\u2014makes a great first impression. A well-kept yard and neat landscape is always an advantage when selling a home.\u201d<\/p>\n While getting the most bang for the buck can be a compelling goal, Stryker recommends homeowners consider something else. \u201cI wouldn\u2019t go into it with the mindset that it is a financial investment. I\u2019d think of it as a lifestyle investment,\u201d Stryker says. \u201cThink about what is going to bring you the most enjoyment in your outdoor space and focus on that. Do you want to spend more time entertaining family and more space for kids and pets to run, or do you want to create a sanctuary with shade and privacy? Think about how you want to experience your yard, and plan your landscape around how you want to live in your yard.\u201d<\/p>\n Brandi Snowden, NAR\u2019s director of member and consumer survey research, noted the survey also looks at consumer satisfaction after completing a project. \u201cRanked on a scale of one to 10, the report found that consumers rated all 11 outdoor projects highly, with Joy Scores at 9 or above,\u201d Snowden says.<\/p>\n In descending order from highest to lowest percentage, these 11 outdoor landscape projects brought the best return on investment (ROI) in the 2023 Remodeling Impact Report: Outdoor Features from the NAR Research Group.<\/p>\n 1. Standard Lawn Care Service<\/strong><\/p>\n For purposes of the report, standard lawn care service was defined as six standard seasonal applications of fertilizer and\/or weed control on a 5,000 sq. ft. lawn. The estimated cost was $415 with ROI estimate of $900, or 217% return. \u201cThis project adds beauty and aesthetics and has a Joy Score of 9.4 (on a scale of 10),\u201d Snowden says. In addition, 58% of homeowners said they had a greater desire to be home after it was completed.<\/p>\n 2. Landscape Maintenance<\/strong><\/p>\n \u201cConsumers cited doing landscape maintenance to add beauty and aesthetics to their property,\u201d Snowden says. Landscape maintenance includes an annual mulch application, mowing 2,835 square feet of lawn, pruning shrubs, and planting approximately 60 perennials or annuals. The estimated cost of $4,800 had an ROI estimate of $5,000, or 104% return. In addition, 61% of homeowners had a greater desire to be home after completing the project.<\/p>\n 3. Overall Landscape Upgrade<\/strong><\/p>\n \u201cFifty percent of consumers who have completed an overall landscape upgrade said that the most important result was adding beauty and aesthetics to their property,\u201d Snowden says. \u201cThis project had a Joy Score of 9.7, and 23% of Realtors would recommend this project before selling.\u201d<\/p>\n An overall landscape upgrade includes installation of a natural flagstone front walkway 3 feet wide, 30 feet long; two stone planters each 6 feet long, 2 feet wide; five flowering shrubs; one deciduous 15-foot-tall tree; and bark mulch. The estimated cost of $9,000 had a matching ROI estimate of $9,000, or 100% return. Also noteworthy is that 72% of homeowners had a greater desire to be home after this project was completed.<\/p>\n 4. Outdoor Kitchen<\/strong><\/p>\n \u201cThe most important result from adding an outdoor kitchen was that it is durable, has long-lasting results and materials,\u201d Snowden says. \u201cAdding an outdoor kitchen was also a way for consumers to customize their home and add their personal taste.\u201d<\/p>\n An outdoor kitchen project includes installation of one inset grill; stainless steel drawers; ice chest; sink; and 60 square feet of concrete countertops made from veneered masonry stone. The estimated cost of $15,000 had a matching ROI estimate of $15,000, or 100% return. Moreover, 99% of homeowners had a greater desire to be home after completion of the project.<\/p>\n 5. New Patio<\/strong><\/p>\n A new patio\u2014defined as installation of a backyard 18×16-foot concrete paver patio, dry set over compacted gravel and sand base\u2014has an estimated cost of $10,500 and an ROI estimate of $10,000, or 95% return. \u201cA new patio can help improve livability and upgrade worn-out features,\u201d Snowden says. \u201cConsumers who have completed this project also noted having a greater desire to be home and an increased sense of enjoyment when they are home.\u201d<\/p>\n 6. New Wood Deck<\/strong><\/p>\n A new wood deck has almost as much appeal as a new patio. \u201cThe Joy Scores for both projects are very close\u2014a new patio had a Joy Score of 9.9, while a new wood deck had a Joy Score of 9.8,\u201d Snowden says. \u201cFor both projects, consumers cited the most important result as improved functionality and livability.\u201d<\/p>\n According to the report, a new wood deck consists of a 14×18-foot cedar structure with cedar railing and stair steps, plus pine or fir lattice at the base. The estimated cost of $16,900 had an ROI estimate of $15,000, or 89% return.<\/p>\n 7. Tree Care<\/strong><\/p>\n Tree care, for purposes of the report, includes three applications of tree fertilizer, regular spraying, trimming, and pruning, as well as the removal of one 30-foot-tall tree. The estimated cost is $2,875 with an ROI estimate of $2,500.<\/p>\n \u201cRealtors estimate that tree care can recover 87% of the project cost when selling a home,\u201d Snowden says. \u201cNAR also finds that 44% of Realtors would recommend tree care before selling.\u201d<\/p>\n 8. Irrigation System Installation<\/strong><\/p>\n \u201cConsumers may choose to install an irrigation system for their lawn to improve the aesthetics and beauty of their lawn,\u201d Snowden says. \u201cConsumers who have installed an irrigation system reported a Joy Score of 9.4.\u201d The project includes installation and management of an irrigation system for a 5,000-sq.-ft. lawn with an estimated cost of $6,000 and ROI estimate of $5,000, or 83% return. The report noted that 61% of homeowners had a greater desire to be home after an irrigation system was installed.<\/p>\n 9. Landscape Lighting<\/strong><\/p>\n This project, which includes installation of a standard 600W transformer and 20 LED lights, had a cost estimate of $6,800 and ROI estimate of $4,000, or 59% return. \u201cConsumers who have installed landscape lighting gave the project a Joy Score of 10, making it one of only two projects with a 10 Joy Score,\u201d Snowden says. \u201cConsumers say that the most important result from undertaking this project was for the added beauty and aesthetics. In addition, consumers cited undertaking this project to improve livability and to modernize the space.\u201d Following completion of the project, 61% of homeowners said they had a greater desire to be home.<\/p>\n 10. Fire Feature<\/strong><\/p>\n A fire feature includes installation of a dry-stacked natural stone kit with gas burner and a 10-foot-diameter flagstone patio. The estimated cost of $9,000 had an ROI estimate of $5,000, or 56% return. \u201cConsumers have cited taking on this project to add features and livability to their home,\u201d Snowden says, adding that 73% of homeowners reported a greater desire to be home after installing a fire feature and 78% said they had an increased sense of enjoyment when at home.<\/p>\n 11. In-Ground Pool Addition<\/strong><\/p>\n This project included the installation of an 18×36-foot in-ground pool with gunite walls and 3-7-foot depth; a standard filtration system; and a 3-foot-wide concrete perimeter surround. While the estimated cost estimate of $90,000 had an ROI estimate of $50,000, or 56% return, there were other rewards.<\/p>\n The report noted that 89% of homeowners had a greater desire to be home after adding an in-ground pool. \u201cRanked on a scale of one to 10, the report found that consumers rated all 11 outdoor projects highly, with Joy Scores at 9 or above,\u201d Snowden says. \u201cAn in-ground pool ranked among the two highest of all the projects with a Joy Score of 10.\u201d<\/p>\n