Over time, almost all houses appreciate in value, meaning that over the years, your home will be worth more than what you originally paid for it. There are also things you can do to increase the value of your home. Some of the most common ways homeowners increase the value of their homes include upgrading the kitchen and bathroom with high-demand finishes, finishing a basement or attic (making it into a livable space), and opening up the floor plan. Even simple things like switching from carpet to hardwood floors and upgrading countertops can increase the value of a home, but oftentimes, people forget that the outside of the home is just as important as the inside.
Without further ado, here are some ways that you can spruce up your landscape.
Add Flowers and Plants
Planting flowers and other plants around your home is a simple, yet great way to improve the outside appearance of your home. Choose any type of flower or plant that complements your home, but is also easy to keep up with. If you already have plants in your front or back yards, add a natural stone bed border around the plants to give your lawn a cleaner look. You can also plant a flower bed around your mailbox and/or other trees in your yard. You can even plant more trees in your yard— ornamental trees are colorful and provide a bright focal point to your yard.
Install Lighting and Other Features
Lights, lanterns, and faux rocks with lights in them are a great addition to your flower beds in your yard. Most of these lights are solar-powered, meaning that they’re activated at night when the sun goes down, illuminating your walkway. Stones are another aesthetically pleasing addition to yards with short or tall shrubbery. Instead of dirt and mulch surrounding your shrubs, you’ll have white (or whatever color of your choice) stones covering the ground. This is an especially good idea if you live in an area that sees a lot of rain, as the stones will help prevent the ground from becoming too muddy.
Don’t Forget About the Backyard
The backyard of your home is just as important as the front. It’s typically seen as a place for cozy gatherings, so if your backyard is large enough, consider adding a pergola or a covered outdoor sitting area. The flora in the backyard should also complement the flora in the front yard, and you can add some of the same plants and flowers around the pergola. A fire pit is another cozy addition to your backyard, but this shouldn’t be housed in the pergola. You can also add some privacy by planting a buffer of tall shrubs or trees, or you can add a fence.
Do Pools Add Value to a Home?
Overall, in-ground pools do add some value to residential properties, while above-ground pools tend to decrease the value. However, pools only add a small (usually about 7%) amount to your home, so oftentimes, it isn’t worth the money to have them installed. The case may be a little different for rental properties— specifically vacation rentals— because pools are considered a luxury, and travelers looking for temporary living spaces often want luxurious features. If you have a vacation property or are thinking about purchasing a vacation property, adding a backyard pool may be a good way to entice more tenants, including incorporating some of these other landscaping tips.
Though houses can appreciate in value without major renovations and remodels, home improvement projects can be done to further increase their value. Keep in mind that it’s important to focus on both the inside and the outside of your home when making cosmetic changes to improve its appearance. Also remember that some upgrades and additions have the potential to decrease your home’s value, as well as cost more than it’s worth.