Whether you’re getting ready to sell your home or settling in for the long haul, you want to make decisions that benefit you.
And some home improvements pay you back way more than others! For every $1 you invest in landscaping, you’ll see a 109 percent return, according to Michigan University.
Make the most of your green investment and learn the best trees to add (or cut down) to increase your property value.
YES! At Davey, we always joke that money really does grow on trees because they save you money in very tangible ways.
A tree in front of a house increases the home’s sales price by an average of $7,130, according to the PNW Research Station.
And if that tree is part of a beautiful, well-kempt landscape, it can increase your home value by 6 to 11 percent, found Michigan University.
Fruit or palm trees don’t add more value to your home than other tree types. Instead, it’s more of a personal preference for the potential homebuyer.
For instance, if someone loves apples, that tree could be the selling point for them. Or, if palms are abundant throughout your area, a palm tree on the property may be a must-have for aesthetics.
To boost your curb appeal, trees should be healthy, maintained, and planted in the right place.
But if your tree poses a risk and could harm your home, removing it could boost your property value.
Here’s how to decide if you need to cut down a tree on your property–or if some TLC will is all it needs!
Actually, there are no specific tree species proven to increase property value. Instead, it’s about planting hardy trees that are disease-resistant and suited for your planting zone.
That way, they’ll be able to grow big and strong, which is the key to trees improving your property value.