Are you ready to make an investment in your landscape but wondering how much you should budget? It depends on a few things. 1. What do you want to add or change about your landscape? 2. How much longer do you plan to live in your current residence? 3. What have you budgeted already?
1. What Do You Want To Change About Your Landscape?
Knowing what you want to change about your landscape is a great place to start. Do you want to add bushes, change your garden around, add a pool, add a putting green, firepit, deck, or patio? Do you want to improve your curb appeal to match the rest of the neighborhood or get your property ready to sell. You don’t have to know exactly what you want it to look like because our design team can help you create the landscape design of your dreams or improve your curb appeal to sell your home.
2. How Much Longer Do You Plan To Stay In Your Home?
Are you in your forever home or are you planning to move in the next 3 years? If you are planning to move soon, it is advisable to spend 7-10% of the value of your property on your landscape because it will raise the value of your property by up to that much. You can spend way more than 10% if you want to achieve a certain aesthetic or add a pool to your backyard, just know that you are unlikely to see the returns on the sale of your property. If you plan to stay in your home for 10 or more years, there is a good chance that you will see that investment come back to you in the sale of your home and then some due to the rising costs of homes.
3. What Is Your Budget?
Have you already set aside a budget for your landscape project? That’s great! Depending on what you want to do, you may need to invest more or might be able to invest less than what you have saved, but it is always great to have a contingency budget in case you fall in love with a more expensive stone or want to increase the side of your pool by 100sqft. If you have no idea how much to budget for your project, we can help! Our team can provide you with several price points using different materials or arrangements for your landscape to help you decide what to budget for your project. A good place to start is 7-10% of the price of your home and if you are planning on staying in your home for a long time, a home equity loan can be a great option, especially because your landscape can build great equity in your home.
Let’s Get Started
Ready to get a quote? Let’s talk! It’s okay if you don’t know all the specifics of your project yet, we can help you determine what you want to do, give you an estimated budget and assist with financing options as well as develop the final plan for your project.
