Can a Tree help you sell your Plano Home?

Can a Tree help you sell your Plano home?  Believe it or not, yes. The American Nursery & Landscape Association says that improved landscape quality and tree coverage has a positive impact on the price of single-family homes.  They say that approximately 30 percent of the increase in sale value was accounted for by added tree coverage.  They go on to say that for each $1.00 invested in upgrading an average landscape returns $1.35 in added property value.  While most homeowners know that landscape is a big draw for buyers, they usually don’t know how much and what kinds of landscaping that have the biggest positive impact their property value.

General tree cover adds between 2 percent and 9% to the value of existing homes and 7% for new homes.  Just a single good size tree can add up to 2% to the home’s value.  Hedges, dense vegetation, retaining walls and landscaped curbs can each add 2 to 4% percent to the value of a home.  If your home has more trees than the nearby homes, the value rises by approximately 7%.  The perceived value of a home may increase by 5 to 11% with sophisticated landscaping which incorporates large plants, evergreens, annual color, deciduous plants and colored hardscapes.  Improvement in landscaping from average quality to excellent quality increases the value of a home by 10.8%, with approximately 30 percent of the increase in value appropriated to the addition of trees.

There are additional actual and perceived benefits to upgraded landscaping.  Improved landscaping provides a positive and relaxing quality for the homeowner and the people in the community.  Upgraded landscaping can help with lower utility costs.  Tree cover is important to because they provide shade from the summer sun and shelter from the cold winter wind, reducing heating and cooling costs.   It is clear that the Plano real estate owner can benefit in a multitude of ways by improving, upgrading and adding to their existing landscaping.

Harry Ridge, Plano Real Estate Broker for VIP Realty Platinum