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The Value Of A Tree
Your home’s landscaping is one of its most valuable assets. Knowing that, your next home improvement project may be as simple as planting a tree. At some point, you’ve probably noticed that a common characteristic of older, wealthy neighborhoods are big, mature trees –old trees, even. The value of a tree in your yard will increase as it grows.
If you plan to be in your current home a few more years, plant a tree of substantial size – one in the 8 to 10 foot range. Typically, a tree this size may cost somewhere in the ballpark of $200 to $350 range, depending on the type of tree. The more sought after species, like Japanese Maples, may cost more, but the value of these will also increase more as they mature.
A well-chosen tree adds curb appeal and makes a home appear established within its environment. According to Arbor Day Foundation’s research, 83% of Realtors believe that mature trees have a ‘strong or moderate impact’ on the saleability of homes listed under $150,000; on homes over $250,000, this perception increases to 98%.
If you’re not convinced yet of the value of trees in your yard, consider this: trees do more than provide decoration. They can aid with energy efficiency by providing shade and reducing air conditioning costs, a properly-sited tree can screen a home from a busy home or a nosy neighbor, they can create an extension of your home and provide visual impacts, and most importantly, they are good for the planet.
Spend some time evaluating your yard’s needs, determine the most suitable location for a tree and then determine what size and kind of tree you’re interested in planting. A small investment today will benefit you and your home as the years pass.
Images courtesy of Houselogic and Houzz
Top 1% of Texas Real Estate Teams; McSam Realtor of the Year, 2016; Certified Residential Specialist, CRS D Best Realtor, 2016, 2017 Castle Hills Realtor Advisory Board, 2016; Windsong Ranch Real....