Landscaped garden could increase property value by 77%

Landscaping your backyard could increase your property’s value by 77%, according to a new study from Post Office Money.

Landscaping your yard could add more value to your home than a new kitchen, porch, or even an extension, according to the study. The next time you want to add value to your home, consider exterior upgrades such as planting beautiful flower beds, adding a sturdy deck, setting up a patio, or using rooms. of water.

The estimated cost of landscaping the garden will cost the owner £ 2,750, compared to an extension which can cost up to £ 80,000, or even £ 90,000, if you choose a basement conversion.

“Over the past few years, home price growth has slowed, so homeowners have turned to other options to add value to their homes – improvements being an obvious opportunity. Making the right changes to your home can dramatically increase its market value – with garden landscaping coming first for the greatest added value, ”says Chrysanthy Pispinis of Post Office Money.

“However, home improvements aren’t just about making changes that add resale value; 63% of homeowners surveyed did not intend to move. Renovations allow homeowners to create homes that reflect their needs and tastes, with the potential added benefit of adding long-term value. ‘

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After analyzing 2,001 online interviews with UK homeowners, Post Office Money found that 18% of them had landscaped in the past five years. Some 28% of these improvers did so to increase the value of their property, while 59% wanted to enhance the look of their garden, making it a more relaxing place to sit.

But how much do home renovations do really Cost?

These are the estimated costs of home improvements, according to Post Office Money:

Garden landscaping: £ 2,750
Gym: £ 10.00
Extension: £ 80,000
Dressing room: £ 3,400
Jacuzzi / hot tub: £ 6,000
New kitchen: £ 7,500
Pool: £ 30,000
Basement fit-out: £ 90,000
Conservatory: £ 9,000
Driveway: £ 25,000
Shower room: £ 7,500

here are the potential increases in property value with improvements, according to Post Office Money:

Garden landscaping: 77 percent
Gym: 44%
Extension: 37%
Dressing room: 34%
Jacuzzi / whirlpool: 27%
New kitchen: 26%
Pool: 22 percent
Basement conversion: 17%
Conservatory: 10 percent
Driveway: 9 percent
Powder room: 7 percent

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