Posted on June 1st, 2017
Have you ever looked at a home and stood in awe of a large, beautiful tree in the front yard? As you tell yourself how great it looks, realtors will be marking up the price of this property. Having the right trees put in the right places can significantly increase the value of the property where it resides.
How Much Does the Value Rise?
Having well-groomed trees, plants, and landscaping can increase property value up to 15 percent. While this is great for residential properties, businesses can also benefit from an abundance of greenery. Streets filled with trees will usually cause drivers to slow down to take a better look at the businesses in the area. These businesses will attract more customers, apartments will rent at a faster rate, and those tenants will stay for longer periods of time. More green will equate to more green in your pocket.
The “Portland Tree” Study
In Portland, Oregon, trees that were grown in the front yard of homes added roughly $9,000 in additional property value. Sellers would receive an increased sale price as well as selling the house two days faster than the average. Trees along local roads were also a factor in increasing the value of local homes. The city of Portland experienced an increase of $45 million in total property value due to the trees on properties, throughout neighborhoods, and on local streets.
Helping Your Home
Smaller trees can break during high wind storms, however, larger trees can do a great job at blocking the wind. Having a large tree next to your home can block incoming wind and cut the speeds down by half by the time the wind touches the house. Large trees can also provide natural shade which can equate to energy savings due to your home not heating up as much during the warm weather months.
The simple addition of a tree (or a few) can significantly increase the property value of your home or business.
Turf Unlimited is a full-service lawn care provider, offering a wide variety of lawn care, fertilization, and pest and weed control services to the Massachusetts or New Hampshire area. For more information about our services call 888-649-9919 and schedule your free, in-home estimate today.
