Landscaping: Return on Investment

Landscaping projects can run anywhere from a few hundred dollars for a DIY upgrade to a mid-range $5,000 on up to over $100,000. When you are considering a project, remember to add landscaping to a new build is always easier and less expensive, and the cost can usually be included in the original mortgage. Overhauling existing landscaping can be more complicated, especially if you have to remove large trees or other established vegetation.

Investing in professional landscaping will greatly add to the value of your home. A general rule of thumb is to spend 10% of your home’s value on landscaping. So, if you have a $400,000 house then a landscaping budget of $40,000 is appropriate.

Factors that Impact Landscaping Costs:

  • The size of your yard
  • The features you desire (i.e. patio, outdoor kitchen, pool, etc.)
  • The materials and plants you select
  • Where materials are sourced from
  • Your location
  • Local labor costs

Working with a professional landscaping company will help you understand what is possible within your budget. For example, a designer can show you three fireplaces at different price points – an affordable prefabricated model, a mid-range customizable kit and a high-end original design. Being upfront about what you want to spend will help your designer suggest features and materials in your cost range. Weigh your options and make your decision based on budget and quality. The best way to determine the overall cost of your landscaping budget is to have a local professional come to your property and give you an estimate. Consider getting multiple estimates to ensure that you pay a fair amount.