New research suggests that homes which have landscaped gardens are now seeing the most interest from buyers. It also raises property values by 77%.
The new study was conducted by Post Office Money. It showed that there is more of a focus on gardens compared to other home improvements such as kitchens, extensions or conservatories.
It was found the average cost of a landscaped garden came to £2,750. This figure is based on a median asking price of £286k for a 3-bed semi in the UK.
Adding a gym was the next biggest price earner at 44%. Then an extension at 37% and walk in wardrobe at 34%.
28% of respondents admitted that “adding value” and “a good investment” were their main motivators for carrying out improvements to their homes.
What the expert says…
Post Office Money’s Chrysanthy Pispinis said: “Over the past few years, house price growth has slowed, so homeowners have turned to other options to add value to their homes – with improvements being a clear opportunity.
“Making the right changes to your home can increase its market value significantly – with garden landscaping coming out on top for the most value added.
“However, home improvements are not all about making changes which add value for re-sale; 63% of the homeowners we polled had no plans to move. Renovations allow homeowners to create homes that reflect their needs and tastes, with the potential added benefit of adding value in the long-term.”
How this benefits Landscape Architects
The environment is a huge concern for us and with the growing interest in gardens and green environments these elements go hand in hand. Coupled now with the release of this new research, it is clear that there has never been a better time to be a Landscape Architect.
Whether it’s parks, gardens and housing estates to city centre design, sporting sites and motorway construction the Landscape Architect is spoilt for choice to stretch their creative and analytical muscles.
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