One word, says the "American Association of Realtors:" Landscaping. The association estimates that good landscaping can increase a home's sale price by as much as 15%.
We tried to find the source for that statement, contained in a PRWeb release today touting garden fountains as a smart way to gussy up your home-price-enhancing landscape. But we couldn't even find an American Association of Realtors, let alone a report quantifying landscape value. Perhaps they meant the National Association of Realtors? Here's a story on NAR's site that says good landscaping can increase your home's price by 20%. Oh well. This stuff isn't science, but it makes some sense.
Remodeling Online actually does a pretty credible job of trying to assess the cost of home remodeling, versus resale value. The site gets granular and lets you look at home-improvement projects by region. Nothing on fountains or landscaping though.
[Photo: kriptonfountains.com]
Saturday, March 22, 2008
How to sell your house for more
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