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    How Updating Your Lawn Can Improve the Value of Your Property

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    To gain an edge in today’s competitive real estate market, it’s important to find an easy and cost-effective way to add value to your property.

    While the focus has typically tended to be on indoor repairs or renovations, there’s another option that has the potential to give a significant boost to your property’s value and that’s by updating your lawn. From enabling your home to stand out from the pack to providing a functional outdoor space, updating your lawn has a number of practical benefits.

    Here at Hi Quality Turf, we’re all about ensuring our customer’s lawns are looking great and contributing to the overall value of their property. We’ve put together this blog to go through the many benefits updating your lawn provides, and how it can boost the overall value of your property.

     

    Stand-out From the Pack

    When looking at comparable properties in the same area, often one looks just like the next. Sometimes there’s one with an untamed lawn, which is an instant red flag, indicating that the home isn’t being well taken care of.

    In order to have a valid point of difference and stand out from the pack, it’s imperative that your lawn not only looks at least as nice as the neighbouring homes but is looking healthy, bright and well-maintained.

    Having a well-kept lawn has the potential to attract more potential buyers. The more buyers that are interested, the more competition it creates, and ultimately the more property can sell for.

     

    First Impressions Count

    When a potential buyer drives past your home or is deciding which property is worthwhile going for an inspection, your front lawn is the first thing they see. A good-looking lawn forms an integral part of what they call curb appeal.

    If your lawn is looking shabby and is not well kept, this is an instant turnoff to buyers, and they may simply go elsewhere.

    In order to make sure you create a great initial lasting impression, it’s imperative your lawn is well-kept. This will ensure your property is appealing to a large cross-section of people giving you a larger potential buyer base.

     

    Return On Investment

    One of the cheapest, quickest and easiest ways to add value to your property is by simply laying a new lawn. Whether you need to replace a portion or lay down a whole new turf, when your factor in the return on investment you’re likely to get on sale, lawn maintenance is wholly worth your while.

    Turf is relatively inexpensive with a set low price per m2. You can do any initial or ongoing maintenance work yourself or any associated labour costs are not overly expensive.

    When it comes to property prices, a recent survey of real estate agents found that a nicely presented lawn can boost your home’s value by up to 20 per cent. For a median property price of $500,000, this represents an increase in value of approx. $100,000

     

    Functional Outdoor Space

    A lawn generally provides a place of relaxation for adults and a playground for children. Whether it’s your front or back lawn, a well-maintained lawn provides a functional outdoor space for a number of activities to enjoy.

    Kids need a space to run around and enjoy the outdoors, pets need somewhere away from indoors to explore and play, and even an outdoor space is needed to dry clothes. If your lawn has not been maintained, it doesn’t provide a safe, practical environment for any of these activities to occur.

    Functional well-maintained outdoor living spaces are desirable for homebuyers, especially those in warmer climates, so having your lawn looking its best will be highly attractive for those looking to make the most out of outdoor activities.

     

    Avoid Synthetic

    While synthetic grass may be appropriate in certain limited circumstances such as if irrigation can’t occur or if nothing will grow in a particular area, when it comes to property value, synthetic grass should be avoided.

    By far a large majority of people prefer real turf over synthetic, they want an area where children can play comfortably and have that natural look that can’t be easily matched. Synthetic grass will only cut you off from a large slice of prospective buyers and actually costs a lot of money to get rid of.

    To appeal to the largest segment of prospective buyers, steer clear of the fake stuff and always go for real turf.

    When you’re looking to add value to your home, it’s important to look for improvements that appeal to a large cross-section of people, are cost-effective and deliver a good return on investment.

    One such improvement that ticks all the right boxes is a well-maintained lawn. A pristine-looking lawn provides functional outdoor space, makes your home stand out from the rest, and will leave a lasting impression on anyone who sees it, all highly valued characteristics for any prospective home buyer.

    Factoring the likely return on investment updating your lawn will get you, this improvement will significantly boost your property value for years to come.

    We hope this blog has been informative and has given you a greater understanding of the many benefits a well-maintained lawn can provide your property. If you’re after any lawn rejuvenation or maintenance advice, or any other matters turf related, look no further than us here at Hi Quality Turf. We’ve been looking after our customers for over 45 years and with our very own turf farm, we can cover all your needs from seedling all the way through to ongoing turf maintenance.

    For any of your Lawn needs, why not contact us today?

     

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