Appraisal Institute Offers Landscaping Tips for Homeowners
CHICAGO, May 27, 2021 / PRNewswire / – The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged homeowners to hire an appraiser to come up with ideas on how to improve the landscaping of their property and potentially increase its sale price.
Well-designed homes are worth between 1% and 10% more than homes without landscaping, according to a report by HomeLight. Landscaping can make a home much more salable and attract potential buyers.
“Just as job seekers shouldn’t appear inappropriately dressed for an interview, salespeople need to ensure that their property is as attractive as possible from the outside,” said the President of the Appraisal Institute Rodman Schley, MAY, SRA. “Well-kept landscaping is particularly attractive to home buyers who are unwilling to invest money to get the property in the desired condition.”
A home with lackluster landscaping, or an exterior in dire need of repainting, is likely to be unattractive to potential buyers and ultimately detract from the home’s potential resale value.
Homeowners considering selling their property should ask themselves:
- Is the landscaping attractive enough to let the potential buyer walk through the front door?
- Could landscaping bring cost savings?
- Overall, is the landscaping for the house energy efficient?
- Are the trees planted a safe distance from the house, and are they healthy and well cared for?
Homeowners can learn more about how landscaping can affect property values by contacting a specific Appraisal Institute Designated Member through the organization’s Find a Appraiser directory.
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The Appraisal Institute is a global professional association of real estate appraisers with nearly 17,000 professionals in nearly 50 countries worldwide. Its mission is to advance professionalism and ethics, global standards, methodologies and practices through the professional development of the real estate economy worldwide. Founded in 1932, the Appraisal Institute promotes equal opportunity and non-discrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals at the Appraisal Institute benefit from a variety of professional education and advocacy programs and can use the prestigious MAI, SRPA, SRA, AI-GRS, and AI-RRS designations. Learn more at www.appraisalinstitute.org.
SOURCE Appraisal Institute