Can Trees Increase The Value of Your Property?
Trees can both add value to your property or reduce its value. It is hard to know which unless you are a tree expert or have at least some understanding of the biology of trees. If you are about to sell your property, don’t miss out on gaining some extra value on your sale by ignoring just how valuable or detrimental to the value of your property trees can be.
You will need to hire a trusted arborist to come and give you a full tree report so you can understand how a little investment can add value to your property valuation. The report and any work you have done can be presented within the paperwork used to value your property.
Studies Show That Investing in The Landscape and Trees Around Your House Increases its Value:
If you still have doubts, then read up on this PDF report. It is an interesting study Michigan University studies show that for every $1 you spend on landscaping, you can increase the value of your property by 109%. On top of this, there are further study by a company called PNW Research suggests that just having a tree in front of your house can add over $7,000 to its value.
Getting An Arborist To Help You Increase The Value of Your Property:
To boost the curb appeal, the trees around your property need to maintained and healthy. Not having them properly pruned or cut back will mean more work for the people looking to purchase your property. On top of this, trees planted in the wrong place could, in fact, decrease the value of your house.
The position of the tress could mean that at a later date it will cause issues and will require expenditure whether this is to continually cut back the tree or remove it all together. Roots can cause all kinds of problems with building and garden structures plus they can be a fire hazard if they are too close to the house, other trees, or electric cables.
You will also need to consider trees that are dying or are already dead. Anyone looking to purchase your property with a keen eye for trees will be able to point this out. The tree will either need replacing or removing. The latter will require an arborist to come in and remove the tree, and then there is landscaping on top of this where roots have to be dug up, and the area of land put back to a state that is pleasing on the eye.
For more information, Canopy Tree Services Sydney has a very good website with a wealth of information on services offered by arborists that can help you understand how trees on your property are either adding value, can add value or pose the risk of expenditure later down the line.
I Do Not Plan To Sell My House Any Time Soon:
Even if you are not looking to sell your property, it is still a good idea to hire an arborist. Most people do not even realise just how much of a goldmine they are sitting on. Knowing your house is worth more in case you do eventually want to sell is a massive plus for anyone’s peace of mind.
Furthermore, you may not realise that some of the trees on your property are completely the opposite. There could be huge expenses that will hit you in the future growing day by day because you do not realise that you are ignoring your trees, their positioning, and the way in which they are growing.
Lastly, you should take a good look at the trees you have on your property right now. Do they look healthy? There could be a tree that is dying, and maybe you just think this is nature having its way. However, sometimes it is not too late. By hiring an arborist, you could save the tree if it is worth saving, which in turn would help to hold the value of your property and save you the huge expense of having to remove it at a later date.
Hopefully, this has given all you homeowners and those of you that own commercial property some good insights into just how important trees are to the valuation of your property and the expenses that are associated with maintaining your property. Also, please visit the research websites and the Canopy Trees site for further research. You will definitely not regret it and have yet another skill in your toolbox when it comes to looking for ways to add value to your property or save your future expenses.
This guide is also very good for those of you looking to purchase a new property. The trees on the new property are something that you should look at. By knowing what you are talking about, you may be able to reduce the overall price or get the current owners to get some much-needed work done to the trees before you commit to buying.