How Can I Increase My Home’s Value in Colorado Springs?

According to Money, home prices and mortgage rates will decrease slightly in 2024. The true reality is data across websites like Forbes, Investopedia, and many others is inconclusive for homeowners selling or homeowners hopeful, but there is one cost-effective project you can do before selling your home that’ll put more green in your pocket.

Landscaping.

30% of 1,000 surveyed realtors at Trees state that even simple landscaping can improve your home’s value by 20% or higher. Conversely, 90% of realtors said bad landscaping had the same percentage effect in the complete opposite direction. The study concludes 2 things:

1. Good landscaping has a solid finding in increasing your home’s value
2. Bad landscaping will absolutely destroy your ability to sell your home quickly

Sellers are starting to have less say year over year as mortgage rates go up, and underbidding is becoming more common in 2024. Here are some key findings by Trees:

• 3 in 4 (75%) real estate agents have had buyers refuse to enter a home due to poor landscaping features showcased in the front yard.
• 9 in 10 (90%) realtors say a home staged with plants will sell faster than an equivalent home that is not.
• 1 in 6 (16%) realtors claim that incredible landscaping can increase your home’s value by 30% or more.

Even though remodeling kitchens, bathrooms, and basements can bring even higher returns – they take way too long to coordinate, cost 2-3x as much, and months upon months to finish.

A landscaping project is a better and quicker return on investment and helps get you out of your home lickety-split at the sale price you want or higher.

Improving Your Colorado Home’s Resale Value

Unless your yard is of magnificent size, you can typically get away with some proper topsoil and grass seeding for a couple of thousand dollars, and pure sod installation for under $10k. This option is perfect for homeowners who already have an irrigation system installed.

According to the National Association of Realtors, having a well-maintained lawn was attributable to 74% of a home’s value nationwide. And 92% of realtors first suggest that sellers improve the curb appeal of their home before pushing the home to market.

Installing sod natural grass or artificial turf is a great way to hit that 20% improvement mark, but there are other ways you can go above and beyond to get a 30% or more return on your landscaping investment without breaking the bank.

Xeriscaping

Xeriscaping refers to landscaping practices that reduce or eliminate the need for supplemental water. In Colorado Springs, where water conservation is crucial due to its semi-arid climate and occasional drought conditions, xeriscaping can significantly boost a home’s value. Colorado WaterWise states that a well-made xeriscape yard will increase your property value by as much as 15% when you’re looking to sell.

By incorporating drought-tolerant plants, mulch, rocks, and efficient irrigation systems, xeriscaping reduces water usage and maintenance costs while still enhancing curb appeal. Potential buyers in Colorado Springs are often attracted to homes with xeriscape yards due to their environmental sustainability and lower water bills, which can translate into higher property values.

Hardscaping

Hardscaping involves the use of hard materials like stone, concrete, or brick to create functional and aesthetically pleasing outdoor features. In Colorado Springs, where the rugged beauty of the Rocky Mountains inspires outdoor living, well-designed hardscaping can greatly increase a home’s value. This is a useful project if your front porch can use a little TLC – because the estimated return value is averaged around $6,000.

Elements such as patios, walkways, retaining walls, and fire pits not only enhance the usability of outdoor spaces but also add visual interest and durability to the property. Buyers in this region appreciate hardscaping for its ability to extend living areas outdoors and create inviting spaces for entertainment and relaxation, contributing to higher resale values.

Colorado has people transplanting from all over the nation, and with East-coasters and Midwesterners especially looking to bring some 4th of July fire pit nostalgia to their backyard – it’s important to work with a local landscaper who understands the fire regulation laws of Colorado. Alpine Landscaping is here to bring that magic back home to your backyard safely, whether you’re selling to a newbie transplant who’s looking for a little slice of familiarity or if you just want something incredible all for your own.

Outdoor Kitchens

Outdoor kitchens have become increasingly popular in Colorado Springs, where residents enjoy the region’s mild climate and scenic surroundings of Pikes Peak and Garden of the Gods. According to the Colorado County Broker, installing an outdoor kitchen adds an average of $9,800 to a home’s resale value. By installing features such as built-in grills, countertops, sinks, and storage cabinets, homeowners can create functional and stylish outdoor cooking and dining spaces for themselves or their excited buyers to enjoy.

In a market where outdoor living is highly valued, an outdoor kitchen can set a home apart from the competition and attract buyers seeking to enjoy alfresco dining and entertaining against the incredible backdrop of the Rocky Mountain Range. As a result, homes with well-designed outdoor kitchens often command higher prices and faster sales in Colorado.

Outdoor Lighting

Outdoor lighting serves both practical and aesthetic purposes, particularly in a city like Colorado Springs, where residents appreciate outdoor activities year-round. Well-planned outdoor lighting enhances safety and security by illuminating pathways, entrances, and outdoor living areas. Additionally, strategically placed lighting fixtures can accentuate landscaping features, architectural details, and scenic views, creating a captivating ambiance after dark.

Homes with thoughtfully designed outdoor lighting systems often appeal to buyers seeking to maximize their enjoyment of outdoor spaces during evenings and enhance the overall curb appeal of the property, leading to increased value and marketability in Colorado Springs.

Hiring a Colorado Springs Landscaper

As you navigate the process of selling your home, consider the impact that landscaping can have on its marketability and value. With Alpine Landscaping’s expertise and dedication to creating outdoor spaces that captivate and inspire, you can trust that your home will stand out in Colorado Springs’ competitive real estate market.

Contact us today to explore how we can help you maximize your home’s potential and secure the best possible return on your investment.

Or quick-call now at 719-304-6023 to talk with Sam or Becca about your landscape design project.