MARKETING
" Landscaping is one of the first impressions a potential tenant has before stepping foot into your facility ."
Mature trees also offer greater environmental and economic benefits - providing more shade , better stormwater runoff reduction , and storing more carbon . Newer multi-family communities tend to have small , young trees . Therefore , older communities with mature trees at already at an advantage , provided regular tree maintenance has been performed . For a tree to reach maturity , it requires year-round maintenance . The cost to maintain these investments far outweighs the cost to replace them .
To maintain one 2 " – 6 " diameter tree with a height of 15 to 20 feet is approximately $ 84.50 annually . This cost includes fertilization , general insect control , a day of pruning , an IPS beetle application for the Spruce and Pine trees , pest and insect control , and soil injections , which help to protect the tree by delivering nutrients lacking in the soil . If proper maintenance is not conducted annually , trees are susceptible to disease and infestation , which can lead to death . If a 2.5 " diameter tree must be removed or replaced , the average cost for the new tree is approximately $ 1,206.50 .
Aside from tree maintenance , multi-family property owners should consider investing in an updated irrigation system . Irrigation systems have progressed extensively in the last couple decades . The systems are now equipped with smart water
28 | TRENDS JULY 2023 www . aamdhq . org