REI WEALTH MONTHLY issue 40 | Page 31

GROWING PROPERTY INVESTMENTS WITH PRODUCE LARA HERMANSON
First impressions count and that goes for the look of the property and exterior. If a building is in great shape and well maintained, this obviously brings potential buyers flocking. But if the landscaping is a sight for sore eyes, not only could this deter buyers but the few stragglers still interested need to account that the land will require an overhaul. And that costs cash so the negotiating table will need to account for a drop in sale price, in accommodating the price to renovate the land.
the high cost in maintaining the land may not really bring in the dough come time to sell. Offsetting these prices need to be accounted for before investing in designing an excellent landscape.
There’ s no excuse for a shoddy yard, even if you’ re selling within an industrial park setting: notorious for sparse or unimaginative gardens. Even if the exterior is not something you want to invest in before putting the property on the market, you may change your mind when you see the stats: excellent landscaping can add up to 28 percent ROI and result in a faster sale. According to John Harris, economist at HouseLogic, this fact now opens the door to what is perceived as‘ excellent.’ A good landscaper can charge a small fortune to keep up the grounds to excellent levels, so
Or is there an alternative that’ s not only costs 25 percent less to maintain than a traditional gardener, but is more environmentally friendly, reduces your utility bills and gives you a lot more than a few daisies and pretty greenery?