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August 25, 2006, Newsletter Issue #103: Budget Landscaping
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Tip of the Week
Recent studies of real estate transactions show that a well maintained landscape adds significantly to the resale value of the home. The value added ranged from $2,000 to over $15,000 for the typical, 4-bedroom, 2-bath home.
The average annual expense for an established 5,000 square foot lawn is approximately $100. Assume that youŽd lived in the home for 5 years and restored a neglected lawn through normal maintenance, and do the math to determine the rate of return on your investment.
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