How Trees Add Value
When it comes to landscaping, money really does grow on trees.
By adding trees to your property and improving the landscaping, Money Magazine estimates you will get a 200% return on your investment. Upgraded kitchens and bathrooms average a recovery value of 125%.
Here’s how else trees can add value.
- Mature trees can be valued at between $1000 and $10,000 according to the Council of Tree and Landscape appraisers. If you plant trees now, you can enjoy the benefits of shade and beauty until it is time to sell.
- According to the U.S. Forest Service, mature trees can increase property value by 20%.
- Trees improve health, lower anxiety, produce more sociable neighborhoods, and aesthetically add more interest to your landscape.
- Shade means energy savings on cooling your house. The American Power Association estimates shade trees can reduce cooling costs by as much as 50% a year. They also keep temperatures lower by an average 12 degrees compared to non-shaded areas. On sweltering Virginia summer days, that can be a huge relief.
- Trees planted on the north and northwest sides of your property create a barrier against cold winter winds which can reduce heating costs by up to 30% each year.
- Evergreen trees improve your home’s privacy, which is a positive selling point as well.
- One mature canopy tree absorbs enough carbon and releases enough oxygen to sustain two humans.
So take a stroll around your yard and find the perfect spot for a tree. Then spend your summer months selecting just the right variety. Autumn is the right time to plant, so by November, you’ll have the spot and tree picked out and ready to buy and plant.
Note: Mutual Assurance Society will evaluate a tree’s safety during inspection. If large limbs or trees are considered threats to a property, Mutual Assurance may require their removal. If you are in doubt, consult an arborist on the placement of a tree to make sure it will pose little to no threats to your home from seedling to maturity.