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Effect of Trees on Property Value
Effect of Trees on Property Value The value of a tree in your yard can improve your property value more than you may think. The Arbor Day Foundation cites some of the following effects of trees on property values:
The effect of trees on property value. Landscaping can add approximately 10 to 20 percent more value to a property - especially landscaping that incorporates mature trees. Commercial areas with trees also attract more customers (and they stay longer and spend more money), and apartments with trees have reduced tenant turnover. The effect of trees on resale value. A well-chosen tree adds curb appeal and makes the home appear established within its environment. According to the Arbor Day Foundation's research, ô83 percent of realtors believe that mature trees have a 'strong or moderate impact' on the salability of homes listed for under $150,000; on homes over $250,000, this perception increases to 98 percent.ö The effect of trees on energy efficiency. Depending on how your home is sited on your property, trees can provide shade during the heat of summer or protect your home from the winds in winter. This effect of trees can cut cooling and heating costs. According to the ... more
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