Somehow I managed to have an informercial on the television for a gadget called the Worx GT. It's supposed to be some sort of super duper, 100% everything you'll ever need lawn care tool.
But the part of the infomercial that caught my ear was the comment made by the 'everyday user' of this superb piece of ...... whatever.
"We have real estate appraisers that tell us that a finely manicured lawn will add 10% to 15% to the value of a home."
Now I know ... nice lawns and landscaping certainly enhance curb appeal. That's a given. And that curb appeal can certainly translate into an increased level of interest in a property. But I'm not so sure I agree that it will add 10-15% in value during an appraisal.
OK all you appraisers out there .... what's the skinny? Do you tell your clients that if they mow the grass and plant some shrubs their property value will increase 10% - 15%?
Initial appraisal: $250,000
Appraisal after using Worx GT: $275,000 (minimum)
If this were true do you think there would be a garden center ANYwhere that would have one single little seed left in it?