You already know that landscaping can add enormous value to your home. In fact, these days, most homeowners are looking for properties that have great outdoor living spaces and a finished outdoor area can be a main selling point.
While you know that you want to add landscaping that will increase your enjoyment of your property and add value to your home, you might still have questions about how much to spend. Determining a budget for landscaping is important when it comes to getting the entire process started.
Here are a few things to keep in mind as you come up with a landscaping design budget that is right for you.
Understanding the cost of landscaping typically boils down to looking at value. When you make meaningful changes to your outdoor space, you significantly enhance its enjoyability and functionality…and that’s valuable.
In terms of putting a number to that value, it’s commonly said that homeowners should plan to spend around 10 percent of the home’s total value on the landscaping. This is some food for thought as you consider how to determine a landscape budget.
Some homeowners who really value their outdoor space in Bozeman, MT actually end up spending quite a bit more than 10 percent of their home’s value on their outdoor spaces. They want to spend as much time outside as possible and need the right space for it.
You have to remember that landscaping provides both “ROI” and “ROE.” That’s Return On Investment and Return On Enjoyment. ROI is about how much money you might get back on that investment. But perhaps ROE is really the more important consideration. After all, we only live once and it’s important to enjoy the time that we have.
This should all factor into the consideration of how much “value” your outdoor space will provide.
Another consideration as you plan for your landscape budget is that there is a reason why some landscaping companies charge more than others.
For one, some landscaping companies are more committed to using higher-quality products, like natural stone, in your design. There are definitely ways to skimp on materials but as with most things in life, you tend to get what you pay for.
Even the quality of the services provided by the landscaping company can differ. You want to work with a company that is using the highest quality equipment and the best-trained people, but you’re going to pay a little more for that.
A landscape company that charges less is likely paying their people less. But that’s because they might be employing inexperienced or entry-level workers to perform their labor. Unfortunately, that may be doing a great disservice to the homeowner as the level of experience is directly linked to the results.
A lot of people don’t stop to think about the complexity that is involved in landscaping. Understanding the landscapes varying needs can require great knowledge.
Finally, we want to mention how important it is that everything with your project is done correctly the first time and that you are happy with the results. Sometimes, when you skimp on budget, you end up dissatisfied or with problems to deal with and that might mean a lot of hassles and headaches.
The best landscapes are achieved by investing in skilled and professional landscape design at a design/build firm that can then take that plan right into construction and see it through to completion.
We understand that coming up with a landscape budget can feel daunting. Often, when we ask folks what they plan to spend on their outdoor living area, they respond with, How much will it cost?
It always helps for us to have a starting point (or even a range) that you’re considering as it will help make important decisions. Sometimes there are also ways to bring the cost down such as phasing a landscape project over time.
There might be a lot of different elements and features that you want included but you can’t afford to do them all at once. Phasing helps to solve this.
No matter what the case, we can help guide you toward the right decisions for your property so that you can come up with a landscape design that’s best for you (and your budget).