Landscaping Improvement Projects That Offer the Best and Worst Returns on Investment
1. Adding a deck or patio: Good ROI Spending time outside with friends and family is much more convenient if you have a deck or patio. “Patios or decks can provide a gathering place for outdoor entertaining and increase the value of your home,” says Martin Boonzaayer , CEO of the Trusted Home Buyer in Phoenix. Homeowners who decide to make the investment can expect to recoup about 65% of their investment, Boonzaayer says. How much should you budget? According to Remodeling Magazine’s Cost Vs. Value Report , homeowners can expect to spend about $16,000 on a 16-by-20-foot wood deck with pressure-treated planks. A composite deck is more expensive, but the ROI is comparable. 2. Installing a sprinkler system: Good ROI A dry, brown lawn is quite an eyesore. Installing a sprinkler system is a great investment that prevents unsightly patches and delivers a killer ROI. “A sprinkler system can help keep your lawn and plants healthy and looking great,” says Boonzaaye...