It’s hard to argue with the fact that trees make your property look more beautiful and feel more alive, isn’t it? In addition to giving you fruit and flowers, trees protect you against the scorching sun and strong winds. Do trees increase property value, though?
In this blog post, Clark Tree Experts’ trusted tree service in Gainesville, GA, delves deeper into how trees could increase your property’s value.
Trees Help Boost Real Estate Prices
The simple answer is yes, trees do increase property value. In fact, a survey of the sales of 844 single-family homes in Athens, Georgia, revealed that landscaping with trees contributed to 3.5% to 4.5% increases in the property’s sale price, on average.
Properties with mature trees and attractive landscaping attract more prospective buyers who have no problem paying top dollar. A classic example is an Arborist News study of 4,800 parcels around an 8,300 nature reserve in Riverside County, California’s fast-growing oak woodlands. This study revealed that just a 10% decrease in distance to the nearest oak tree stand resulted in a $4 million increase in total home value (and a $16 million increase in land value in the community).
Healthy, beautiful trees on or near your property can positively impact its value. Tree cover also increases the fair value of a property in residential areas by about 7% (18% for building lots).
Homes With Trees Are More Energy Efficient
Energy-efficient homes are increasingly in demand and fetch a higher resale value. They’re also a favorite for eco-conscious buyers, but what have trees got to do with energy efficiency?
Well, trees play an integral role in our efforts to conserve the environment, and this includes energy conservation. If you live in a hot region, trees can reduce your home’s energy output. The U.S. Department of Agriculture points out that a healthy shade tree is as effective as ten room-sized air conditioners operating 20 hours per day.
You may reap immense savings from this change. For example, according to a study by the Center for Urban Forest Research, planting just one tree on the west side of your home can reduce your energy bills by 3% in five years’ time and by 12% after the 15th year.
Here’s another way to improve your home’s energy efficiency: simply position any new trees carefully. This simple step saves you a lot of energy consumption. However, it also increases the potential property value if you decide to sell your home.
Trees Improve Comfort and Security
Do trees increase property value? The answer seems obvious for trees that add beauty and tranquility to a home, business environment, or recreational space.
Trees protect us against noise, rain, and other unpleasant elements, too. In fact, according to a study by North Carolina University, a well-positioned tree can block noise by up to 40%.
Insecurity can cause prospective buyers to avoid purchasing a property, and well-established, healthy backyard trees add much to help you solve this problem. Tony Hiss, in his book The Experience of Place, also points out that residents surrounded by trees have a stronger sense of community, healthier relationships with their neighbors, and fewer domestic violence cases. So, why wait to consult a certified arborist or Arbor Day Foundation to determine the most valuable tree species to plant on your property?
Contact Your Local Tree Experts for Assistance
Do trees increase property value? Yes, they do. If you need help with tree care in Gainesville, GA, Clark Tree Experts is your go-to local arborist for the following and more:
- Tree trimming & pruning
- Tree removal
- Stump grinding