There are many home improvements available to invest in to increase the value of a homeowner’s property. But, how do you choose the right investment? Should it be a new addition to the house, an upgrade in appliances, or a remodeling of a certain room? Unfortunately, many of these types of improvements cost more cash than a homeowner has available. So how can a homeowner increase their property value without breaking the piggy bank?
Simple, it’s in the trees. Unlike most purchases, trees do not depreciate in value as soon as they are bought. They only continue to appreciate in value as they mature. The rise in curb appeal from the tree’s presence raises the property’s resale and rental value. The United States Forest Service states that property value can be increased as much as 10% with the addition of trees.
Below are 3 tips to follow for the proper growth of your trees to ensure growth of property value:
1. Pick the right type of tree for you. Always consider the type of tree before planting. Find a species that fits your home’s environment, soil type, level of time to devote to its care, and the level of maintenance you are willing to give to the tree.
2. Plant in the proper location. Trees grow, and though that leafy twig may not seem like much now, after a few years it can transform itself into a mammoth monster of a tree. That is why it is important to plan out where to plant new trees. They should be kept a sufficient distance away from power lines and foundation structures to avoid damage from falling limbs and growing roots.
3. Mulching makes a difference. Always mulch around your trees in early spring. It not only looks nice, but a mere 2 to 3 inches of mulch helps the tree retain moisture, absorb organic matter added to the soil, and protects the tree’s trunk.
Although many species of trees planted in Ohio are very hearty, to truly receive the increased property value from a tree’s presence, the homeowner will need to also maintain the tree and take measures to fit the tree into the home’s total landscape to have full appreciation. If you need assistance in caring for your trees, please feel free to give GP Tree Service a call. Let our tree care experts help you grow your investment today!