WHAT VALUE CAN LAWN ADD TO YOUR PROPERTY
Adding turf to your house might be one of the smartest ways to potentially increase its value, with new data showing turf that a nicely presented lawn could deliver a 34:1 return.
The national survey with Raine & Horne real estate agents revealed a lawn attracts buyers to a house, so much so that 93 per cent would recommend clients improve their lawn before selling a home. The survey showed 40 per cent of agents surveyed believe a nicely presented lawn can boost the value of a home by more than 20 per cent. In fact, almost one quarter (23.3%) said it can add more than 30 per cent value. Based on the Australian median dwelling price, 20 per cent equates to $110,000.
“The market has cooled over the past 15 months and people are nervous about getting a good price for their home. In these uncertain times, anything homeowners can do to get peace of mind by adding value to their home is a win, and first impressions count,” said Peter Diamantidis from Raine & Horne St Marys.
“It’s important to look for improvements you can make to your home that are cost effective and deliver a good return. Adding lawn is a no-brainer, it’s a quick and easy renovation that adds value and most importantly attracts more buyers.
“Too many times I’ve had buyers walk away from a property simply because of a poorly presented front yard and the prospective buyers could not see past it.”
The survey also revealed a lawn was the most popular surface for family buyers (first choice for 63%), over decking (21%), synthetic turf (7%), paving (5%) and concrete (3%). Rugby League personality and Fox Sports Presenter Nathan Hindmarsh and his wife, professional renovator and interior designer, Bonnie Hindmarsh, have recently built their dream home for their family of four boys and two dogs, where lawn is now a key feature.
“Having a nice lawn was important to us for many reasons – it looks gorgeous, it’s the perfect surface for our family and it helped add value to our home,” said Bonnie.
“Renovating a garden with new turf is a simple way to transform the space. And it’s something many of us can do ourselves, which saves money and adds instant appeal to your home.”
Nathan said the new lawn was one of his favourite spaces. “Having four boys, our lawn plays a big part in our everyday life. The boys are always outside mucking around with friends, which is awesome because it keeps them active and outdoors,” said Nathan.
“I spend a lot of time outside working on the lawn, mostly because it’s a great way to escape the craziness of our family! My mates are sick of hearing me rave about my turf – not that I’m an expert but I am enjoying learning as I go.”
Now is the perfect time to renovate a yard with new turf. For more information on buying, laying and maintaining a lawn visit www.lawnspiration.com.au.