We all like to dream big, especially when it comes to our own home and garden. Changing your landscape is one way to introduce more life into a home and, perhaps more importantly, can add value to a property in the long run.
Working alongside a landscape designer and creating a landscaping budget that suits your needs can seem like a daunting task: How much should you be spending? What are the hidden costs? Are there any fees payable to the City?
Setting a landscaping budget doesn’t have to be difficult, especially if you abide by these five tips:
1. Work closely with your designer
Your landscape designer will know what’s best for not only your landscape, but also your budget. They will also be able to talk you through examples of what various budgets can bring to your landscape.
An experienced designer will have been through the landscape design process many times before and have a thorough understanding of the costs involved with construction. Listen to their advice and feedback. Your landscape designer will know ways to reduce costs without abandoning your entire project.
2. Be flexible
In order to construct your dream garden, you will need to be flexible with your landscaping budget. Understanding that some materials cost more than others is part and parcel of landscape design. Leave yourself a buffer incase materials overrun and discuss your thoughts with your designer on a regular basis.
3. Be realistic
When doing the math beforehand, be realistic and forthcoming about what you can afford so that your landscape designer can keep this in mind whilst designing your garden.
As a rough landscaping budget take 10-15% of the value of your home. For example, if your home is worth $750,000 a starting point would be $75,000. A good landscape design can add as much as 28% onto the value of your property, according to House Logic.
If you’d like the fancy aspects of a landscape – a built in BBQ, fire pit, or swimming pool – realise that these items will cost you more. Having a level and realistic idea of what you can afford will put you on good footing when it comes to creating your budget.
4. Think about your Return on Investment (ROI)
Landscaping for many homeowners is about not only creating a new environment to live in, but also adding value to a property.
Think carefully and discuss with your landscape designer whether your budget and plans allow for a positive return on investment. You don’t want to spend money on a project that won’t add financial gain to your home.
5. Be willing to phase your landscape project
If you’re concerned about your budget, your landscape designer will be able to suggest ways of dividing the project into phases if you’re unable to build it all at once.
Stick with the plan that you work out with your landscape designer and do not succumb to a contractor offering to build your dream (often without any plans) for half the price. Your landscape designer will ensure that your priorities, needs, and personality are reflected in your garden.
Interested in setting a landscaping budget with Donohoe Design? Get in contact with us today.