Finding the right mix of landscaping services for your property can be a challenging task. Being the owner of the rental property, you need to strike a balance between your desire for an attractive property and the reasonable investment (both money and effort) to maintain it.
Before you start, pay attention to the three considerations that are relevant for any landscaping rental property project that will help you get the most out of your outdoor space:
1. How much will landscaping increase the value of the property and its monthly rent?
A lot of landlords don’t consider landscaping as an investment. More often, they perceive landscaping a necessary nuisance. They want sufficient curb appeal to keep the rental value as high as possible but they also want to keep their expenses as low as possible.
Long-term investment in a few key improvements with low-maintenance landscaping will keep your replacement costs low and make your rental property more attractive to tenants who will pay more to rent a well-paved home.
The majority of tenants expect the property to be both attractive and functional. If you have a rental property in a high-end community, client’s expectations will increase along with the monthly rent you can charge. But, like interior improvements and renovations, you don’t want to excessively-renovate your rental property landscaping — be sure to take into account your rental competitive advantage and return on investment.
2. How can you optimize your tenants’ space?
Having tenant-friendly landscaping in mind is crucial to attracting high-quality residents to your rental property. If you allow pets, make sure that your outdoor space is pet-friendly (e.g. by including a durable fence and a grass area) and won’t be easily ruined by a tenant’s pet.
When you rent to multiple renters or a family, a garden, grilling area or other shared space would certainly bring value and appeal to your rental property for their recreation. Creating an outdoor common space may take a bit of an upfront investment, but many outdoor spaces are easy to maintain and increase the value of your property.
3. Who is responsible for yard maintenance, and is that responsibility defined in the lease?
Many cities have lawn length ordinances, leaves and litter clean-up and snow removal regulations. Most homeowners’ associations often have bylaws detailing requirements for any changes to the landscaping as well as standards for routine maintenance.
If the landscaping of your rental property includes specialty plants that require extra care, or lawns that need to be mowed like clockwork every five days, you’ll want to clarify that clearly in the lease. Having landscaping and yard maintenance expectations outlined in the lease will help you avoid potential conflicts with your tenants over maintenance issues. If you are offering a landscaping service, you may wish to include that in the rent price of the property.
The right landscaping for your rental property can increase your property value and allow you to raise your rent. It takes professional landscapers to really put together a good landscape design. To get one, you can always contact 365 Landscaping Services Division for a great landscaping job.
If you need landscaping, softscaping, or custom carpentry, contact the 365 Landscaping team at https://365servicesgroup.com.au/landscaping/.