Curb appeal is one factor that plays a critical role when it comes to the value of any property. Your house might have the latest appliances and updates, but if it lacks curb appeal it is not likely to be a big hit with potential buyers and they might actually not stick around to view the inside. Fortunately, this does not have to be the case.
Landscaping/hardscaping is one thing that consistently scores high in a property’s Return on Investment (ROI). Regardless of trends, landscape/hardscape design is timeless and isn’t dependent on personal style like interior design. Investing in landscaping/hardscaping can add up to 15 percent to the value of your property with the average return being anywhere between 100 to 200 percent.
One of the landscaping/hardscaping elements that have the potential to really increase the value of your property is a retaining wall.
What is a Retaining Wall?
A retaining wall is a protective structure of sorts that are built to hold the soil that’s behind it. Retaining walls are of 6 different types:
- Brick Masonry Retaining Walls
- Gravity Walls
- Stone Walls
- Reinforced Soil Walls
- Brick Walls
- Hybrid Walls
Among all these types of retaining walls, concrete is one of the materials we recommend most for modern homes in mild climate areas.
How Does a Retaining Wall Increase the Value of a Property?
Retaining walls add to a property’s value in the following ways:
Defining Your Space
Homeowners love the idea of having a massive backyard, but if it is lacking in proper definition and landscaping/hardscaping, it is likely to appear bare and boring, which can negatively affect the entire property’s curb appeal, which is not good for its value.
Trees and shrubbery can be used to define spaces, but they grow very slowly. If you are not ready to wait for them to grow, then a retaining wall can be a great alternative. You can use retaining walls to frame the landscape and add texture to your property.
Preventing Property Damage
Flooding has the potential to cause serious damage to your property. If you have a protective structure such as a retaining wall, for instance, can give you peace of mind should any disastrous flooding and the inevitable erosion occur.
By ensuring that drainage on your property is properly channeled, a retaining wall adds value to your property. Repairing a property is more expensive than building a retaining wall. Repair costs may be as high as several thousand dollars depending on the kind of damage.
Boosting the Property’s Aesthetic Appeal
Curb appeal is closely linked to the aesthetic appeal of a property. Retaining walls can help boost your property’s curb appeal because of its versatility. The options for materials are numerous including stone, interlocking blocks, concrete, boulders, gabion, and brick, among many others.
Besides the materials, you can also work with a professional landscaping service to determine the shape, size, and placement of the retaining walls throughout the property. You can use them as the focal point of your landscape/hardscape and easily design other features around the retaining wall.
Provides a Solid Boundary Marker
A clear boundary between your property and that of your neighbor is sometimes necessary. Unfortunately, a simple fence is almost always not enough. Perhaps your neighbor is encroaching in your yard or perhaps people are climbing your fence to pass through.
Whatever the case, a retaining wall can be a clear and solid property boundary to discourage people from taking advantage of your property and is something that potential buyers are likely to appreciate too.
Want to Build Retaining Walls on Your Property to Increase Its Value? Call Us Now
If you would like to increase your property’s value, you should consider investing in a protective structure such as a retaining wall.
A retaining wall is a simple, beautiful, and durable solution to your landscaping/hardscaping problems, whether you are looking to make an attractive addition to your property to increase its resale value or you want to hold back some water or earth and want an appealing option.
If you want to improve the appearance and value of your property while improving your environment too, you should choose green materials. It can also be a good idea to work with a professional such as Greenville Landscaping to ensure the quality of materials used in its construction.