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Landscaping
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If you are one of those property owners who has been putting
off making landscape improvements because you think its
too expensive, think again. Landscape improvement projects
do not necessarily require overwhelming financial or time
commitments. Studies show people prefer to shop and live in
areas with attractive landscaping, so the return on your investment
easily makes it worth your time and money.
Craig Suhrbier, 2001 President of the Institute of Real Estate
Management feels strongly that landscaping is what separates
premiere properties from run-of-the-mill developments.
This is especially true for apartments and office space
as well as retail shopping centers," Suhrbier said. The
dollars sacrificed for an attractive landscape design and
property maintenance are more than made up in rents. Attractive,
well-landscaped properties draw quality tenants and
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| The San Diego Hilton Beach and Tennis
Resort goes all out when it comes to landscaping. The
grounds feature palm trees, shrubs, tropical plants, seasonal
and annual color, and extensive bird of paradise. Plants
materials grown by Miramar Wholesale Nurseries. Landscape
construction by TruGreen LandCare. |
therefore can help owners of investment-grade properties
achieve higher occupancy rates and greater returns.
According to Suhrbier, rental rates are directly proportional
to aesthetics the more attractive the property, the
higher the rents can be.
The value of your landscaping is derived from many sources,
the most obvious of which is the flat cost of purchasing the
materials such as trees, shrubs, plants, and hardscaping elements
like arbors, benches, fountains, and sculptures. You
could spend from $500 up to $500,000, said Jon Ewing,
special projects consultant for the southwest region of TruGreen
LandCare. TruGreen is San Diegos and the nations
largest landscape installation/maintenance company.
Every job is different, and it depends on the needs
of the project. But the most simple solution to adding value
to your property without spending a lot of money is to install
seasonal or annual color in focal areas, Ewing said.
For about $1,200 a business can revamp approximately 500
square feet of land such as an entryway to a residential complex
or the focal area of a shopping center. This would cover
minor irrigation modifications, flats of annual or seasonal
color, removal of existing turf or groundcover, and soil preparation,
Ewing said.
In addition, strategically designed landscaping can save
you money by improving air quality, controlling pollution,
and reducing energy consumption. But the psychological effects
of plants are probably the most significant. People just feel
better in pleasant surroundings.
In the book, With People in Mind: Design and Landscape
for Everyday Nature, the psychological relationship between
people and environments is examined in detail. Authors Rachel
Kaplan and Stephen Kaplan, leading researchers in the field
of environmental psychology, along with Robert Ryan, a landscape
architect and urban planner, recommend designing and
managing natural areas in ways that benefit the tranquility,
the reasonableness, and the effectiveness of the people who
come in contact with them.
Like the land itself, landscaping appreciates in value over
time. Although a properly designed landscape may look a little
sparse when first installed, it will fill out and mature to
create the desired effect. Because plants have such a great
impact on human emotions, landscape enhancements are an excellent
tool for promoting your product, service or location on a
subliminal level.
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