Have you ever thought about adding a landscaping project to your lawn? Maybe you want to add something small and relatively simple, like a flower garden. Maybe you want a full-on greenhouse, or a new duck pond. How about a birdbath and some bird feeders for those chirpy finches and blue jays who use your lawn as a hangout spot?
Whether you’re looking to add an in-ground pool, a new deck, patio, walkway, outdoor kitchen, gazebo, or any other kind of landscaping project you can imagine, there are a few things you need to know.
Firstly, assuming you’re going to hire some help rather than complete the project yourself, you’ll need to keep an eye on the financial side of things. A project billed by the hour can quickly spiral into huge costs you never necessarily planned for in your original budget. Running into such costs can leave you choosing between financial solidarity or having a half-finished project in your yard, which is never a choice anybody should have to make.
In addition to this, there are some other much more surprising hidden costs that might actually work in your favor if you play your cards right. In order to help you better understand what you’re getting yourself into when you begin a landscaping project and how to keep your budget in check, let’s take a deeper look at some of the hidden costs of landscaping.
No matter what kind of project you’re involved in, it’s always a good idea to search for hidden costs, potential savings, tips, tricks, and other business advice pertaining to your project. When it comes to landscaping, excavation is one of those potential hidden costs. Almost every type of project requires it, and it could cost you more than usual if you live on a slope, for instance.
- Retaining Walls
Oftentimes, necessary excavation will also require one or more retaining walls to be built. The hidden cost comes in when you realize that this is a job only a qualified structural engineer can handle, unless you want to risk severely botching it and costing yourself even more money.
Decking is a very common part of building patios, gazebos, and other similar projects. What most people don’t realize though is that decking can cost you up to a whopping $200 per square meter. If by chance you end up wanting to expand a little further than you had originally intended, the cost can add up extremely quickly.
- Paving Your Driveway
You might have grand ideas for what you want to do with your front yard and your front yard only, but rest assured that your driveway will end up working its way into the mix. The thing about landscaping your front yard is, it will only look as good as the worst part of it, aka your cracked and broken driveway.
Ask around and you’ll find that many a homeowner has been sucked into getting their driveway paved after attempting to landscape in their front yard. Unfortunately, this upgrade can run you upwards of $2500 in most cases, depending on the size of your driveway.
Almost every type of landscaping job will include some fencing. How expensive it is for you will depend on the kind of fencing you have installed. You might normally opt for a regular wooden fence but if there’s a style clash with your project or your yard, you might end up having to go with some a bit more expensive. A high-quality fence like one made from sandstone and timber, for instance, might cost you as much as $1200.
- Higher Resale Value
This one is a hidden cost you might not have expected if you went into your landscaping project with the intention of just beautifying your yard or adding a useful addition for you and your family. It comes in the form of a hidden cost for the future owner of your home should you decide to sell it. In this way, you can think of landscaping as kind of an investment that’s going to pay off for you in the future.
Take this quote from wikilawn.com for example;
“Did you know? Investing in landscaping can yield returns ranging from 100 to 1000 percent. Resulting in a 5 to 20 percent increase in home value…”
Do Your Research
The best way to avoid hidden costs you don’t want is to do as much research as possible about your lawn and your landscaping project. Make sure to get exact measurements from the land you’ll be using, and tally up the costs of all your materials. Leave a little bit of room for unexpected additions or expansion just so you won’t be surprised by anything.
Remember that a well-done landscaping project can significantly raise the value of your home when it comes time to sell it. With the right preparation, you can budget for a beautiful landscaping project that increases your home’s resale value without breaking your bank.