CHICAGO, May 15, 2018 /PRNewswire-USNewswire/ -- The Appraisal Institute, the nation's largest professional association of real estate appraisers, today encouraged homeowners to pay close attention to their property's landscaping as it could have a major impact on value.
"Don't underestimate curb appeal. A home with lackluster landscaping or an exterior in desperate need of a fresh coat of paint will likely be unappealing to prospective buyers and, ultimately, could affect the home's potential resale value," said Appraisal Institute President James L. Murrett, MAI, SRA. "Consumers need to ask themselves if their landscaping is attractive enough to make a prospective buyer walk through the front door."
The Appraisal Institute encourages homeowners to consider these four landscaping improvements:
Stick to the essentials. Spending a relatively small amount on design basics such as a winding flagstone walkway, stone planters and flowering shrubs typically provides a solid return on investment.
The Appraisal Institute is a global professional association of real estate appraisers, with more than 18,000 professionals in nearly 50 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. Learn more at www.appraisalinstitute.org.