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Money Really Does Grow on Trees

Posted by A2018B on February 14, 2017
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Turns out trees can raise the average home’s value by more than $19,000—and save you $180 or more a year on your energy bills.

Energy savings: Properly located trees can reduce air conditioning needs by 30% ($57 per year), and save 20% or more on heating costs ($120+ per year).

 

Curb appeal: A property with healthy, mature trees could easily sell in excess of 5% more—$19,350 on average—and that’s a conservative figure.

Not just any tree: The value of a tree can plummet by as much as 50% if the species isn’t desirable for a specific area. Balsam fir, for example, does poorly in urban environments. But slower growing trees, such as oak, usually offer the most value as they provide more shade and stay healthier longer.

Placement counts: Plant needle-bearing trees on the north and west side of your home to block winter winds. For shade in the summer, plant deciduous varieties on the south end of your lot.

Handle with care: Much of a tree’s ability to enhance property value depends on how it’s maintained. Trees with dead branches and missing bark are considered a risk to your property and will actually decrease your home’s value.

Get your FREE tree growing kit

Not only can you increase the value of your home but you can help promote better and healthier environment.

Complete the form below to get your FREE tree growing kit delivered! (must be within the Niagara Region)

Are you selling your home
yesnothinking about it

If selling, when?
immediately3-6 months6-9 months9-12 monthsnext yearwithin next 2 years

Interested in Investment Property?
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