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Bonnie Low
#1 Medium-Term Rentals Contributor
  • Lender
  • Asheville, NC
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How much does landscaping affect an appraisal on a BRRR?

Bonnie Low
#1 Medium-Term Rentals Contributor
  • Lender
  • Asheville, NC
Posted

We're rehabbing a SFR in far northern CA (Shasta Lake City, Zone 9). It's a total gut rehab so everything about the property is new and very nice but solid middle class - nothing extravagant. We had to pull out every bit of "landscaping" that existed because it was a jungle - vines growing through the windows and weeds covering all kinds of hazards around the house. So now it's basically barren red clay dirt. Of course we want to get maximum $ from the appraisal. My question is, how much does landscaping factor into the appraised value? Since it's going to be a rental and most tenants won't keep up the landscaping, what's the balance I should be trying to achieve to positively impact the appraisal but not overwhelm a tenant with expectations they'll have a lot to keep up? Suggestions for specific types of plants and/or hardscaping ideas would be much appreciated. Very hot, dry summers. Fairly cold winters (30's with some snow days). Full sun.

  • Bonnie Low
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