Embarking on a yard renovation project does not have to be a daunting challenge. If you prepare yourself with the correct information and plan accordingly, you can make sure any project, large or small, moves smoothly from start to finish. Of course, one of the most necessary pieces of information to decide on a budget.
Pinpoint A Price Range
An excellent first step is to identify the type of project you are hoping to complete. What are you looking to add or change to your yard? Having a maximum price point in mind will help guide you as you make other decisions regarding your renovation.
Building A Functional Backyard Space
Add Value To Your Property
While discovering the price tag for a large-scale landscape project can create sticker shock, an important factor is that the vast majority of the money invested into landscaping can increase the value of your property. The funds are obtained at the time the house is sold, so if you don’t have plans to sell your house in the near future this may be a challenge. But if you don’t have the funds available to purchase a yard renovation right now, some contractors work with lenders or banks to offer to finance, allowing you to enjoy your outdoor space much sooner and pay for it over time.
Some yard renovation projects can cost $2,500 to $5,000 on the low end, and go upwards to $10,000 – $20,000 or more depending on the exact scope of work. A big determining factor of the project price is dependent on the removal of old landscaping and hauling it away, and what type of features you would like installed. A basic installation of foundational landscaping with shrub, mulch & edging, and laying sod will cost drastically less than building a paver patio and multi-tier retaining wall with an expansive lawn area surrounding.