(Podcast Episode)
Can Water Features Add Value To Your Property?
A common question we come across on almost a daily basis is whether adding a water feature increases the value of one’s property; will it help in selling houses for more, and will it allow charging higher rents?
Despite being straightforward questions, there are a lot of factors at play that needs to be understood and comprehended as to not ‘if’ it increases the value of the property, but why it does so.
A water feature, such as a fountain, pond, or pondless waterfall, can add value to a property. The presence of a water feature can enhance the aesthetic appeal of a property, making it more attractive to potential buyers or renters. In addition, a water feature can also create a peaceful and calming atmosphere, which can be a desirable feature for many people.
Why Water Features Increase Your Property Value
One of the main benefits of a water feature is that it can increase the overall curb appeal of a property. This is especially important if you are trying to sell your home, as a well-maintained and attractive exterior can be a major selling point. A water feature can add a touch of elegance and sophistication to the landscape, and it can also serve as a focal point that draws the eye.
A water feature can also be a great way to add value to a property if you are looking to rent it out. Many people are attracted to properties with water features because they can provide a sense of tranquility and relaxation. This can be especially appealing to vacation renters who may be looking for a peaceful retreat.
What To Consider About Water Features For Your Property
There are a few things to consider when it comes to adding a water feature to your property. The first is cost. While a water feature can add value to your property, it can also be expensive to install and maintain. You will need to factor in the initial cost of installing the water feature, as well as the ongoing costs of maintaining it. This can include things like water treatment chemicals, electricity for pumps, and repairs if necessary.
Another thing to consider is the location of the water feature. If you are trying to sell your home, you will want to make sure that the water feature is visible from the front of the house. This will help to draw the eye and make it more appealing to potential buyers. If you are planning to rent out your property, you will want to make sure that the water feature is located in a safe and convenient location that is easy for guests to access.
In addition, you will need to consider the size and type of water feature you want to install. A larger water feature can be more impressive, but it may also be more expensive and require more maintenance. On the other hand, a smaller water feature may be more affordable and easier to maintain, but it may not have as much of an impact on the overall value of your property.
Conclusion
Overall, a water feature can be a great way to add value to your property. It can enhance the aesthetic appeal of your home and create a peaceful and relaxing atmosphere. However, it is important to carefully consider the costs and maintenance involved before making the decision to add a water feature to your property.