Charlie Munger claims that investing in landscaping, particularly planting trees, can significantly increase a home's value. He suggests that spending money on lush trees can yield a return threefold. I'm curious about what others think: Is spending money on landscaping and curb appeal really worth it?
3 Answers
Absolutely! Trees provide shade and can really enhance the appeal of a property. If you drop $100 on a good tree now, in ten years, that could add about $10,000 to your home’s value, thanks to all that lovely shade.
Yeah, but let’s be real. If you buy a tree for $100 and think it'll magically quadruple in value, you're in for a rude awakening. Plus, I’ve lost way too many trees to count, and I'm out even more money!
Oof, sounds like you've got a black thumb! But if you take care of them, they really do pay off in the long run.
I’m not convinced. Munger's advice comes from a billionaire's perspective, and not everyone sees landscaping as a solid investment. I think structural repairs yield better returns. Some buyers might even see a big tree as a liability rather than an asset.
True, but if everything else is equal, a well-kept garden can really make a home stand out in offers.
I get that, but neglecting landscaping can also hurt your home's value. A poorly kept yard can definitely turn buyers away.
For sure! Curb appeal is huge. It's not just about selling a house but how people feel living there. A nice yard makes a big difference.