With homeowners getting between 100% and 1,000% ROI on their landscaping projects, you need to make this your primary area of focus when trying to improve your property.
Whether you’re looking to build out a lush and fruitful garden or plant exquisite grass seed and flowers, having greenery in your property is always a good thing. However, these projects aren’t cheap, so you need to figure out the steps that will help you pay for them.
There are some landscaping finance steps you’ll want to keep in mind to make sure you are getting full value out of your property. Use these three tips and do your research so you make the best decision for you.
1. Handle Your Landscaping Finance With a Loan
When you need landscaping finance, there are lots of financial institutions available you can speak with.
Start with the institution you bank with first, since you already have some history with them. It helps to already have a clear idea of how much your project will cost, so you know down to the red cent how much money you’ll need. This means doing your research and crafting a budget in advance.
It is best to approach lenders when you have good credit, so you might need to take some time to repair your score if it’s not where you want it to be. Definitely talk to some local banks and online banks as well, rather than simply going with the big names. You might find these lesser-known institutions offer better rates.
2. Set Aside Money in an Interest Bearing Account
If you know you have a landscaping dream project in the works, start setting aside money as soon as you get that lightbulb idea.
Instead of putting it in your piggy bank or a typical savings account, stash it aside in an account that’ll garner you some serious interest. This may mean a high-yield checking or savings account, or you might want to look into a mutual fund.
The key is to get diligent about regularly depositing money and allowing it to grow.
3. Shop Around For Deals and Equipment and Address it Piece by Piece
With the majority of people spending about $3,000 on their landscaping work, you simply might not always be able to get funding immediately. But, this doesn’t mean you need to ditch the idea of sprucing up your landscaping altogether.
When you’re having problems securing the funds, upgrade your landscaping piece by piece and see which projects you can DIY. You may find you love the landscaping work even more when you do it with your own two hands. This can be both challenging and fulfilling.
This allows you to handle your landscaping project on your own terms and on your own time until the job is complete. Make sure you create a schedule so you’re not leaving any work half-done.
Get the Help You Need
Above all, you’ll need the help of landscaping pros – from gardeners to landscaping finance – to make your projects come to life. Take time to get the assistance you need so your lawn and garden can prosper.
Once you know the pieces of the puzzle, get in touch with us to finance your landscaping project.