Landscape design plays an important role in commercial properties, especially when it comes to boosting your property’s value. In fact, one study found that commercial properties with good-quality landscaping designs increased rental rates by 7%! When you incorporate shade trees, and other aesthetic elements like outdoor lighting, seating areas, and walking paths, you position your property as a preferred choice for tenants.
Need more proof? Another study found that shoppers will spend 9% to 12% more for goods and services in retail districts with aesthetically pleasing landscapes and tree canopies. They’ll also travel farther to get to these places and spend more time there.
What this means for you is that by focusing on strategic landscaping, including the application of innovative garden ideas and the integration of outdoor lighting, you can significantly improve tenant attraction, satisfaction, and retention.
The Value of First Impressions
That old adage your mom always repeated still rings true: you never get a second chance to make a first impression, and in the commercial property game, first impressions are the most important. That first look alone will shape the perceptions and decisions of your potential customers, tenants, and visitors. A well-designed landscape does more than just enhance your property’s aesthetic appeal; it also communicates a commitment to maintenance and quality, which will significantly influence tenant interest and retention.
| Key Takeaways A property with a well-maintained landscape featuring neatly trimmed lawns and colouful flowers instantly attracts attention and suggests a high level of care. This immediate curb appeal can make the property more competitive in the market.Landscaping that includes structured designs and healthy vegetation reflects professionalism and a dedication to quality, making the property appear more reputable and appealing to prospective tenants.Strategic additions like mature trees and well-placed shrubbery beautify the property and increase its market value, making it a lucrative option for potential investors and residents alike.For retail properties, a pleasant outdoor environment with trees and natural elements can lead to higher foot traffic and increased spending, which is a direct benefit to tenants relying on consumer visits.A beautifully landscaped area improves the overall experience, evoking feelings of tranquility and well-being among tenants and visitors, which is a critical factor in satisfaction and retention. |
Enhancing Property Value through Landscaping
Investing in landscape design beautifies your property but also significantly enhances its market value. A study by APCBEE Procedia revealed that a staggering 68.2% of participants acknowledged that landscape design influenced their decision to rent or buy, with over 90% agreeing that good landscape design boosts property value. We’ve put together a list of things to consider when planning out your commercial property’s landscape design:
- Commercial Landscaping Increases Value: Properly designed commercial landscapes can increase property values by up to 20%. This not only makes the property more attractive but also allows for higher rental rates. That means is a sound investment!
- Energy Efficiency: Modern tenants value energy-efficient improvements. Strategic landscaping can reduce utility costs, adding to your property’s appeal and functional value.
- Residential Property Value Boost: For residential properties, well-maintained landscaping can increase home value by 10% to 12%. And when you call in the professionals for your residential property’s landscaping, it can elevate a home’s resale value by 15% to 20%!
- Added Functional Spaces: Landscaping can extend a property’s usable space, creating functional areas for recreation and relaxation, which adds to the property’s social value and attracts high-quality tenants.
- Special Features Increase Value: Installing features like automatic sprinkler systems can boost your property’s value by up to 12%. Similarly, mature trees can increase property value by 7% to 19%, and incorporating features like sitting areas and water features not only enhance aesthetic appeal but also offer high returns at resale.
Sustainable Landscaping Practices
Sustainable landscaping is not just about beautifying your property; it’s about making responsible decisions that benefit the environment and your community. Have you thought about incorporating sustainable landscaping into your commercial property’s scenery? Here’s a few tips from the professionals at Naco Commercial Property Solutions!
- Employ smart irrigation systems that adjust watering based on soil moisture and weather conditions to reduce water waste. You may even want to consider replacing water-intensive lawns with drought-tolerant native plants.
- Plant trees and shrubs strategically to provide shade, reducing the need for air conditioning and cutting down energy costs. Switch to LED lighting for outdoor spaces for even more energy savings.
- To reduce environmental impact, use organic fertilizers and minimize the use of pesticides and herbicides. Opt for low-VOC paints and finishes to improve indoor air quality during outdoor area maintenance.
- Install recycling and composting bins to encourage waste reduction among tenants. Engage them in community recycling and composting programs to further minimize waste footprint.
- Regular maintenance like pruning, mowing, and mulching increases the visual appeal of your commercial property’s landscape and ensures the health of your plants.
Enhancing Community Through Thoughtful Landscaping
Landscaping is so much more than just making a space look pretty. It can be a powerful tool for building strong, cohesive communities. By creating spaces that foster social interaction and enhance the well-being of your tenants, visitors, and clients, thoughtful landscaping can have a transformative effect.
The key lies in understanding how people use these spaces. User-centric design means considering both current uses and future desires of the community. This allows for the creation of landscapes that truly meet the needs of the residents.
For instance, plant choices aren’t just about aesthetics; they can serve a multitude of functions, including offering benefits that contribute to the overall quality of life of those using your commercial property. Strategic planting across different levels, from overhead greenery to vertical gardens and groundcovers, can create a sense of enclosure and visual unity, making these spaces even more inviting.
One thing that many commercial property owners and managers don’t realize is that well-designed and maintained landscapes can have a significant impact on the health and well-being of your tenants, clients, and visitors. They encourage physical activity, reduce stress, and provide spaces for socializing – all vital aspects of a healthy community life.
Innovative Landscaping Trends
| Technological Integration Leverage smart landscaping solutions that allow you to control various outdoor aspects through smartphones or voice commands to enhance efficiency and convenience. | Eco-Friendly Practices The use of native plants and efficient irrigation systems will conserve resources for your commercial property and support local wildlife, contributing to environmental sustainability. | Customization and SpecializationMost landscaping services now offer customization to create unique outdoor spaces, from serene oases to vibrant entertainment areas, catering to your specific needs. | Water Features and Custom PatiosTechnological advancements allow you to incorporate water features and custom patios to your commercial property, adding a touch of relaxation and sophistication to outdoor spaces. |
| Outdoor Living Areas The trend of extending living spaces outdoors continues to grow, with designs including patios, decks, and outdoor kitchens that enhance the property’s value and usability. | Privacy and Security EnhancementsStrategic planting of hedges and installation of fencing not only improve the aesthetic appeal but also enhance the privacy and security of the property, making it more attractive to tenants. | Sustainability FocusIncreasing emphasis on environmental sustainability leads property owners to seek greener alternatives in landscape design, enhancing the appeal to eco-conscious tenants. | Digital EnhancementsThe demand for digital services such as virtual tours and online payment options is on the rise, reflecting the need for properties to adapt to modern technological expectations. |
Strategic landscaping isn’t just about curb appeal; it’s a smart investment that enhances property value, attracts and retains tenants, and fosters a sense of community. By incorporating these elements into your design, you can create a space that’s beautiful, functional, and sustainable.
Ready to unlock the potential of your commercial property’s landscape? Contact Naco Commercial Property Solutions today for a free consultation. Our team of experts will work with you to create a customized plan that meets your unique needs and budget.
In the meantime, want to learn more about maximizing your return on investment? Download our free guide, 7 Commercial Property Maintenance Tips to Save You Money. This comprehensive resource is packed with practical strategies to help you keep your property looking its best while keeping costs under control.
We look forward to helping you create a thriving commercial space!