A tree-lined street gives homeowners a sunny outlook on their home values, according to a new University of Florida study.
Homeowners said they were willing to pay about $7 per month more in property taxes for municipal programs that plant and cultivate trees in the municipally owned land between individual properties and the street.
Homeowners also said that they thought that trees on their properties added greatly to curb appeal; enjoyment of the outside living areas, and helped minimize heating costs . When those trees added shade. The homeowners also hoped that healthy, well-placed trees would add about $1,600 to their homes’ values.
To capture the potential value added by trees, consider these tips:
- Fall is prime time for planting trees, and they can be had for bargain prices as garden centers clear out their inventory.
- But expect to plant with the imminent winter in mind: that means digging deep for maximum root spread before winter winds hit; not fertilizing, as new growth will die back anyway in the winter; and mulching high to protect tender trunks.
- Plan a spring regime of fertilizing and cultivating to get your new trees off to a strong start in their first season in your yard.
- Plant well away from the foundation of your house, and away from plumbing lines, as tree roots can be invasive.
- Ask neighbors and research local state university horticulture programs to find out which species are native to your area so you can choose trees that will thrive in your climate and soil.