Wyandotte Office - (734) 225-6934 Toledo Office - (419) 871-7501
1475 Eureka Rd. Wyandotte, MI

1101 Linden Ln. Toledo, OH

Serving Southeast Michigan and Northern Ohio

Landscaping & Common Area Upgrades for Multifamily Properties

Landscaping and common area upgrades are key to enhancing the tenant experience and increasing the value of multifamily properties. 

Beyond visual appeal, landscaping creates a welcoming atmosphere and improves the property’s value and desirability to tenants. Upgrades to common areas can foster community engagement while offering additional living spaces and amenities that prospective tenants love.

Here’s why property owners and managers should prioritize landscaping and common areas as part of their improvement strategy:

Elevating Property Value

Investing in professional landscaping can lead to a notable increase in property value. According to the American Society of Landscape Architects (ASLA), quality landscaping can enhance a property’s value by 15% to 20%, noting that landscaping improvements can offer a 100% – 200% return on investment

Conversely, neglecting landscaping can have detrimental effects. A study highlighted by the National Association of Realtors indicates that poor landscaping can decrease property values by up to 30%, citing negative first impressions and mental devaluation.

Curb Appeal and Tenant Attraction

First impressions are lasting, and for prospective tenants, landscaping often sets the tone. Neatly maintained lawns, vibrant flower beds, and thoughtfully designed walkways convey that a property is professionally managed and cared for. 

Landscaping is often the first glimpse tenants have at a property’s overall maintenance. It plays a significant role in shaping initial and long-term impressions of the property.

“It is fairly common to see an investor spend eight, ten, or even fifteen thousand dollars to upgrade just one unit,” explains Joshua Sterling of Epic Property Management, “but if you haven’t put the work in to ensure the landscaping and common areas look sharp, the potential tenant has likely already decided ‘no’ before they even see the unit.”

The old myth about judging a book by its cover is very true.

Appealing landscaping doesn’t just draw in potential tenants—it elevates the property’s perception and can support higher rental rates.

Enhancing Tenant Experience and Retention

Well-designed common areas contribute to tenant satisfaction by fostering a sense of community and offering spaces and amenities that appeal to residents. 

Shared spaces like outdoor lounges, barbecue areas, and dog parks offer special services to tenants while encouraging interaction among residents. While unique elements like fire pits, outdoor kitchens, and walking trails cater to modern tenant preferences and lifestyles. 

Some other easy ideas for improving common areas include:

  • Lighting upgrades, such as LED and/or accent lighting
  • Technology enhancements, like charging stations and wifi
  • Pet waste stations, for dog-friendly properties
  • Children’s play areas
  • Updated signage
  • Upgraded laundry facilities
  • Etc.

When tenants feel valued and content, they are more likely to renew their leases, minimizing turnover costs. Incorporating landscaping and outdoor amenities can often be the differentiator for tenants choosing between properties.

Sustainable Landscaping as a Modern Solution

Eco-friendly landscaping practices are gaining traction for their dual benefits of cost savings and environmental responsibility. Techniques like xeriscaping—which utilizes drought-resistant plants—and efficient irrigation systems help reduce water consumption and maintenance costs while maintaining a polished appearance. 

Properties adopting sustainable landscaping practices appeal to environmentally conscious renters and enhance marketability.

Moving Forward

Landscaping and common areas are more than decorative features; they stand out as a smart investment to make in the long-term profitability of your multifamily property. 

Epic Property Management understands the power of thoughtful landscaping in creating vibrant and successful communities. Based in Wyandotte, Michigan, we proudly serve Southeast Michigan and Northern Ohio, offering tailored property management solutions that prioritize tenant satisfaction and investment success. 

Read these real estate investment success stories and contact us today to learn how we can help elevate your property with expert landscaping and management services.


Acknowledgement: 
Thanks to Matt Barnett of the Metro Detroit Real Estate Investors Group for requesting we address this important topic!