Hardscape Financing

Do people finance hardscaping?

Many homeowners choose to finance their hardscaping. These projects can get expensive and saving up enough money may take longer than you are willing to wait. And with the current shortage of lumber and other building materials, it is not likely the prices will go down any time soon. Rather than waiting until you can save up money to improve your property, you can consider hardscape financing to help you out.

With the right financing, you will have the money you need to do the hardscaping process without all the hassle. You can get the work done and pay off the loan over a number of years. And with the potential good return on investment, you will see that it was worth your time to do the financing.

How do you finance hardscaping?

Financing your hardscape project can be simple. You just need to find the right lender to help you get the work done. Each lender has their own requirements that you need to meet, but many are happy to provide you with the funds that you need to handle any hardscaping project you would like. If you are planning extensive landscaping or home improvement projects, you may want to use a secured loan such as a home equity loan. To qualify for a home equity loan, you will need to have plenty of equity in your home and be willing to use it as collateral. In addition, it can take some time to secure a home equity loan. For a faster option that does not require collateral, you should consider a personal loan or home improvement loan, which are the same thing. At Acorn Finance, you can check home improvement loan offers without impacting your credit score.

To start the process:

Fill out our simple form and check loan offers from our partners, without impacting your credit score.

Browse multiple offers and choose which terms are best suited for your situation. Choose based on repayment plan, amount you need, and loan costs.

Select the offer of your choice and proceed with the lender to finish the application process.

At Acorn Finance, you can get prequalified for home improvement loans up to $100,000, depending on credit score. Once approved, you can receive funds in as little as 1 business day, although funding times may vary. We can help connect you to the right lender to make that hardscaping project a reality. The exact terms of the loan and interest rate may vary depending on your creditworthiness and how much you borrow.

How much can I borrow to finance hardscaping?

At Acorn Finance, you can get prequalified for home improvement loans ranging between $1,000 to $100,000, depending on credit score. If you use an unsecured loan such as a home improvement loan, $100,000 will probably be the maximum amount that some lenders can offer. If you need to borrow more than $100,000, you may need to consider a secured loan or secured line of credit.

The exact amount you can get usually depends on your individual finances and credit score. Rather than speculating, you should go ahead and apply at Acorn Finance to see how much you qualify for.

It is always a good idea to only take out the amount you need for the project. Getting several quotes from reputable contractors can help. This allows you to take out minimal debt and get the best return on investment for that project. It can also help you pay the amount back faster with minimal financial hardship.

While a hardscaping project can provide a good return on investment, you do not want to take out too much and put yourself at financial risk. Understanding your current budget and what you can afford, while also comparing rates can make a better financial decision.

Is getting hardscaping worth it?

Hardscaping is definitely worth it for many homeowners. The exact return on investment that you get will depend on which project you decide to do and how much it costs. It is estimated that the average return on investment from a hardscaping project should fall between 20 to 30%, but there are some that may fall below that.

If you are looking for a hardscaping project with a high return on investment, you should consider wood deck additions and backyard patios. Outdoor kitchen areas can have a high return on investment as well, especially in locations with desirable climates. Investing in high-quality materials and tactful landscaping finishes such as artificial grass can help you maximize your investment.

There are some hardscaping projects that do not give a good return on investment. You can add these if you want them for your own personal use, but they may not provide the return on investment that you would see with a deck or a fence. One example is a pool, which can add as little as 10% value to the home.

Think carefully before you start any new hardscaping project. Some are great ideas and add some more comfort and value to your home, but not all of them can do this. With the right hardscaping project, you can increase your enjoyment of the home while also maintaining or increasing the value if you decide to sell.

How much does hardscaping usually cost?

Hardscaping costs can vary depending on the type of project that you need to get done. The average cost for these services is between $2,000 to $45,000. The type of materials you use and how many customizations you add in can make a difference in the final price.

The type of hardscaping will determine the price. A new fence can cost $1,500 to $5,000 with the average homeowner spending close to $2,550. The cost of a new deck will vary based on the size and materials. A 10 by 10 foot deck may cost about $2,200 but a 20 by 20 deck may cost nearly $9,000 or more. Adding a simple patio to the back of the home should cost less than a full deck. The more grandiose you want the project to be, the more it will cost. You can have control over the costs by changing some of the things you want done.

As we demonstrated, some hardscaping projects can be more expensive than others. Getting quotes from more than one contractor can help make sure that you get the best deal while not sacrificing high-quality work.

Does hardscaping increase home value?

Hardscaping should help increase the value of your home. Outside of a few projects like adding a pool, hardscaping projects can have a huge return on investment compared to other work you can do inside the home. Some of the ways that hardscaping can increase the value of your home includes:

Improves curb appeal: A broken and destroyed driveway never looks good in front of your home. Fixing that up and completing other updates to the front yard can help improve the curb appeal.

Increases usable space: When you add a patio or a deck to the home, you may utilize the space better than before. You now have a space outside to play, cook, and spend time with one another. With more space, your home can increase in value.

Provides safety and privacy: Homes with a fence are usually worth more than those without them. A brand new fence can help improve the value of your home because kids can stay safe and you get privacy from your neighbors. Adding energy-efficient lighting can also make it safer to walk around at night and improve the curb appeal.

These are some of the ways that you can use hardscaping to improve the value of your home. While not every project will have a high return on investment, some simple changes will make a world of difference and can help you improve your home.

How much value can hardscaping add to a house?

The value that you can add to your home through hardscaping will depend on the project that you do. For example, a driveway that is new and isn't falling apart can add up to 10% to the value of the home. When you add a fence to a functionally designed and landscaped backyard, you may add up to 20% to the value of your home. When it comes time to sell, your home may attract more potential buyers. Potential buyers usually prefer a home that is move-in ready.

Adding a deck to your home can add some value as well. It is estimated that on average, a deck can add about $10,300 to your resale value on the home. Fancier and higher quality decks can add even more to this number. A patio is often less expensive to put up and has the potential to add 12.4% to the value of the home while providing more space to your home.

How much should I spend on hardscaping?

It is hard to put one price on the cost of hardscaping because there are so many different types that you can do. Many homeowners can choose to put a deck on their home without worrying about a fence or fixing the driveway because they do not need it. Each project is unique and does not rely on the other parts like landscaping does.

A good way to make sure you do not spend too much on your hardscaping project is to get quotes from more than one contractor. Check how much each one is charging. Ask for an itemized quote so you can compare the quality and amount of materials as well. This helps you to choose the best price, not the lowest, to give you high-quality work that is meant to last.

While you should never sacrifice good quality when doing a project to your home, your goal should be to get the best work done for the lowest price. Shop for value. Even if the improvement is just for your enjoyment, think about the cost and how it can affect the potential to sell the home later on if you change your mind.

Do hardscaping companies offer financing?

Some hardscaping companies will offer financing on the services they provide to you. Many homeowners will use this because it saves them hassle applying elsewhere. Keep in mind that controlling your costs are often harder when you let the contractor do the financing. They often have higher rates as well.

Many hardscaping contractors will not provide the financing themselves. Instead, they just refer you back to a preferred lender they work with.

Before you accept an offer from a hardscaping company, read through their terms and agreements. Shop around and check offers at Acorn Finance.

Where can I get a loan to finance hardscaping?

Homeowners have many choices when it comes to choosing their financing for a hardscaping loan. They can apply through their local bank for a personal or home improvement loan. They can look at personal loans online with individual credit unions and banks. Some even choose to take out a HELOC loan or other secured home improvement loan options.

At Acorn Finance, we make finding a loan for your hardscaping project a little easier. Instead of having to apply through each individual bank to get the rates and potentially damaging your credit score, you can check offers from top national lenders in one place. The freedom to explore home improvement from the comfort of your own home is unmatched.

When is the best time to finance hardscaping?

You can finance hardscaping at any time of the year when you want to get a project done. Many homeowners decide to do this during the spring months as the weather starts to warm up and they have more opportunities to do work outside. The prices for the work could be more expensive during this time of the year since so many homeowners want to get work done. If you have some leeway in getting things done, consider the fall or winter to do your project. It could save you some money and make financing less expensive.

Should I finance hardscaping?

The decision to finance your hardscaping project is a personal one. If you are able to wait until you can save up the money, you can save money on interest and other loan fees. However, by the time you can afford the project, materials and labor may have increased in price. Staring at a yard that does not meet your needs can make you feel anxious. If you can afford the monthly payment and secure fair terms, financing can be a smart choice.

Can I finance hardscaping online?

Securing financing for your hardscaping project is one of the best ways to get the project done on your timeline. While secured loans can offer lower interest rates and are one option homeowners can choose, they are often more difficult to secure. For some of the less expensive hardscaping projects on your list, it is often better to do an unsecured loan.

At Acorn Finance, you can check home improvement loan offers online. In some cases, you can complete the entire process online. Alternatively, most banks and credit unions offer an online application process. The internet can allow borrowers to access several lenders and do plenty of research. While you always want to be careful sharing your information via the internet, the internet is usually your friend.

Discover hardscape financing offers. . . apply online today!