7 Ways to Add Value to Your HOA on a Small Budget

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In an economy that is slowing down, consumers need to be smart about where their money is spent. When it comes to Home Owners Associations landscaping is typically the biggest number on the budget. This is for good reason; experts agree that a well-maintained landscape may add more than 15% to the value of the property. Here are a few creative ways to reduce spending while adding value to the community:

1 – Get a Plan

Work with your contractor to establish a healthy priority list for the community. What assets does the community already have that can be highlighted?

2 – Recycle

Mulch is a great way to limit water use and prevent weeds from germinating. In addition, recycling green waste is a great way to be environmentally responsible.

3 – Free Money

Millions of dollars are allocated to encourage HOA’s to invest in new technology and turf removal that maximizes water usage. Proper management and new technology are two easy ways to reduce unnecessary spending.

Visit www.bewaterwise.com for more information.

4 – Volunteer Days 

Have a community day. Assign specific tasks for homeowners to participate in once a quarter.  The more homeowners involved in keeping the community beautiful the fewer dollars you have to spend having someone else do it.

5 – Sustainable Plants 

Limit the amount of seasonal color used in high profile areas. There are some beautiful natives worth exploring.

6 – Plant Selection

Areas that don’t require immediate gratification may do well with smaller plant sizes. The smaller sizes are less expensive than the larger more established plants.  When possible, select plants that require low water and low maintenance. Avoid plants that will increase your maintenance budget.

7 – Maintenance 

Deferred maintenance on irrigation and trees are two areas that will cost the association more money in the long run. Ask your contractor to help generate creative ideas that allow the board to identify areas of maintenance that should not be avoided.

Finally, enjoy your landscape and the money you saved.

Plant for the Long Term- OC VIEW January / February 2018

PLANT FOR THE LONG TERM

Hall of Fame Dallas Cowboys quarterback Roger Staubach said, I have a lot to learn about NASCAR. But I’ve learned if you have the right people in the right places doing the right things, you can be successful at whatever you do. The same can be said about landscape. If the right plants are planted in the right area with the right amount of water then success is inevitable.

There are several factors to consider when “reskinning” your community landscape. First and foremost, assess the irrigation system for breaks, spacing, efficiencies and opportunities. The irrigation system will be key in setting future planting up for success. Future water savings may pay for the renovation in less than 5 years!

Secondly, plant choice is critical for both form and function. We often plant for form but don’t consider the long-term functionality of the chosen material. Function should be considered priority followed closely by form. You may have noticed landscape line items rising at an alarming rate. Here’s why- water rates have doubled, materials have increased 25-50%, the affordable care materialized, cost of living expenses continue to climb and most recently minimum wage hikes have gone into effect. In 2020, a landscape laborer will cost the average consumer upwards of $55,000 per year. In contrast, the same service cost consumers 10-15 thousand dollars less 5 years ago. This increase in labor cost must be considered when it comes to plant choice. Plant growth rates drive labor and if plants are chosen soley on the color of the flower one may be setting the community up for significant increases down the road.

Thirdly, plant sizing is one of the most overlooked opportunities in the industry. Larger plants have larger price tags. Many studies have been done regarding plant performance based on initial planting size. In many cases, a smaller gallon size plant will outperform a 5 or 15 gallon plant over time. This is often the case with trees as well. The smaller unit sizes will reflect better long-term performance for less money up front.

Lastly, spacing a plant appropriately allows for the material to reach maturity without much maintenance. Proper placement will look sparse at first. Our eyes have been conditioned over time to desire instant gratification. However, this sparse look will soon establish and heavily reduce the need for constant thinning, shaping and labor.

Plant type, placement, sizing and spacing done right will create an efficient landscape that stabilizes cost over time while adding beauty and value to your community.

Matt Davenport

 

Landscape Consultant for homeowner associations

What does a landscape consultant do and what do they bring to the table?

  1. Accountability
  2. Expertise
  3. Objectivity
  4. Creativity
  5. Experience

You need Monarch to help your Homeowners Association maximize your landscape budget.

Water Drought Alert Updates

Water Drought Alert Updates


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Monarch Educational Field Session 4.29.15

Monarch Field Day 4.29.15

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“Educational Field Session with Monarch”

Educational Field Session with Monarch

Howdy,
Monarch provided a brief overview on the importance of HOA leadership, water usage, water budgets and the opportunity we have as an industry. Special thanks to Dr. Quinn and Dr. Haver

 

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Outsmarting the Drought

Outsmarting the Drought: How is the Landscape Industry Responding to Drought?

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We have multiple certified arborist on staff. Our multidisciplinary

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