Charlie Munger believed one of the best ways to increase a home’s value isn’t through kitchen upgrades or bathroom remodels but through landscaping. “You spend money on trees, and you get it back triple,” he once said.
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In the 1960s, Munger partnered on real estate projects that turned a $100,000 investment into $1.4 million.
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One key lesson from those deals was simple: lush landscaping sells. Buyers were drawn to homes with well-kept yards, and curb appeal often sealed the deal before anyone stepped inside.
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Munger considered skimping on landscaping a mistake. He believed a beautiful yard made a powerful first impression and signaled care and quality to potential buyers.
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Studies support his view, showing landscaping can boost home value by as much as 30 percent.
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At a recent shareholder meeting, Warren Buffett shared how much Munger enjoyed real estate and landscaping well into his later years.
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His message was clear—planting trees can pay off in a big way.