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Grinding is a more efficient way to deal with a tree stump, although it won't remove it entirely. Even if you grind your tree stump down, the root system will still remain in place, though that will likely eventually rot. Grinding a stump will also produce chips that you can use as mulch or to cover up the hole that the process leaves behind.

Most chemical treatments that kill roots will also damage the grass around it—including more natural substances like Epsom salt. In this case, cutting tree roots is probably your best bet if you want to preserve the grass. Use caution before you cut or prune roots to make sure you know what you’re cutting and know the risks if you make an error. 

The cost to buy a stump grinder can fall anywhere between $1,450 and $19,800, with the majority of models priced below $3,000. However, grinders designed for construction or extensive commercial use might exceed $100,000 in cost. Prices vary based on the type of grinder, the brand, features, and other factors.

It can take several weeks for the ground to settle after removing a tree, and the soil under larger, more mature trees can take months. The deeper the tree has been ground under the soil, the longer it will take to settle. However, this extra depth can help you plant new landscaping sooner because you’ll have more space for fresh soil.