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Installing outdoor lighting can increase your home’s value by up to $2,500. The average ROI on landscape lighting is around 50%, but how much your home increases depends on the market, the type of lighting, and whether you have a strong strategy for your landscaping lighting project. LED and solar lighting may offer the highest ROIs.

You can take a few steps to prolong the life of your holiday lights. Make sure to replace burnt-out bulbs as quickly as possible to avoid overloading the rest of the circuit and knocking out more lights. Before packing them up each year, plug each strand into the wall to confirm everything is still working. Wrap the lights carefully back into their original packaging or something similar—winding a strand tightly together or leaving it to hang loose in a storage bin can lead to frayed or damaged wiring. 

Costs depend on system type, issue severity, and labor rates.

The average cost to install outdoor or landscape lighting is around $4,000, with most projects ranging from $2,000 to $6,000. The total cost can vary widely depending on several factors, including the number of fixtures, design complexity, and the type and quality of the lights used, such as wall sconces, pathway lights, or lamp posts. Other factors that influence the price are the square footage of the area being lit, the amount of electrical work needed, any required excavation or trenching, and local permitting costs. For specific types, you might pay around $100 for pathway or string lighting and up to $700 for lamp post lighting.