Can Adding A Fence Increase Property Value?

Every home improvement project aims at enhancing the functionality of a space and increasing the property’s value. Some projects attract potential buyers and increase the chances of selling the house more than the others. However, when it comes to fencing, homeowners remain confused about whether it is worth installing a fence before selling the house and if it will increase their home’s value.

Adding a fence around the yard is a low-cost, simple, and effective way to add value to a property. Fencing, when done right, can significantly boost a home’s market price and appeal to homebuyers. 

Here are a few reasons why fencing is considered a good and valuable investment:

Increases privacy

No homeowner wants neighbors or passersby to look into their house while relaxing or enjoying time with their family, invading their privacy. Choosing the right fence increases the yard’s privacy and blocks outside noise to an extent. Several homebuyers have privacy as one of the top priorities when they look for a house.

Enhances the curb appeal

The purpose of a fence is to define the boundaries of a house and add to its overall look. A durable, well-maintained fence makes a home look aesthetically pleasing, adding to its salability. It makes an excellent first impression on the buyers and increases the property’s appeal from the outside. Fences are available in various styles, patterns, and designs to beautify the yard.

Keeps pets and children safe

If potential buyers have pets and young kids, a fence will appeal to them. A fenced front or back yard offers a contained and secured space for kids and pets to enjoy and roam freely. It gives homeowners peace of mind knowing their kids and pets are safe.

However, installing any fence only to sell the house, without careful deliberation, may discourage potential buyers. A homeowner needs to consider a few things to ensure that fencing gets him the desired value. 

Fence position

Homes with unpleasant views around or busy and noisy neighborhoods can benefit from fences. Homebuyers will appreciate the value of a fenced property in such localities. 

Cost vs. value

An already installed fence will save potential buyers from the extra cost of installing a new one. Every homeowner looks for safety and privacy, especially the ones with pets and children. A fence that adds value for a potential buyer is worth the installation cost.

Material

Fencing material plays an essential role in deciding the value a fence adds to the property. While solid wooden or iron fencing fetch good returns on resale as they are durable and look more aesthetically pleasing, cheap and low-quality fences won’t make much difference to the resale value.  

Maintenance

Regardless of the type of fence, the one that is not well-maintained will add no value to the property.  

Installation

Hiring experienced fencing professionals to install the fence has a long-term impact. Quality installation ensures that the fencing lasts longer, stands up to the elements, and increases the home’s value.

A practical, beautifully designed, and functional fence does increase a property value. The value added to the home depends on several factors, including market situation, fencing material, individual buyer needs, neighborhood, and fence condition. Consult a local real estate dealer to know if fencing makes for a valuable installation in the locality. 

Hire a professional fence installation company while considering adding a fence to the property.

If you're considering a fence or gate project in the Phoenix area, Sereno Fence builds custom fencing, fence repair, custom gates, gate repair, RV gates, horse corrals, pool fence, pool gates, custom welding, and wood fences. For more information call (602) 481-1298 today!