Can Fencing Boost My Property Value?

When enhancing their property, homeowners are usually looking for things that offer the most bang for their buck. To achieve this goal, most homeowners tend to retouch their kitchens, bathrooms, or house exteriors. However, fencing is a more friendly option, and it gets even easier on the pocket if you pick an affordable fence company to do the job.

Fences greatly boost property appeal. Although this is commonly true today, we’ll examine the facts and figures to see if this is the case.

Would Fencing Increase Your Property Value – Laying The Facts Bare

Before progressing further, let’s understand how much difference fencing makes from an appraiser’s perspective. According to an observation, a fence can ensure around 30 to 40% ROI on installation costs [1]. However, it is immensely valuable for busy neighborhoods with many kids and pets.

Furthermore, according to the 2022 Remodeling Impact Report, experts hinted that homeowners will likely recoup around 67% of their renovation expenses [2]. For instance, if you spend 30,000 dollars on a new fence, you’ll recover 20,100 dollars upon the house’s sale.

However, when purchasing fencing from an affordable fence company, it is essential to note that the turnaround cost depends upon various factors, such as the fence materials, the local buyer’s inclinations, and the condition of the fence.

Factors That Determine If A Fence Will Add Value To The Property Or Not

Below is a list of factors that indicate how a fence can increase the property’s value before the sale. However, before that, there is a cold, hard fact that you should know. Fences don’t always increase the value of your property directly.

Since it is a budget-demanding process, Goodhart remarks that it is safe to let the buyer decide if they want a fence rather than investing. [3]

The Fence’s Material

Different fencing materials are available to suit all kinds of budgets. Wooden fences offer a warm, welcoming appearance and require meager upfront costs. However, since they are less resistant, they require regular maintenance, which adds to the overall cost.

The next are iron fences. Though they require higher upfront costs but become quite inexpensive as time passes because of their low maintenance. Lastly, there are vinyl fences. They combine the aesthetic of wooden fences with the strength of iron ones and make a good choice for increasing property value.

When choosing the fence material, it is important to consider the durability of the materials and the neighborhood’s attitude to gain maximum recovery.

Pool Fences May Have More Advantages

Safety is critical in real estate, and keeping it in mind while revamping your property for sale will prove beneficial. For houses with pools, pool fences with latch gates become a necessity. Any buyer with kids will give this feature considerable respect and compensation.

Furthermore, houses without pool enclosures are a nose-wrinkling factor for insurance providers as well [4]. The absence of these fences may adversely affect your property value. Hence, hiring an affordable fence company and getting pool enclosures can considerably upscale your game.

Landscaping

Conventional fences may not be an ideal choice if your neighbor isn’t positive about fences. However, landscaping offers something extraordinary and can quickly attract potential buyers. To create a welcoming look, you can decorate your privacy fences with climbers or flowery plants. Iron fences also pair well with Buxus boxwood hedges.

You can hang decorative plant pots on wooden fences to add color to the exterior. Connecting with professionals can also provide valuable insights about artistic additions you can make to boost property value.

Keeping ROI In Mind

The potential return on investment is a key consideration when installing a fence. Homeowners must conduct an in-depth cost analysis before signing up for the fence installation.

The cost analysis must encompass more than just the fence installation and material costs. It should also include the labor costs, permit fees (if any), and the maintenance done before the house sale. For neighborhoods valuing privacy, fences may add a considerable increase in the property value. However, otherwise, it may not be as profit-yielding as expected.

Privacy Improvements

Security and privacy improvements also make a big difference in house sales. They allow families to enjoy quality time without interruption from the outside. For buyers with families, a well-fenced home offers a good selling point.

Apart from privacy, it also increases the property’s security as there are fewer chances of property trespassing, which is useful in areas with high crime rates. Furthermore, homeowners must also keep the local zoning regulations in mind by getting fencing from an affordable fence company so buyers don’t face any inconveniences later. [5]

What Type Of Fences Are Mostly Preferred By Buyers?

Buyers always prioritize privacy, and if your house offers that, it has a significant chance of being successfully sold. Moreover, there is a paramount need to keep pets and children safe, which only proper fencing around the property can guarantee.

Furthermore, the importance of good fencing from an affordable fence company rises significantly if the home buyer has a pet dog. Privacy is often a top-of-the-list want for most buyers, which is why fenced houses are a preference in more urban areas [3], as buyers can have a relaxing environment away from the eyes of the world.

End Notes

Fences do add value to your property in most cases, as they offer numerous benefits, such as reduced property visibility, privacy, and security. However, depending on different factors, they may not always return the maximum recovery expected.

This excerpt highlights all how fences from an affordable fence company can be a monetarily beneficial addition to your property. However, it is still better to consult the buyer about their preferences before installation to prevent any risks. Affordable Fence Pros are your go-to in this regard. They don’t only provide aesthetic fences but also offer price quotes based on your needs and preferences.

FAQs

Do all fences improve property value?

When selecting fencing to add to your abode, observe that only a well-maintained fence will boost the property’s value to some extent. An ill-kept fence will do the opposite.

What is the average fencing height for home fences?

On average, home fences are usually 4 to 6 feet high, considering the fence materials and their placement. [6]

Is eco-friendly fencing a good option?

Eco-friendly fencing is also an attractive offer for eco-conscious buyers. Using sustainable materials like bamboo or recycled wood can help you attract potential buyers if the effort is appreciated in your vicinity.