Friday, 23 June 2017

Fencing Can Add Value To Your Home

Written by Realty Times Staff Posted On Tuesday, 05 May 2015 17:55

Why does one homeowner get more money when they sell their home while another gets little? Why does one home sell quickly while another home within the same neighborhood takes months to be sold or may not even be sold at all? Could it be pure luck or there is something one did to his house to make it more attractive to potential buyers?

Making a few home improvements will go a long way in increasing your chances of selling the house. There are hundreds of homes available on the market and so for your house to be picked out, you to need sweeten the pot. Fencing is one way to improve the value of a home. But how will fencing enhance your home value? Read on.

How much value fencing adds to your home

On average, privacy fences are 4-9 feet tall. Installing a fence in your backyard for privacy purposes will increase marketability for your home with prospective buyers when selling. Homeowners with pets, such as dogs, may require a fence and could be reluctant to purchase a home without one due to the high cost of fencing materials and installation. A standard fence costs USD1000 - $5000 to install in many real estate areas; depending upon the materials selected and size of your yard.

This does not mean that using any type of fence will tremendously increase the value of your home. While a chain link fence may be less costly, the resale value obtained with this addition is so minimal. On the other hand, privacy wood fences and solid fences like concrete or cast iron can net a profit of at least 50% of the material and installation costs on resale. So fencing materials play an integral role in determining the overall home value during appraisal.

For a homeowner, the value of a fence may not be monetary in nature. Most homeowners like the added privacy of having a backyard fence, in addition to their decorative benefits which enhance the appearance of the yard and the home as a whole. What having a more beautiful home and more privacy brings for homeowners outweighs the potential loss of profits when selling.

Just like any other factor in home improvements, fence placement comes into play when considering practicality and value assessments. For example, a privacy fence in the front yard may reduce curb appeal of the home but increase value in the backyard. Before fencing your property, you need to consider utility easements and homeowner association regulations before starting the project to avoid any fines from violations.

When it comes to increasing home value, adding a fence that does not match the style and design of your home could be worse than having no fence at all. For example, a sleek, modern home will look weird if you use an ornate wooden fence while a quaint Victorian home will look out of place if you add a high stockade fence. So make sure you match the fence with look of your home in order to increase its value.

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  • Comment Link TonyPreston Thursday, 16 February 2017 04:35 posted by TonyPreston

    It's not just adding value, but privacy. Fencing is pretty much key if you want to ensure that you don't have people trespassing on or into your property! They are the first level of security and the aesthetic bit of it is really just a bonus! Most houses these days have some sort of fence installed!

  • Comment Link Deanna R. Jones Tuesday, 02 June 2015 20:50 posted by Deanna R. Jones

    Thanks for the information! I've been trying to find ways to add value to my property. It's no wonder why people are more willing to buy a home that has privacy fencing. I've always wanted to have more privacy in my yard, so I'm sure that other homeowners feel the same way.

  • Comment Link Mark Daniels Tuesday, 02 June 2015 13:26 posted by Mark Daniels

    I grew up in a home that did not have a true fencing system in place. It wasn't beneficial when having a dog as there was no way to have him enjoy the yard since he would just escape. If we were savvy, we would have invested in a fencing system that would have proved beneficial from a monetary standpoint to a view of happiness at home. Whether that be wood fencing or chain linked fencing, they prove to be beneficial for home owners.

  • Comment Link Helen Wednesday, 27 May 2015 15:39 posted by Helen

    One should definitely talk to a real-estate agent to know for sure how a fence will affect the value of your property. Whether or not the value increases, a well-maintained fence can, at least, greatly influence the aesthetic value of the home. As it was explained in the article, many people buying homes will be more likely to buy one with a good, secure fence.
    Helen | Sureline Fencing

  • Comment Link Alex Jennings Friday, 15 May 2015 14:17 posted by Alex Jennings

    I've been looking into adding a fence for my backyard. It would be a nice addition for my family and dog. I live in a residential area, and many of my neighbors have fences, so I think it would be beneficial to my property to get one.

    Alex Jennings |

  • Comment Link Move out Mates Thursday, 07 May 2015 11:10 posted by Move out Mates

    Just to highlight something: adding a fence right before you sell most likely wont result in increased profits.
    A fence's value in the overall home estimation will be a maximum of the sum for the materials and installation. But realistically will never get so high.
    So if you're looking for ways to add value to a property you're selling, this won't increase your returns.

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