The Impact of a Quality Fence on Property Value
When thinking about increasing your property value, a fence might not be the first thing that comes to mind. However, a quality fence can significantly affect your home’s value.And while there’s no reliable way of measuring the return on investment in a fence, a quality fence can increase curb appeal and be a selling point for potential buyers.
If you’re thinking about building a fence, here’s what you should know about how it can improve your way of life and affect your home’s value:
1. Curb Appeal.
An aesthetically pleasing fence enhances the exterior look of your home. It’s the first thing potential buyers see.
In the front yard, a fence can increase the value of your home by adding to its curb appeal. Though front-yard fences are often more for decoration than function, they can add value by improving security. Popular types of fences for the front yard include picket and wrought iron.
2. Security.
A fence adds a sense of security and privacy, which is valuable for families with children and pets.
For the backyard, a high-quality privacy fence — typically between 6 and 8 feet tall — can help provide peace of mind for parents of small children and pet owners.
3. Durability.
Quality materials and professional installation mean the fence will last long, minimizing repair costs for future owners.
The value a fence may add to your property depends on a lot of variables, including the type of material it’s made from. While the precise value of a fence is hard to measure, you may be able to recoup about half the price you paid for it when the home is sold. But the value of time spent with your family in your backyard cannot be measured, it is priceless and forever in your memory.
By investing in a quality fence, you not only improve the appearance and security of your home but also increase its market value.
