Does a fence add value to your home? In nearly all cases, the answer is yes. So if you’re looking to improve your home’s value and aesthetic appeal, you may want to consider adding a fence.
Of course, installing a fence around your home’s perimeter can be a slightly costly investment. As such, you may want to figure out just how much value a fence will add before installing one.
In this article, we’ll be figuring out how much value a fence can add. We’ll also discover which types of fences increase property value the most. So read on!
Does a Fence Add Value to Your Home?
If your home has a yard but no fence, you’re not fully utilizing your property! Adding a fence could not only increase your backyard privacy and help keep your pets safe, but it could also add value to your home.
It’s crucial to note that many home improvement projects can increase your property value. Adding a fresh coat of paint, upgrading to energy-efficient home appliances, and adding a hi-tech security system are great examples.
But adding a fence is both a practical and valuable investment, resulting in short-term and long-term benefits for your household and your wallet. Still, how does a fence increase a home’s value?
Why Does a Fence Increase Home Value?
Nearly any type of long-lasting household upgrade can increase your home’s value. That’s because general maintenance, repairs, and upgrades keep a house feeling fresh, modern, and welcoming.
Still, adding a fence might not be at the top of your project list. But perhaps it should be!
Installing a durable fence along your property’s perimeter is an investment that can provide many returns. Generally, you can expect to see up to half of your initial spending added to your home’s overall value.
For example, if you spend $5,000 to install a new fence around your home, your home value can increase by about $2,500. But, of course, the precise amount of added value varies depending on the exact property and fencing.
How Much Value Does a New Fence Add?
Adding a fence to your yard is bound to increase your property value, but figuring out this increase can be challenging. After all, a home’s estimated value is essentially a combination of several factors.
In most cases, a home’s value depends on its:
A home in a dangerous neighborhood will naturally have a lower market value than one located in a safe community. Age also influences value, with many older homes selling for less than new ones.
Additionally, there’s the condition to consider. Houses that need expensive repairs won’t attract many buyers, much less sell for a hefty profit.
Older homes that lack timely renovations can also quickly fall by the wayside. After all, a house built in the 1950s might lack an internet connection or central air conditioning. That’s virtually unliveable nowadays.
You’ll need to consider all of these factors when estimating the total value a fence could add to your home. It’s also an excellent idea to choose inherently valuable, high-quality fencing.
Factors That Influence Fence Value and Quality
The precise amount of value that a fence could add to your home varies. But the better the fencing, the more likely it is to boost your property value.
Factors that influence this potential increase include:
Let’s explore these crucial aspects in greater detail to help you choose the highest-value fencing for your home. After all, if you’re going to install a new fence, you might as well make sure that you’re investing in the best!
Fences can be made of a wide variety of materials. However, some materials are far more practical, durable, and valuable than others.
When selecting a fencing material, you’ll likely choose one of the following:
The material that you select for your new fence could be the most crucial decision you make. Not only do these materials differ significantly in terms of price, but they also have distinctly different long-term values.
Let’s take a moment to explore each of these options in greater detail to discover which might be the best choice for your property. To start, let’s examine the most popular choice: Wooden fencing.
Wooden fencing is one of the most common types of fencing. It can also be one of the most affordable and aesthetically pleasing options.
Bamboo and pine, for example, are budget-friendly materials that make for solid, welcoming fences. That said, these types of wood can rot over time, especially if left unprotected.
Many homeowners choose to invest in cedar or oak due to their increased durability and weather resistance. That said, any unfinished wooden fencing will require a bit of extra care and maintenance.
If you do choose to install a wooden fence, you’ll need to stain and seal your wooden slats to protect them from UV damage, excessive moisture, rot, and burrowing insects.
Vinyl fencing has become massively popular over the last few decades due to its durability, ease of maintenance, and range of styles. If you’ve ever seen a bright white fence that seemed to shine in the sun, it was likely vinyl.
Unlike more straightforward wood options, vinyl fences are mid-range options that can add a decent amount of value to a property. However, some homebuyers may not appreciate the synthetic look and feel of this material.
As with wood materials, metal fencing can vary significantly in price, style, and durability. For example, budget-friendly chain link fences are made of metal, but they don’t add much privacy or value to a home.
Alternatively, wrought iron fencing could add a ton of value to your property, but it can be pretty expensive. Of course, if you’re fencing in a smaller yard or property, investing in this stylish metal fencing could be worthwhile.
Powder-coated aluminum fencing is an intelligent mid-range option within this category, and it’s often as durable as vinyl fencing. That said, the cost of installing metal fencing can be intimidating.
Still, it’s essential to remember that the more funds you invest in your new fence, the more your property’s value is likely to increase as a result. For that reason, you might want to choose a high-quality composite.
Composite fencing is an excellent option for properties of all types. However, it’s also one of the priciest fencing materials available. This type of fencing is made of a mixture of hard plastic and natural wood.
This gives it a natural look but a synthetic level of durability. As a result, composite fencing won’t need to be stained, protected, or repaired like traditional wooden fences. Even better, this material can last for decades.
Homeowners hoping to increase their home’s value by adding a fence should consider investing in composite materials. Not only is it one of the highest-value options, but it’s also attractive and easy to maintain.
No fence would be complete without a gate! However, some gates add more value than others.
If your primary objective is to boost your property value, you may want to choose a composite fence gate.
This material has an attractive natural look but an exceptional level of durability. Many gates made of composite materials also feature contemporary designs and features, making them ideal for modern homes.
Of course, if you’d rather your property exude a quaint country aesthetic, you can always opt for a simple half-sized garden gate. Still, this type of fence gate won’t offer much security.
After choosing a fencing material and gate that works for you, it’s time to think about installation. To ensure your gate is securely installed, you may want to consider contacting a professional gate installation company.
Though it might not seem like an obvious factor to consider, installation can make or break a fencing project.
For example, improper installation could result in an uneven fencing height or significant gaps between slats and supports. Additionally, poor installation techniques could drastically shorten the lifespan of a fence.
Even the most durable materials can buckle or break when they’re not correctly secured and installed. As such, you’ll need to decide between DIY and professional installation services when adding a fence to your property.
Generally, it’s always better to hire professional installation experts rather than attempting to go it alone. This is especially true of homeowners hoping to fence in large yards.
A team of installation specialists can also help you stick to city or county building codes, helping you avoid violations and their associated fines.
Benefits of Installing a New Fence
There are plenty of reasons to add a fence to your yard. In addition to boosting your property value, a high-quality fence can:
- Increase Privacy
- Establish Property Borders
- Make Backyard Playtime Safer
- Improve Exterior Aesthetic
Whether you’re hoping to make your home more secure or enjoy a more private outdoor space, a fence could be the perfect solution.
So, if you’re on the fence about this home upgrade, consider these benefits a little more deeply. Naturally, one of the most significant advantages of having a fence is privacy.
Perhaps one of the most significant benefits of installing a fence is increased privacy. After all, when your backyard area lacks fencing, pretty much anyone can see into your outdoor spaces.
Having some privacy from neighbors and the odd passerby is crucial to feeling secure while at home. Privacy is also an essential part of relaxing and feeling comfortable with ourselves.
Backyard barbeques and sunny afternoons on the back patio could be far more enjoyable when you know that you’re safe from prying eyes.
Establish Property Borders
Putting down a fence is a great way to establish and maintain your property borders. While this might not seem like a great idea, it can make figuring out your home’s square footage far easier.
Additionally, a fence that sits along a yard’s property border can help you avoid border disputes with neighbors. Even better, a perimeter fence is a fantastic way to take charge of your outdoor space.
Remember, you can plan outdoor projects quickly and confidently when you know precisely how much yard space you have. Fencing can also help keep pets and young children protected while playing outside.
Make Backyard Playtime Safer
Backyard spaces that aren’t fenced in can feel free and open. But this spaciousness comes at a cost to your home and household’s security. Adding a fence is a great way to ensure safer outdoor playtime for everyone.
When you have a fence, your dogs can enjoy safe outdoor adventures. You don’t need to worry about your dog running out into the street when you have a tall, solid fence around your property perimeter.
Fences are also helpful for keeping little ones safe while they’re playing in the backyard. They can also help ward away unwanted guests or burglars, making your home that much more secure.
If you’d like, you can even equip your fence gate with an access control system for added peace of mind. That way, only individuals with your unique access code can enter your backyard!
Improve Exterior Aesthetic
Though many homebuyers now shop online, curb appeal remains one of the most crucial aspects of selling a home. If potential buyers see a lackluster or unkempt home exterior, they’ll likely continue searching elsewhere.
Adding a fence to your property is an excellent way to improve your property’s exterior aesthetic. This simple addition could attract more buyers than ever, helping you sell your home more quickly and profitably.
Increase Your Home’s Value With a New Fence
Does a fence add value to your home? The answer is a resounding yes! But, of course, the amount of added value depends on the type of fence you choose to install.
Generally, wood and metal fences add the most value to a property. However, tall fences equipped with secure gates may be the most valuable option, as they offer increased privacy and security to homeowners.
If you live in Southwest Florida and need professional fencing services, please reach out and contact us today.