Fences Add Value
While very few home improvements actually increase the value of your home more than what they cost, a fence can still increase the overall value of your home. The same reasons you are considering adding a fence, such as privacy, beauty or security, are the reasons a fence can add to the value of your home. When it comes time to sell your home, having a quality fence may be the final deciding factor between your home and another comparable home that buyers are considering.
Value Benefits Of Adding A Fence
Most home improvements cost more than they add in value to the home. Fences are no different. Spending $3,000 on a new fence does not necessarily mean your home will be worth $3,000 more. However, it can contribute to the overall value of what your home has to offer. Value comes down to desirability; if something makes your home more desirable, then it is adding value to your home. Some reasons why a fence can make your home more desirable or valuable include:
Curb appeal. One of the biggest factors in a home's value is curb appeal. First impressions are important and one of the first things people see when they pull up to a home is the fence. A beautiful fence can add dimension and style to a home, especially front yard fences that are specifically designed for aesthetic purposes. Often a fence is the final piece that pulls the home all together, giving a decorative border to your home.
Function. For families that have small children or own pets, a fence may be a deal breaker. Most people want the security of a fence for their children, human and furry ones. While they could add their own fence, most prospective buyers prefer a home that already has what they need.
Cost. Fences cost money. When your home already has a fence installed, potential buyers recognize that they have one less expense to add to the price of the home after the final purchase price.
Whether you are planning to stay in your home for many years to come or are planning to sell in the near future, a fence can add beauty, security and value to your home. Very few home improvements can do all these things, making a great investment into your property.