One way to increase a home’s appeal is by adding a custom fence to a property. A quality custom fence can do a lot of things, including keeping out wildlife and keeping pets and children safe.
By having a fence, your home's curb appeal can shoot up. It depends on the local market and who is looking to buy whether or not the monetary value will go up by having a fence. However, if you have home buyers in the market who have pets, have children, have grandchildren, or are looking to have any of these things in the future, they may be more enticed to buy a home that offers a fenced in yard.
In this blog, we will discuss whether or not a fence is a worthy investment to help increase ROI on a home that you plan to sell at some point. By the end of this article, you will also have a strong grasp of what to look for when deciding what type of fence is best for property appeal.
What To Consider
1. Cost v. the Benefit of Adding a Fence
Installing a new fence can be fairly pricey, depending on materials and style. Maybe you only need something simple to keep out wildlife, or you want to accentuate the aesthetic of your half-million-dollar home. Whatever your goals, there are a few things to consider when choosing fencing, especially when you plan to eventually sell your home.
2. Fencing Materials
One of the most important things to consider when choosing a fence is the materials. There are a multitude of different materials that make up fencing, and they can easily have a substantial effect on a property's resale value.
Consider the simple chain link fence. These fences are low-cost and easy to maintain. Most important of all, you can affordably fence in a significant amount of land. While this style of fence can help improve your property value, a more aesthetically pleasing fence will give you more ROI.
One of the most aesthetically pleasing styles of fence is the PVC or vinyl fence. This material is probably the best option for protecting your property while also improving value. Not only is PVC very easy to maintain (much easier than wooden picket fencing), but it is also fairly affordable. This allows for the return on investment to be much higher than other options, such as wood or ornamental fencing.
Ornamental fencing is often made of some sort of metal, typically aluminum or steel, and is fashioned in such a way that it matches the style and architecture of a property. While ornamental fencing is beautiful and drastically increases curb appeal and property value, this style of fence is very expensive.
3. Proper Installation Goes a Long Way
Many homeowners do their best to take on projects themselves, fencing being a prime example. The cost to properly install a fence can fill a homeowner with dread, so they go off and purchase materials to install themselves. In many cases, this is a terrible idea.
Installing fencing is not as easy as it seems. There are plenty of things to consider when planning a fence installation that most homeowners have no idea about. This can lead to failures in a fence, and nobody wants that.
At the end of the day, it is best to have your fence professionally installed by a trusted contractor who knows what they are doing. In most cases, these contractors warranty their work and are also insured just in case something goes wrong. Additionally, a properly installed fence just looks better, boosting the property value of your home, as well as your confidence in your new fence's longevity.
4. What Is the ROI on a New Fence?
The ROI on a new fence can vary depending on the type of fence, the materials used, and the labor costs. However, in general, a new fence can provide a good return on investment.
Of course, the actual ROI will vary depending on the specific circumstances. As discussed above, this all depends on material, aesthetics, and who is looking to purchase. However, a new fence can be a wise investment that can provide both aesthetic appeal and practical benefits.
Real estate experts at HomeLight estimate that landscaped homes sell for 1-10% more than non-landscaped homes. Landscaping includes fencing, which can tie your entire landscape together and give it a more manicured appearance.
Build a Fence to Increase Your Property Appeal
So what’s the verdict? It’s hard to truly measure the monetary gain of having a fence. There are too many variables. However, having a turnkey answer for pet owners, parents, and grandparents can be a real value-add for these types of buyers, and could translate into faster offers or possibly more money.
Installing a top-quality fence is a great way to increase your curb appeal, and possibly property value. With all of the incredible styles and features of modern fencing, now is the time to begin planning your fence.
If you are ready to make the jump to adding a high-quality fence to your property, you must work with experienced experts that you can count on. This is especially important when your fence will need to stand up to Asheville weather.
Asheville Fence is here to help if you want a fence that will elevate your landscaping and improve the curb appeal of your Asheville or Hendersonville home. For properties in western North Carolina, we offer fencing products and installation. You can rely on us to provide the fencing you require to meet your needs and raise the value of your home.
For more information on how you may have a fantastic fence at your house in the Asheville or Hendersonville area, contact us today!