Does a Fence Add Value to a Home?

A fence can add value to a home, but this isn’t guaranteed. If nothing else, a new fence will help make your home more attractive than others in your neighborhood. It also helps speed up the home selling process since buyers may be more drawn to your house than similar options. Along with these things, your fence boosts your home’s security, further distinguishing your house from the competition.

For those who are on the fence about getting a fence, we’re here to help. Let’s answer questions about what can happen if you add a fence to your home and whether this will increase your property’s value.

Does a Privacy Fence Add Value to a Home? 

Not necessarily. You could add the best fence in the world for your house. Despite this, your home’s value depends on many factors, including: 

• Your home’s age and condition 
• The real estate market 
• School District
• Mortgage rates

How Can I Figure Out If a Fence Adds Value to My Home? 

Meet with fence professionals to find out if your project will increase your home’s value. You’ll get a project quote that will show you if a fence project fits your personal budget and home-selling timeline. 

According to The Home Depot, it costs an average of $6,700 to complete a fencing job, which works out to $225 per month over two years.  

Meanwhile, Angi notes that a fence project generally takes two to four days to complete. Of course, based on their current workload, fence professionals could take much longer to finish your project. 

Don’t expect a return on your investment right away. Your home will be more marketable if it comes with a fence. On the other hand, the housing market is unpredictable.

Also, a great-looking fence won’t change the fact that your home may have exterior problems. These issues won’t resolve themselves. Homebuyers will notice if you try to gloss over them by building a new fence. Regardless of how appealing your fence is, they will likely keep looking elsewhere for their dream home.

Should I Spend Money on a New Fence or Other Home Exterior Projects to Increase My Home’s Value?

A fence can be a great home investment, but it shouldn’t be your top priority if your goal is to increase your home’s value. Here are other home exterior projects to prioritize over getting a fence:

• Replacing your garage doors
• Installing new siding
• Installing a new front door
• Freshly painting your home
• Paving part of your property to create more parking
• Mowing the lawn and trimming the hedges 
• Building a deck or patio
• Installing a pool or hot tub

What Else Can I Do to Boost My Home’s Value?

There are many things you can do to enhance your home’s interior that’ll help raise your property’s value. These include:

• Fixing or replacing your kitchen cabinets
• Updating your appliances
• Installing low-flow toilets in your bathrooms
• Refinishing or repairing your floors
• Adding more lights
• Upgrading, repairing, or replacing your HVAC system
• Installing energy-efficient windows
• Repairing or replacing your roof
• Adding smart technology and controls
• Cleaning and decluttering your home

In addition, work with an experienced Realtor in West Chester. Your Realtor will help you determine which home improvements will provide the most ROI. They’ll also guide you through selling a home in a competitive West Chester, PA real estate market. 

West Chester Realtor Mike Ciunci Will Help You Get the Best Price for Your Home

As your friend in real estate, Mike Ciunci understands the seller experience and what can happen as you prepare your home to sell. He will help you prioritize exterior and interior home projects and find ways to increase your home’s value. 

Contact Mike Ciunci to sell a home in West Chester, PA.