“To fence or not to fence” – that is the question. Getting a new fence can protect your property, improve your curb appeal, and enhance your outdoor living space. But will it raise your property value? It all depends on your reason for getting a new fence and the type of fencing you choose. Read on to learn how fencing impacts home value.
Replacing a Damaged Fence with a New Fence Could Add Value to Your Property
If your current fence is old or damaged, upgrading to a new fence could help your property value. It could also make it easier for you to sell your home in the near future. Buyers will see that you care for your property and will be more liable to put in an offer.
If most of the fence is in good shape and the damage is isolated, fence repair might be the better route to take. You may not get a full return on fence replacement, but you could on fence repair. We’ll go over your options during your estimate so you can plan accordingly.
Upgrading from Chain Link to Privacy Fencing Could Add Value
Privacy fences are more sought after than chain link fences. They look better and provide better security for your yard. If your neighborhood mostly has privacy fences, a chain link fence could be hurting your property value. Making the switch to privacy fencing will increase your buying pool and potential sales price.
Adding Decorative Fencing May Not Add Value
If you want to add a decorative fence or decorative feature to your fence, you may not see much of a return. It could certainly help your curb appeal and landscaping, but it likely won’t increase your property value.
As a rule of thumb, functional elements have a higher return potential than cosmetic elements. Having fresh paint on your interior walls won’t matter much if the kitchen cabinets are falling apart. Prioritize your fence upgrades based on function first. Then add aesthetic upgrades if it fits your budget and overall goals.
Staining Your Wood Fence Could Boost Sales Potential
You may not need to get a new fence to sell your home quickly. As long as the wood fence is still in good condition, you could have it stained to make it look like new. Fence staining is a smart investment whether you plan to sell your home or not. It prevents greying, refreshes the appearance of the wood, and protects against rot and water damage.
We recommend staining your fence every 3-5 years for optimal results.
How to Choose the Right Fence for Maximum ROI
If you’re concerned with property value, weigh out the cost vs. reward for each fence upgrade. If your current fence is in good shape, you may only need a refresh with stain. If it’s falling apart, a new fence could drastically improve your salability and sales price.
If you’re making a decision for your forever home, try not to focus on return-on-investment. Your joy has its own value, so choose something that you’ll love! The fence experts at All Around Fence would be happy to guide you through the process. Give us a call at (443) 838-9374 to schedule your free fence estimate.