If you’d want to sell your home in the future, you might be searching for ways to improve its value. If so, you don’t need to do expensive upgrades. Sometimes, simple updates like refreshing the paint, cleaning and decluttering it, and increasing usable square footage will do.
How Fencing Improves Property Value
Another upgrade you might need to learn about that can increase your property’s value is fencing. However, this has to be done in the right way. An expert is preferable if you need help understanding how to carry out this task. They’ll install the fence professionally to withstand harsh weather and other factors. If the fence can remain in excellent condition for years, it could be your selling point. Therefore, if you need Albuquerque fencing services, you should look for a reliable, licensed, and reputable company within the area.
That said, here are some viable reasons why fencing can increase your home’s value:
Everyone wants to live in a well-secured house. A fence increases your home’s security by clearly defining your property’s boundaries. It reduces the risk of encountering trespassers. Additionally, if your house has a backdoor, it can be an easy entry point for burglars and other individuals with malicious intent to get into your home. However, a well-installed fence that makes the back door inaccessible to intruders enhances security. Notably, these two factors can increase the property’s marketability to prospective buyers.
Furthermore, a fence keeps children and pets safe. Typically, most people with these two factors prefer buying a home that can guarantee safety. This is because pets and kids are curious and wander away if unsupervised. If that happens, they could get hit by a vehicle in the street or be kidnapped.
A home with a fence can significantly appeal to buyers with pets and children. Parents don’t have to worry since their children will be safe in an enclosed play area. Additionally, installing a fence later can take time and cost more, so they’d instead purchase a home with one already installed. Due to these factors, most potential buyers with pets and kids will be ready to pay a higher amount for a home with a fence.
Many potential homeowners prefer houses that provide maximum privacy. They’d want to take coffee undisturbed on the patio or swim freely without worrying about neighbors peeking.
Thus, a fence can enhance homeowners’ privacy by blocking the view of nosy passersby and neighbors. This gives them the freedom to relax, share intimate moments with their loved ones, and do anything they want on their property. If you put your fenced home on the market, enhanced privacy can be a selling point for you. You’ll attract many potential buyers, so you’ll likely get a good amount from the sale.
A property’s curb appeal is the level of its attractiveness as viewed from the street. Some common factors that enhance this are a maintained garden, refreshed outdoor furniture, an updated front yard, or a freshly painted house exterior.
Keep in mind that a newly installed or well-maintained fence can also enhance your property’s curb appeal. This is because it looks more aesthetically pleasing and luxurious.
So, if your house has a better curb appeal than a neighboring property on sale, yours will seem more attractive to buyers. You can use this factor as a selling point and value it higher.
Conversely, potential buyers may be put off if your property’s curb appeal is unappealing. Apart from seeing how unattractive their new home will be, they’ll also consider that they must make several renovations to improve it. It means an additional cost for them, which isn’t something they may be looking forward to.
Fencing Factors That Affect Your Home’s Attractiveness
Although installing a fence can improve your home’s value, some factors can affect your property’s marketability. As mentioned earlier, proper installation ensures that a fence can withstand harsh weather and other adverse conditions. Therefore, this demonstrates that a professionally installed fence will increase your home’s value more than a subpar one.
Here are other fencing factors that can affect your property’s marketability:
A properly sized fence can improve the appearance of your home’s yard and overall exterior. Hence, if your backyard is less than appealing, a taller fence can hide it. That way, your home’s curb appeal will increase, and you’ll get more attractive offers from potential buyers.
Your fence’s material also matters. For example, those made of wood, vinyl, cast iron, or concrete are often more attractive, depending on the color and style used. Therefore, they add more value to your property.
On the other hand, a chain link fence may be cheaper to install, but it’s less likely to increase your home’s value because of its appearance.
The Fence’s Appearance And Your Home’s Style
Your fence must match or complement your home’s style. Otherwise, it’s as good as not having it at all. Your home’s curb appeal may suffer if these elements don’t complement one another. As a result, not many people may be interested in purchasing your property. Lastly, a potential buyer may use this as leverage to negotiate a lower price.
It’s crucial to boost your home’s resale value if you plan to sell it in the future. In this article, you’ve learned that fencing can increase the value of your property since it can enhance privacy, security, and curb appeal.
When fitting a new fence, you must have it professionally installed. Also, pick the right size and material, and ensure it matches or complements your property’s style. It would be best if you remembered that these are all aspects of your fence that may affect the value of your home.