Money Well Spent: Investing in a Fence to Increase Property Value

March 31, 2024

Fences play a big part in American culture, particularly the white picket fence. A home in the suburbs with a white picket fence came to symbolize the American Dream. These days, many homeowners install fences to add privacy and protect their kids and pets. 

However, did you know that installing a fence can also increase your property value? Here's how a new fence can benefit homeowners and what types to choose. 

Fences Improve Curb Appeal

Houses on the market with great curb appeal sell for 7% more on average than those without it. And it makes sense when you think about it since the exterior of your home is the first scene a buyer sees. As such, it has a huge impact on their first impressions. 

There are many ways to improve curb appeal, such as improving your landscaping, repairing your roof, or installing a new garage door. A decorative fence also increases resale value by making your property more attractive. 

You Add Privacy

A little privacy goes a long way, especially if you're enjoying time with friends or family. A privacy fence lets you create your own backyard oasis, and it becomes an extension of your house. 

Fences can block views of commercial properties, roads, and your neighbor's properties. You can escape to your yard and find time to relax outside without distractions. 

There are many different fence types, including privacy fences, which offer the highest level of separation. 

It's Safer for Kids and Pets

Many buyers look for homes with fences because they have dogs or small children. 

Dogs can still get exercise, but a fence ensures they stay safely in the yard. Solid fences, such as those made of wood or vinyl, are best for pets who might get distracted by other animals or people walking by. 

A fenced yard is also better for small children. It keeps unwanted visitors away and also prevents your kids from wandering into the road or to another house. 

Even if you don't plan to sell your home now, a new fence installation will still help increase your property value in the future. 

Certain Fence Types Add More Value

Wood is one of the most popular materials for fencing. Wood fences look beautiful in any yard and come in a variety of sizes and styles. Many buyers love the look of wood fences. 

Vinyl is another good option. Although more expensive to install, vinyl requires far less maintenance. It won't rot or warp like wood, making it a good choice for hot or humid climates or regions that get a lot of snow.

Buyers searching for their new home will appreciate the fact you've already installed a fence. They can experience all the benefits without the cost of installation. 

Boost Your Property Value

Installing a fence is a great way to increase property value, as long as it's installed correctly. You can make the backyard safer, improve curb appeal, and increase privacy. 

Do you need a new fence for your property here in Lexington, Kentucky? Here at Rio Grande Fence Company, we'll help you select and install the perfect fence for the job. Contact us to get started.