Does A Fence Add Value To A Home? (Solved)

Thinking about adding a fence to your property? You might also be wondering if it translates to added value for your home.

Turns out, a fence won’t increase your home's value as much as the cost of installing it. 

In this post, I’ll explain how a fence adds value to home. Plus, I’ll go over property taxes, and answer some FAQs many people have at this point. 

Does A Fence Add Value To A Home?

No, a fence won’t increase the appraised value of your home.

But most people will definitely pay more for a house with a fence than one without it - especially people with young kids or dogs.

It’s a lot cheaper for them to buy a house with a fence than building a new one, so they are happy to pay a bit more. So, this doesn’t mean you'll get all that money invested back when you sell.

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For example, if you spend $5,000 on a fence, you might only be able to recoup $1,000 to $2,000.

Plus, a well-built fence can make a property more attractive, and help the house sell faster.

If you’re going to sell your house soon and you’re planning to build the fence just for the resale value - it's not worth it all. I don’t recommend doing it.

But if you’re going to live in the house for a while and want a fence - install one!

In What Other Ways Does A Fence Add Value?

Even though a fence would not increase the appraised value of your house, it still can add value to it in many other ways. Here are some:

Safety And Security

The biggest perk of putting up a fence is that it will make your home safer and more secure.

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If you've got little kids or pets running around, a fence can give you that extra peace of mind knowing they're contained and can't accidentally make their way out onto the street or anywhere else they shouldn't be.

Plus a fence can also be a deterrent for anyone thinking about trying to break in or trespass.

It can also keep out wild animals and pests off your property.

Privacy

A fence can give you the privacy you might be missing in open spaces.

It creates a visual barrier between your property and the rest of the world.

So when you're out in your backyard, you don't have to worry about nosy neighbors or people passing by getting a good look at everything you're doing.

You can enjoy your outdoor space without feeling like you're on display for everyone to see!

Curb Appeal

A well-designed and well-maintained fence can really make your home stand out. 

It can add a touch of personality and charm to your property, making it more visually appealing to potential buyers. A nice fence can make a big difference in how attractive your property looks.

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In fact, a good and aesthetically pleasing fence can even help your home sell faster.

This is because a nice fence can give buyers a sense of the overall quality and attention to detail that's gone into the property.

More Usable Space

A fence can do more than just look good - it can also help you make better use of your property by clearly marking the boundaries of your yard.

Without one, it can be kind of unclear where your yard ends and the public area begins - which can limit how you use the space.

But with a fence, you know exactly what's yours to use.

So you can set up a play area for the kids, start a garden, put out some patio furniture, or whatever else you want to do, and you don't have to worry about overstepping any boundaries or getting into your neighbors' space.

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Noise Reduction

Depending on the type of fence and the materials it's made of, it can actually help cut down on the amount of noise coming in from the outside.

This is especially useful if you live in a noisy neighborhood or near a busy street.

The fence can act as a bit of a sound barrier and make your outdoor space a lot more peaceful and quiet.

Does Adding A Fence Increase Property Taxes ?

When it comes to property taxes, adding a fence to your property is usually not a major concern. 

Property taxes are based on the assessed value of your home and land, which considers factors like location, size, and any big changes or upgrades. 

Unless the fence is a major improvement that significantly boosts the appraised value of your property, it's unlikely to trigger a reassessment or a hike in property taxes. 

So, if you're worried about property taxes, you can breathe a sigh of relief - a fence is unlikely to make a big difference.