Have you ever wondered why one homeowner might get more money for their home while other home owners that are right next door may get far less? Why is it that some homeowners sell quicker while others that are in the same neighborhood may take months to be sold or might not be sold at all? Please believe that it is not luck and there is likely something that one house has the other doesnt and that something could be a fence.
Home improvements can go a long way when it comes to increasing your chances of selling your home. There are so many homes that are available on the market so, if your home is on the market there is something that needs to cause your home to stand out. Fencing is one of the easiest ways to increase your homes values. If you are wondering how installing a fence will enhance the value of your home, Im going to enlighten you.
Usually, a privacy fence replacemnet can be anywhere from 4 to 9 feet tall and the installation if put in your backyard for the purpose of privacy will add marketability to your home with your potential buyers. If you are a homeowner that is looking to buy a home and you have pets, like a dog, then they may require a fence and that might be something that they are seeking when looking for properties to buy. Most people that have pets are not looking to buy a home and then have a fence installed, they would much rather buy a home that already has a fence present. Think about how much it will cost to purchase a home and then the cost of having a fence installed on top of that already high buying price for the home.
The standard price for installation of a fence is between $1000 to $5000 in most real estate areas; that is depending on the size of your yard and the materials that you choose to use for the project.
Now, Im not saying that using any type of fence will increase the value of the home. A chain link fence might be less expensive than others but the resale value is also going to be minimal. Now, if you get a privacy wood fence or a fence that is solid concrete or cast iron then then your home has the potential to earn a profit that is at least fifty percent of the installation and materials cost that you paid for it when you are reselling. The materials that you choose to use play a huge part in deciding the value of your appraisal.
When it comes to the assessment of the value of your fence; where the fence is placed plays an instrumental role in the assessment. If you have a privacy fence that is in the front yard, it has the potential to cause the curb appeal to go down but if it were placed in the backyard, then it has the potential to increase the value.
Make sure that whichever fence you choose, that it enhances your homes features and be sure that the materials you use compliment the home and this way you will be more likely to enhance the value of your home.