Can my fence affect my property value?
February 13, 2018
When making long-term decisions about your property, such as installing a fence, it’s important to consider how it could affect the future value of your home.
In most cases, adding a fence to your yard tends to increase the value of your property. This is great news as you are likely adding fencing for a purpose, such as privacy or security, and the increase to your property value is a bonus!
Having a high-quality and properly installed fence means you can make more money if you decide to sell your home in the future, and it is also likely to sell more quickly as many people prefer to buy a home with a fence, especially if they have children or pets.
The increase to your property value depends greatly on the type of fence, the purpose and the property itself. For example, a wood or vinyl fence may increase the value of your property more than a chainlink fence as they are more attractive and provide more privacy.
Also, it’s important that the type of fencing and placement complement the home and the neighbourhood, and that it does not look out of place.
The increase in value that a fence may add to your home depends on many factors, but one way to ensure that you’re making the right decision for your property is to seek guidance from a professional. If you’re planning on installing a fence in the Chilliwack area, contact us - we’d be happy to help!Got a question? Ask us!