Impact of Fencing on Property Values in Georgia

Impact of Fencing on Property Values in Georgia

Installing a fence can affect your property’s value in both direct and indirect ways in Georgia. From boosting curb appeal to giving you a break on your insurance, some of the benefits of fencing may surprise you. 

Is this investment right for your property? Take a closer look at the impact installing a fence can have on property values in Georgia.

Boosts Your Curb Appeal

Installing a fence around your property gives you the opportunity to add a touch of class to the exterior of your home. There are several types of fences, and each type will say something different about your home. To customize the style of your property, you can choose from a wrought iron, wood, or vinyl fence with matching fence gates

The fence you add to your property can fit your home’s existing color or style, or you can install a fence that adds a little contrast. You can also use a fence to help your house stand out against the other homes on your street. This can be especially beneficial if most of the houses lining your street share similar architectural styles. 

Increases Buyer Interest

Most home buyers are already aware that a property fence offers unique benefits in protecting private property. For that reason, many buyers will focus their searches on homes with fences. Especially when a buyer has children or pets, they will want that extra layer of protection.

If a home meets a buyer’s needs but lacks a fence, they may pass on the property. Many buyers won’t want to pay for a fence installation right after buying the real estate. Even if your home doesn’t meet all of a buyer’s requirements, a property fence can motivate them to place an offer. Gaining all of the advantages of having a fence without having to pay for the installation can be a major draw for buyers.

Raises Your Home’s Market Value

There are different types of fences you can choose from, such as pressure-treated pine, vinyl, or ornamental fences. No matter which fence matches your interests and fits your budget, the fence will pay for itself over time. And if you decide to sell your home, you’ll find that your fence contributes to a higher market value. 

This increase in market value can help cover the cost of installing the fence and ensure you get the most out of your property sale.

Gives You a Break on Your Insurance

Make sure to inform your insurance company after you have installed a fence. You’ll want to verify that your policy covers this addition to your property. Additionally, many insurers offer discounts for homeowners who make this type of upgrade to their properties. That’s because a property fence can reduce the risk of things like burglary and vandalism.

Many home buyers are aware that a fence provides these insurance discounts. As a result, they may be willing to pay more for a home with a property fence if it means enjoying long-term insurance savings. An experienced real estate agent will use the fence as a selling point for your home, knowing that it will appeal to buyers. 

Offers a Potential Tax Deduction

A property fence can affect your taxes in a couple of different ways. First, you should expect your property taxes to increase once you install a fence. Any improvement to your property that increases its value will raise your property taxes. As long as you prepare for this eventuality, the modest tax increase shouldn’t come as a surprise.

There is a positive aspect to taxes related to fencing, however. When you hire professionals for the fence installation, the materials and labor are all typically tax deductible. You can only claim this deduction for the year of the fence installation, but this can be a significant one-time tax break.

Decreases the Need for Property Maintenance

Substantial labor and expenses can be involved in establishing attractive curb appeal. Most outdoor property wear and tear comes from external forces. The wind blows debris onto your property, people and pets trample your lawn, and criminal trespassers can damage your property. 

A fence eliminates these threats and helps you take better care of your property with less effort.

Expert Fence Installation in Georgia 

East Georgia Fence installs a variety of fence types, and our experienced team can help you choose the best fence for your property. Whether curb appeal, security, or privacy is your primary interest, we can install a fence that you’ll love for years to come. Request a free estimate to get started today.