As a homeowner in the Chicago area, you’re always looking for ways to boost your property’s value. One often-overlooked way to accomplish that is to increase home value with a new fence. According to the National Association of Realtors, fencing can add up to 20% to a home’s value.
When you consider that the average price of an Illinois home is currently estimated to be around $270,000, new fencing would add approximately $54,000 to the value of your home.
Other Home Fencing Advantages
Beyond basic market value, let’s explore some of the other ways you can benefit from adding fencing to your home.
Added Curb Appeal
First impressions matter, and the exterior of your home is the first thing potential buyers see. A new fence can add aesthetic appeal to your property, making it more attractive to prospective buyers. Whether you choose a classic wood fence, a sleek vinyl option, or an elegant ornamental iron, a new fence adds a polished and well-maintained appearance to your home’s exterior.
Boosting Security and Privacy
In a bustling area like greater Chicago, privacy and security are often top priorities for homeowners. A sturdy fence offers a sense of safety by creating a physical barrier that deters prying eyes and intruders. It also provides privacy, which is a big selling point for many homebuyers. A well-constructed fence can turn your backyard into a private oasis, increasing the overall appeal of your property.
Defining Boundaries and Adding Functionality
Fences do more than just look good—they also serve important functions. A fence clearly defines your property lines, which can be especially useful in densely populated areas. It also provides a safe space for children and pets to play, which is a significant advantage for families. Additionally, if your property includes a garden or other outdoor features, a fence can help protect these areas from wildlife or unauthorized access.
Choosing the Right Type of Fencing for Your Home
When selecting the best fence for your Chicago area home, consider both style and function. Here are a few options that could increase your home’s value:
- Wood Fences: A timeless choice that offers a natural look and can be customized to match your home’s style.
- Vinyl Fences: Low-maintenance and durable, vinyl is a great option for homeowners looking for a sleek and modern appearance.
- Ornamental Iron Fences: These fences add elegance and provide strong security, making them ideal for those looking to make a statement.
- Chain Link Fences: While more utilitarian, chain link fences are durable and effective for securing property boundaries.
The Long-Term Investment
To sum up, while a new fence is an investment, it pays off in the long run. Not only does it increase the value of your home, but it also enhances your quality of life by providing a more secure, private, and functional outdoor space. Whether you plan to sell your home soon or simply want to spend time there and enjoy it more, a new fence is a worthwhile addition.
Ready to Increase Your Home’s Value?
If you’re considering adding a new fence to your Chicago residential property, contact us today at Top Line Fence. With decades of experience and a reputation for quality, we’re here to help you choose and install the perfect fence to enhance your home’s value. Call us for a free estimate and let’s start planning your new fence today!
