Is adding a vinyl or wood fence worth the return on investment?

Is adding a vinyl or wood fence worth the return on investment?

New to Real Estate · Fort Myers · Member since 2020 · 49 posts · 18 votes

I am considering installing a fence to my backyard. I would only like to do it however if I will see the return in my appraisal. What are your thoughts. Is it a good investment to get a good return on the investment or should I skip it because this will be a rental property in the next couple months?

0Reply
26 views

3 Replies

Jump to latestLatest
  • New to Real Estate · Houston TX · Member since 2022 · 1 post · 0 votes
    4y

    I would say this adds to curb appeal and desirability. 

    benefiting renters with pets, children, or those that desire privacy. Not sure there is an actual measurable ROI for a fence (could be I am no expert) but it may help the home find and maintain a tenant.

  • Bruce WoodruffPro Member
    Contractor/Investor/Consultant · San Diego / Phoenix · Member since 2021 · 12k+ posts · 15k+ votes
    4y

    I think it almost always adds value. Privacy and safety. Good for pets and kids. How about chain link?

  • Lender · Grand Rapids, MI · Member since 2019 · 175 posts · 82 votes
    4y

    It might make it easier to sell but if it adds anything to appraised value it will be less than the cost of the fence.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.