Why fencing is important?

The value that a fence can add to your property depends on various factors, including the type and quality of the fence, the purpose it serves, and the preferences of potential buyers in your area. While a well-maintained and appropriately designed fence can enhance the appeal and functionality of your property, it’s important to note that the value added may not always directly translate into a significant increase in the overall property value. Here are a few points to consider:

• Curb Appeal: A visually appealing fence can enhance the curb appeal of your property, making it more attractive to potential buyers. Aesthetically pleasing fences, such as ornamental iron or wooden picket fences, can contribute positively to the overall impression of the property.
• Privacy and Security: Fences that offer privacy and security can be attractive to buyers, especially those with children, pets, or a desire for a secluded outdoor space. Fences that provide privacy from neighbours or shield the property from busy roads or unwanted intrusions can be appealing selling points.
• Functionality: Fences that serve a specific purpose, such as keeping livestock contained or defining property boundaries, can add value for buyers with specific needs. For example, a farm with appropriate fencing for livestock management may be more appealing to buyers in the agricultural sector.
• Market Demand: The desirability and market demand for fences can vary depending on the local real estate market and the preferences of potential buyers in your area. Researching the trends and preferences of buyers in your location can help you determine the potential impact on property value.

There are several ways to know the current value of a property, here are 3 such ways: 

• You can go on Real Estate portals like Magic Bricks, Housing.com, 99 Acres, Common Floor etc. and search for the location where your property is located. This will give you an idea of the quoted price for similar properties in your locations.
• There are several apps available on Google Play Store and Apple App Stores where you can enter your property details and get a price estimate instantly. One such app is Zone Matrix.
• You can get a certified property value appraiser who will charge a fee but calculate the value of your property. These appraisers can be found by doing a Google search or on Justdial. 

So, how does a property value increase?

• Your property documentation and title of your property should be clear. With regards to documentation, here are some of the documents that you should have: Letter of allotment, Sale deed. Sanctioned plan, Society documents, Encumbrance certificate and Sale agreement.
• Your property value will also increase if there are a lot of developments happening in your surrounding such as a road, mall or metro station or event buildings like courts, hospitals and educational institutions. 
• Your property will also command a higher price if the boundaries of it are well secured with either a compound wall or a well-constructed fence. 

It’s important to note that the value added by a fence may vary from property to property and can be subjective. While a fence may enhance the appeal and functionality of your property, it’s recommended to consult with local real estate professionals or appraisers who have expertise in your specific market to get a better understanding of how a fence could potentially impact your property value.