Can Adding a Fence to Your Home Increase Your Property Taxes?

 

If you're planning on remodeling your home this year, adding a fence may be on your list of things to do. While many consider fences aesthetically pleasing, they can also help keep pets and children safe by adding a barrier between the yard and the outside world. But if you plan on adding a fence to your property, it's important to understand that this addition could impact your property taxes.

Yes, Fences Can Raise Property Taxes

Unfortunately, adding a fence to your home can sometimes increase your property taxes in a few different ways:

1. If the fence is considered an improvement to your home, it can increase the assessed value of your property.
2. If the fence is on the boundary of your property, it can be used to determine the size of your lot, which can also affect your taxes.
3. Some municipalities have specific regulations about fences that could impact your taxes.

Types of Fences That Increase Your Property Taxes

Wood barriers are the most common type of fence, and they can increase your property taxes. Vinyl fences are also popular, and while they may not raise your taxes as much as a wood fence, they can still have an impact. Metal fences, such as wrought iron, have also been known to increase property taxes.

If you're considering adding a fence to your home, research how it could affect your property taxes.

Will an Extra Fence Affect Your Home Value?

If your municipality has an ordinance that requires homeowners to keep their property line clear, you may be required to pay higher taxes if you add a fence. However, your property taxes may not be affected if you live in an area with no such ordinance. Check with your local government before adding a fence to see if it will impact your property taxes.

If you feel the burden of your property taxes weighing on you, know that you have options. In fact, our team here at P.T.R.C., Inc. is ready to help you get your property taxes lowered!

Contact Us for Property Tax Reduction on Long Island

Here at P.T.R.C., Inc., we are determined to help our clients pay the lowest amount of property tax as required by law. Contact us today to see how we can help you: info@ptrc.com