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Yes, a well-built fence can increase your home value as it improves your property’s curb appeal and also provides enhanced security. Online studies show that fences have a 50% recovery rate, meaning investing $10,000 in a new fence can potentially increase your property value by $5,000 in the end. The number may fluctuate depending on the quality, material, and design of your fence.

If you have the time and the budget, we strongly recommend staining your fence, especially if it's looking a bit tired or hasn't been treated recently. While you may not see the same return on investment (ROI) as you would with a project like a kitchen remodel, staining a fence is one of the best ways to add a facelift to your property—a new fence stain adds serious curb appeal to your home. 

Typically, a fence requires one to two coats of stain. The exact number can vary depending on the porosity of the wood. For specific guidance, it's best to check the manufacturer's instructions. After applying the first coat and letting it dry completely, you can assess the finish. If it appears patchy, uneven, or you want a more saturated color, a second coat is recommended. An extra coat can also help cover lap marks.

If the fence is on one neighbor’s property, that person is responsible for repairs, regardless of who benefits from the fence more. The other neighbor must keep trees and other obstacles from crossing the property line and affecting the fence. If the fence is directly on the property line, though, who owns a shared fence? Many states have laws that address this issue. Typically, the two property owners would share responsibilities and costs for fence maintenance and repair. You may need a property line survey to precisely determine ownership and responsibility.