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In most cases, wrought iron fencing will cause your property value to increase. Most types of fence—but especially high-quality wrought iron fences—make your home more secure and deter burglars, which adds to property value. Fences can also help keep children and pets safe, which most homebuyers will appreciate. Wrought iron fences are also highly decorative, and while they don’t provide much privacy, they do add to your home’s curb appeal, which often leads to higher home value.

A barbed wire fence will last an average of 15 to 20 years, but the life expectancy can range anywhere between five and 50 years. Thicker wires last longer, as do fences made with galvanized metal. If the barbed wire fence is in a climate with harsh winters and summers, it likely won’t last more than 10 to 15 years. Failing to keep up with maintenance and repairs will also shorten the lifespan of a barbed wire fence.

The lifespan of a fence can range from 5 to 50 years, depending heavily on the material, local climate, and how well it is maintained. For example, a wooden fence might last 7 to 15 years, while a vinyl fence typically lasts 20 to 30 years. Metal, composite, and glass fences have some of the longest lifespans. Proper maintenance, such as regular cleaning, inspections, and staining or sealing for wood, is key to extending the life of any fence material. Vinyl and composite are durable options that don't require sealing.

How long a wood fence lasts depends on the type of wood and its style. The design of a shadow box fence makes it more durable than other fence types because the alternating pickets disperse the weight across the rails. As a result, you won’t have to worry as much about sagging or failing pickets. However, remember that the hollow design of a shadow box fence makes it more difficult to apply the sealer, which is crucial to extending its life.