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The average cost to install a fence is between $1,800 and $4,500. However, the price can vary significantly based on several factors. For a small DIY project, costs could be as low as $450, while fencing a large property like a 5-acre yard can exceed $43,000. Key factors that influence the total cost include the fence's size and height, the material used, the complexity of the design, site preparation needs, and any additional features like gates. The cost of raw materials, manufacturing, and custom fabrication can also impact the final price.

The type of horse fence that’s most effective in the short term depends on your budget. Plastic fencing works as a temporary fence idea for those on a tight budget but doesn’t offer as much protection. Pipe fencing can be a short-term option as well. Despite its high cost, you can install and remove it easily if you need to relocate your pasture area.

Who pays for a new fence between neighbors depends on its location relative to the property line. If you build the fence entirely on your property, you are solely responsible for the costs of installation, maintenance, and repair. If the fence is built directly on the property line, both neighbors are typically responsible for the costs. In this case, it is essential to consult with your neighbor beforehand to agree on a plan for payment. While you should always inform your neighbor of your plans in advance, you generally cannot force them to contribute financially unless there are specific local laws, such as in California, where both parties might be responsible for costs unless a different agreement exists. It's a good idea to get a property line survey to know the exact boundaries before building.

Hedges are a better financial investment for a home than fences in several ways. First, hedges are less expensive to install than fences. Fence installation costs $1,775 to $4,600, depending on the type and size. You can also choose to plant smaller and less expensive hedges, knowing that it will take longer for them to mature. Next, mature hedges add resale value to the home, meaning the cost savings get even better when it's time to sell.