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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.

In the vast majority of cases, chain-link fences are less expensive than wood fences. Installing a wood fence costs anywhere from 20% to 30% more than a chain-link fence, or an average of $3,100, whereas a similarly sized chain-link fence will average around $2,400. Even with add-ons and additional protective finishes, a chain-link fence is very likely to cost you less than a wood fence. The only exception would be a split rail wood fence, which can cost about half the price of a chain-link fence or less.

To choose where to add a fence gate, know where fence gates shouldn’t go. For example, you should avoid placing gates over low spots on the ground where water can collect and form muddy puddles. Many ranchers install gates at the corner of a fence. Certain gate placements may also be required depending on the type of gate latch you use.

You can use soil and gravel instead of concrete when setting fence posts. However, concrete is more durable and longer lasting, so it's worth considering if you want your fence to withstand the test of time. You should especially consider concrete if you live in a region that experiences severe weather, which can damage your fence.