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A wrought iron fence is generally considered a worthwhile investment, provided the cost fits your budget and its characteristics meet your needs. While it is an expensive material, its exceptional durability and longevity mean you can save money over time by not having to replace it.

Key benefits include:

• Durability and Security: Wrought iron is strong and provides excellent security for your home.

• Longevity: With proper maintenance, it can last a lifetime or longer.

• Aesthetics: It offers a classy, timeless, and elegant look that can boost your home's curb appeal and property value, especially when complementing brick or stone architecture.

However, it's important to note that wrought iron fencing does not offer much privacy. If professionally installed and maintained, it is a sound long-term investment.

The legal implications of installing barbed wire fencing will vary from city to city. You should check your local regulations to see if barbed wire fencing is allowed, and what restrictions exist. For instance, some municipalities might require that your fence be a certain height and a certain distance from your home.

Generally, the height of your dog fence should be 3 times the distance from the ground to your dog’s shoulder. For most small breeds, a 4-foot high fence will be more than enough to keep them from jumping out. Medium-sized breeds like Golden Retrievers, Labradors, and German Shepherds will need at least a 5-6 foot fence to stay contained. Large breeds that are also excellent jumpers, such as Greyhounds, may need a 7-foot high fence. 

The best wood for fence posts are redwood, cedar, and pressure-treated pine. Wood posts made from these materials will typically lasts between 15 and 30 years, depending on the specific type you choose and your local climate. With proper care and maintenance, a fence post made of these materials can withstand most weather conditions.