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Retaining walls offer more value to a home if they also divert water, prevent erosion, or help support a foundation. The ROI of a retaining wall is between 100% and 200%.

Both fences and walls can increase your home’s value, but you’ll spend significantly more on a wall than you would on a fence. A stone wall costs approximately $5,000, a retaining wall costs $6,100, and a fence costs $3,200 on average to put prices in perspective. 

Most homeowners who install a wrought iron fence do so because it provides security. The material is sturdy and deters intruders from entering your property. They're also built to last and won't rust if you purchase a galvanized iron fence. So, you don't have to worry about replacing fencing every few years like you might with wood or other less expensive materials. Most homeowners also adore the look of wrought iron fencing, which adds a timeless look to just about any style home.

Fences made out of redwood, cedar, or pressure-treated pine are the most durable. These materials can last anywhere between 15 to 40 years so long as they are properly maintained. Make sure to clean your fence regularly and pressure wash once a year. After pressure washing, apply a sealant and/or fresh paint to keep it looking fresh.

This depends mainly on how well the posts were installed and what type of wood was used to build the gate in the first place. Softwoods have a life expectancy of up to 15 years but can last slightly longer with regular maintenance and waterproofing treatments. By contrast, hardwoods can last up to 30 years with little care, so you may avoid costly replacements by spending a little more upfront.