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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.

Corrugated metal is a strong, long-lasting material. A corrugated metal fence will typically last several decades, and the metal panels themselves may last for 40 to 60 years. The main thing you should be concerned about is the fence posts. Wood fence posts will last about five years if you purchase them untreated or about 15 years if you treat them after installation. Keep an eye on your posts and look out for insect damage and rot.

Most privacy fences are easy to install if you’re going with a DIY-friendly option like a wood fence, vinyl fence, or pallet fence. Since pallet fences come in the form of pre-constructed fence panels, they’re often considered the easiest privacy fence to install. Just get your fence stakes in the ground and slide the pallets onto them before securing them with scrapboard.

The average lifespan of a wood fence is 15 to 20 years, but some can last for 40 years or more depending on several factors. The type of wood is crucial; for example, untreated pine may only last 5 to 10 years, while pressure-treated pine can last up to 20 years, and cedar's natural resistance can extend its life to 40 years. Other factors include local weather conditions, with wet and windy climates causing faster deterioration, and the quality of maintenance. Higher-end wood, metal posts, and privacy fence styles also tend to last longer.