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Yes, a well-built fence can increase your home value as it improves your property’s curb appeal and also provides enhanced security. Online studies show that fences have a 50% recovery rate, meaning investing $10,000 in a new fence can potentially increase your property value by $5,000 in the end. The number may fluctuate depending on the quality, material, and design of your fence.

How much does a privacy fence cost? Stockade fences cost $12 to $13 per linear foot for materials. You may find fencing that costs less, but it’s likely wholesale wood manufactured using young trees. Fencing materials made with young trees are less durable than those made with mature trees.

For installation, expect to pay $30 to $80 per hour. Installing a 150- to 200-linear-foot fence takes 20 to 35 hours, which comes to about $600 to $2,800 for labor.

While cedar and pine are two of the most common wooden fence materials, everything from redwood to bamboo is also available. You can also purchase pressure-treated wood, which better withstands water damage and the threat of pests. The best wood for your fence will come down to your budget, local climate, and preferred look.

As with any project or material, installing wrought iron fencing has advantages and disadvantages. Some pros and cons of this fence material include:

Pros

• Long lifespan with proper maintenance

• Very durable

• Aesthetically pleasing

• Functional as well as decorative

Cons

• Requires regular maintenance and cleaning

• Expensive compared to other fence materials

• Limited privacy