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The cost to build a fence is about $3,100 on average, but you could pay anywhere from $400 to $13,700 or more. Your cost will depend on the length, height, and materials for the fence. If you hire a professional installer, labor costs typically represent about half of the total cost of the project. This means you potentially can save quite a bit of money doing the work yourself.

Black chain-link fences last an average of 15 to 20 years. The thicker a fence's wire gauge, the longer it will tend to last. The black vinyl coating gives the fence rust and corrosion resistance, but its life span may be lower in wet, humid, or coastal climates where moisture or salty air can corrode the coating more quickly.

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.

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.