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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. 

In the vast majority of cases, chain-link fences are less expensive than wood fences. Installing a wood fence costs anywhere from 20% to 30% more than a chain-link fence, or an average of $3,100, whereas a similarly sized chain-link fence will average around $2,400. Even with add-ons and additional protective finishes, a chain-link fence is very likely to cost you less than a wood fence. The only exception would be a split rail wood fence, which can cost about half the price of a chain-link fence or less.

A chain link fence typically lasts between 15 and 20 years, but with proper maintenance, it can last for 30 years or more. To preserve the fence, it's important to keep the mesh wire tight, which can be done with a come-along tool every 6 to 12 months. Investing in a fence with a galvanized, powder-coated, or vinyl-coated finish can increase its lifespan to 20 to 30 years and reduce maintenance needs, as these coatings provide extra protection against the elements.

In most cases, a fence can only be built on your property with your consent. Not obtaining permission constitutes an encroachment and a violation of your property rights. However, exceptions may apply, such as when the fence is entirely within the property boundaries of the person putting it up and the fence complies with local zoning laws and regulations. If you think a fence infringes on your property or is not up to local standards, consult with local authorities or legal experts to address the issue and protect your property rights.