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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. 

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.

Silt fences are very effective when installed correctly and used in proper locations. However, there are places where they don’t work as well. This includes property with a concentrated water flow, where runoff could pool or cause a flooding hazard. You’ll also want to use caution when installing in areas susceptible to landslides. Your contractor will follow state guidelines and know when an alternate solution is more effective.

The most affordable metal fence type is wire at just $3 to $5 per linear foot. Wire fences come in a variety of styles and do a good job of marking perimeters and keeping animals in or out of certain areas. While they’re very easy to install and repair, many homeowners find them unattractive, and many homeowners associations won’t allow them.