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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. 

It is almost always necessary to hire a land surveyor near you to ensure your fence sits on the right side of the property line. Mistaking the shape of your property can lead to fines and costly changes if you have to move or adjust the privacy fence—not to mention some surly looks from your neighbor. We recommend jumpstarting your fence planning in the spring to ensure there is plenty of time to map out your plan before construction season.

Who pays for a new fence between neighbors depends on its location relative to the property line. If you build the fence entirely on your property, you are solely responsible for the costs of installation, maintenance, and repair. If the fence is built directly on the property line, both neighbors are typically responsible for the costs. In this case, it is essential to consult with your neighbor beforehand to agree on a plan for payment. While you should always inform your neighbor of your plans in advance, you generally cannot force them to contribute financially unless there are specific local laws, such as in California, where both parties might be responsible for costs unless a different agreement exists. It's a good idea to get a property line survey to know the exact boundaries before building.

Both nails and screws are common in fence construction, including on pickets. Some builders prefer to use nails when connecting the pickets to the rails and screws when connecting the rails to the posts. However, the best option usually depends on the type of wood fencing and the variety of wood you choose.