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Hedges are a better financial investment for a home than fences in several ways. First, hedges are less expensive to install than fences. Fence installation costs $1,775 to $4,600, depending on the type and size. You can also choose to plant smaller and less expensive hedges, knowing that it will take longer for them to mature. Next, mature hedges add resale value to the home, meaning the cost savings get even better when it's time to sell.

The cheapest farm fences are typically wire fences, which cost less to install than traditional lumber fences. Barbed wire is one of the most inexpensive options due to its simple materials, making it a good choice for low budgets. It is suitable for confining docile animals in large spaces, as it provides a visual barrier and a mild deterrent. Other options like hog wire and woven wire fences are also cost-effective because they require less lumber than a full wooden fence. These types of wire fences are strong, long-lasting, and relatively easy to repair, though they are often considered less aesthetically pleasing than wood.

You can reuse chain link fences as long as they’re in good condition. The best part—reusing it helps you make the most of the cost of a chain link fence. Whether you want to reuse it or consider asking someone to remove it for you in exchange for a free fence, it’s possible. If you can’t find a location for it in your yard, you can repurpose a chain link fence by donating it to a local animal shelter or community garden.

The depth of the fence posts depends on the height of your fence. If you’re installing a 6-foot fence, then digging 2-foot-deep holes for the fence posts will help ensure a secure installation. However, if you’re installing an 8-foot fence, the posts will need to be deeper than 2 feet to support the structure properly. Also, consider how far apart the fence posts should be to provide adequate support.