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Privacy fences in residential neighborhoods tend to stand between 6 and 8 feet tall, but local building code usually dictates the maximum height. Livestock fences that border large land plots range from 3 to 6 feet. Shorter, decorative fences, which are common in front yards, are around 3 feet tall, on average. Fence height also tends to vary by material, with wood fences usually sitting at 6 feet tall, and chain-link and wrought iron fences tending to sit at half that.

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. 

You can buy wrought iron fencing from a trusted fence installation company near you. You could also opt to buy it privately from a homeowner who is interested in recycling their own wrought iron materials. Manufacturers stopped mass production of wrought iron as steel became more affordable to produce, so you likely won't find it in any local big box stores.

There are pros and cons to vinyl fencing. The drawbacks are that it can be expensive up front compared to options like chain-link fencing and that it’s vulnerable to fading. The material is difficult to repair without replacing entire panels or the whole fence, and you can’t paint over vinyl to change the color. However, this material is impressively durable and easy to maintain, making it a good choice for many homes.