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When choosing wood for a fence, consider your budget and geographic region. The most popular and common types of wood are cedar, redwood, and pressure-treated pine. Cedar is a top choice due to its natural durability, resistance to rot and insects, and budget-friendly price. Redwood is another durable, tried-and-true option, though it is typically more expensive. Pressure-treated wood, such as pine, is also a widely used and popular alternative. These materials are readily available at most hardware stores, which makes future repairs and replacements easier. Their accessibility and long-lasting performance make them excellent choices for most fence installation projects.

There are many types of wood fencing that you can choose from. For split rail fencing, the most common wood types are cedar, pine, black locust, and chestnut. The best wood for you will depend on if you like the way a certain wood looks and the availability of the wood type in your area.

Most of the wood types you can find at your local home improvement store are good choices since they all have rot-resistant properties or are pressure-treated with pesticides. If none of the wood options speak to the look you’re going for, check out vinyl fencing.

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.