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.

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.

Ideally, your concrete should set slightly above ground at an angle sloping away from the fence post. This will add extra support and allow water to run away from the wood fence post. Keeping water out will help prevent wood rot. Additionally, you can add soil on top of the concrete for a seamless finish. 

The average cost to install a wrought iron fence is around $3,150, with typical project costs ranging from $470 to $10,500. The final price can vary significantly based on several factors, including the fence's total length and height, design complexity, metal thickness, and your property's topography.

For materials alone, you can expect to pay around $25 to $35 per linear foot. When including installation, the cost is typically between $50 and $70 per linear foot.

Additional factors that can influence the total cost include:

• Custom designs, decorative flourishes, gates, and columns

• Labor costs in your area

• The need for permits

• Land preparation, such as old fence removal, tree or bush clearing, and land grading

For an accurate estimate, it is best to consult a professional fence installer with the specific measurements and design requirements for your project.