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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.

Permit requirements for new fencing vary based on location. Typically, fences less than 6 feet tall in your backyard do not require a permit. Fences in the front yard usually have a lower height cap. There can also be exceptions if you live in a highly populated area or an area with mixed residential and commercial zones.

In most cases, trees need to be protected from deer all year round. This is especially true if you want to protect small trees from deer or if you just planted some fresh, new trees. Once a tree is a few years old, you likely do not have to worry about protecting it from deer as it will be stronger and can handle a little damage.

Wood fences last an average of 15 years but can have a life span of 20 years or more depending on the type of wood used, your local weather, and how well you maintain it over the years. Pine fences will only last five to 10 years if untreated, but pressure-treated pine fences will get you to 20 years. Cedar’s natural resistance to the elements lends it to a remarkable lifespan of 40 years or more.