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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.

While most homeowners aren't required to tell their neighbors that they’re putting up a fence, it's certainly a good idea to do so. Not only is it considerate to give neighbors a heads up about construction noise, but building a fence may limit your neighbors' access to their own backyards while building is taking place. 

A high-quality wrought iron fence is one of the most durable options available and can last a lifetime, or even centuries, with proper care. However, wrought iron is susceptible to rust and corrosion if not maintained.

To maximize its lifespan, regular maintenance is required. This includes:

• Cleaning the fence with soapy water every six months.

• Scrubbing away any rust or corrosion as soon as it appears.

• Applying a new coat of paint or refinishing the fence every few years to protect the metal from moisture and oxygen. The recommended frequency varies, with sources suggesting anywhere from every 1 to 10 years.

If significant rust develops, it's wise to hire a professional fence repair company to clean the rust and reseal the fence. The cost to refinish a fence is typically between $5 and $12 per square foot, a worthwhile investment to ensure its longevity.

Moisture and rot are the largest threat to wooden fences. Stain can help your wood fence last 15 to 20 years, but only if you choose a stain with waterproofing qualities or add a sealant. Oil-based stains create a thicker moisture barrier than water-based stains, though both are mold and mildew resistant. You’ll generally need to re-stain your fence every one to eight years to get full protection.