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Corrugated metal is a strong, long-lasting material. A corrugated metal fence will typically last several decades, and the metal panels themselves may last for 40 to 60 years. The main thing you should be concerned about is the fence posts. Wood fence posts will last about five years if you purchase them untreated or about 15 years if you treat them after installation. Keep an eye on your posts and look out for insect damage and rot.

In most cases, wrought iron fencing will cause your property value to increase. Most types of fence—but especially high-quality wrought iron fences—make your home more secure and deter burglars, which adds to property value. Fences can also help keep children and pets safe, which most homebuyers will appreciate. Wrought iron fences are also highly decorative, and while they don’t provide much privacy, they do add to your home’s curb appeal, which often leads to higher home value.

How much does a privacy fence cost? Stockade fences cost $12 to $13 per linear foot for materials. You may find fencing that costs less, but it’s likely wholesale wood manufactured using young trees. Fencing materials made with young trees are less durable than those made with mature trees.

For installation, expect to pay $30 to $80 per hour. Installing a 150- to 200-linear-foot fence takes 20 to 35 hours, which comes to about $600 to $2,800 for labor.

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.