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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.

Generally, the height of your dog fence should be 3 times the distance from the ground to your dog’s shoulder. For most small breeds, a 4-foot high fence will be more than enough to keep them from jumping out. Medium-sized breeds like Golden Retrievers, Labradors, and German Shepherds will need at least a 5-6 foot fence to stay contained. Large breeds that are also excellent jumpers, such as Greyhounds, may need a 7-foot high fence. 

There are several options for post materials. Depending on where you live, the weather, and what kind of durability you want, you can choose from wood, steel or concrete posts for a barbed wire fence. Your corner and end posts should be especially strong in order to maintain the structural integrity of the fence. 

Wire fences are generally the most inexpensive type of farm fence to install, especially compared to lumber. Barbed wire is one of the cheapest options due to its simple materials, making it a good choice for low budgets and for confining docile animals in large spaces. Other options include hog wire and woven wire fences, which are strong, long-lasting, and relatively easy to repair. While wire fences require less lumber and reduce overall project costs, they are often considered less aesthetically pleasing than traditional wood fences.