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All fences offer some degree of privacy, but standard perimeter fences may not be designed with that in mind. Dedicated privacy fences, however, tend to enclose smaller areas and feature more high-end materials that truly emphasize seclusion and comfort. Additionally, privacy fences typically offer fewer gaps to peek in through than standard fences, though you can likely adjust that to suit your preferences. 

A wrought iron fence is generally considered a worthwhile investment, provided the cost fits your budget and its characteristics meet your needs. While it is an expensive material, its exceptional durability and longevity mean you can save money over time by not having to replace it.

Key benefits include:

• Durability and Security: Wrought iron is strong and provides excellent security for your home.

• Longevity: With proper maintenance, it can last a lifetime or longer.

• Aesthetics: It offers a classy, timeless, and elegant look that can boost your home's curb appeal and property value, especially when complementing brick or stone architecture.

However, it's important to note that wrought iron fencing does not offer much privacy. If professionally installed and maintained, it is a sound long-term investment.

Who pays for a new fence between neighbors depends on its location relative to the property line. If you build the fence entirely on your property, you are solely responsible for the costs of installation, maintenance, and repair. If the fence is built directly on the property line, both neighbors are typically responsible for the costs. In this case, it is essential to consult with your neighbor beforehand to agree on a plan for payment. While you should always inform your neighbor of your plans in advance, you generally cannot force them to contribute financially unless there are specific local laws, such as in California, where both parties might be responsible for costs unless a different agreement exists. It's a good idea to get a property line survey to know the exact boundaries before building.

Since wood is weaker when installed horizontally versus vertically, a horizontal fence is prone to sagging. You can prevent this drooping from happening by building a sturdier fence. Use softwoods that are more stable, such as cedar and redwood, or denser hardwoods for your fence materials. If you can’t afford these pricey materials, use thicker two-by-six pressure-treated pine boards or shorten the span the fence boards have to cover by installing more posts.