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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.

When it comes to materials, wire fences are the cheapest option. The average cost for a 150-foot wire fence is $1,350. The next cheapest material is chain-link, followed by wood.

As far as the style of fence, smaller, less private fences are cheaper than large, elaborate fences that block your whole yard. That’s why split-rail fences are the cheapest option for wooden fences. They cost roughly $10 to $30 per linear foot.

Yes, installing wrought iron fencing will usually require a building permit, as do all types of fencing. Building permits for wrought iron fencing typically cost between $150 and $500, and the price will vary based on where you live and how much your local building department charges. You may also need to pay for a property survey if you’re installing wrought iron fencing on your property line. This type of survey can cost around $500, but it prevents issues with building on neighboring properties, which can be much more expensive in the long run.

The best type of temporary fencing depends on its intended purpose. For example, if you need it for added security, to ensure the safety of children and animals, or to keep pests out of a garden, the ideal material will differ. For simply warning people away from a construction project, plastic orange fencing may be sufficient. Barricade fencing is a good choice for blocking off small areas. If you need to protect an area from trespassing, theft, or vandalism, more robust security fencing is necessary. Once you understand the primary function, you can select the most durable and cost-effective material for your specific project and yard size.