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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.

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.

Typically, a fence requires one to two coats of stain. The exact number can vary depending on the porosity of the wood. For specific guidance, it's best to check the manufacturer's instructions. After applying the first coat and letting it dry completely, you can assess the finish. If it appears patchy, uneven, or you want a more saturated color, a second coat is recommended. An extra coat can also help cover lap marks.

Retaining walls offer more value to a home if they also divert water, prevent erosion, or help support a foundation. The ROI of a retaining wall is between 100% and 200%.

Both fences and walls can increase your home’s value, but you’ll spend significantly more on a wall than you would on a fence. A stone wall costs approximately $5,000, a retaining wall costs $6,100, and a fence costs $3,200 on average to put prices in perspective.