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The average lifespan of a wood fence is 15 to 20 years, but some can last for 40 years or more depending on several factors. The type of wood is crucial; for example, untreated pine may only last 5 to 10 years, while pressure-treated pine can last up to 20 years, and cedar's natural resistance can extend its life to 40 years. Other factors include local weather conditions, with wet and windy climates causing faster deterioration, and the quality of maintenance. Higher-end wood, metal posts, and privacy fence styles also tend to last longer.

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.

The standard height for a split rail fence is three or four feet. This height requires two to three horizontal rails, making it ideal for homeowners wanting a budget-friendly split rail fence. If you’re hoping to contain agile livestock or animals like dogs, geese, or goats, you may prefer to install a six-foot tall fence with four or five rails or a four-foot-tall fence with three horizontal rails. This will help prevent animals from climbing, crawling, or jumping through the rails.

When deciding to replace or repair your existing fence, consider the 20% rule that fence builders reference. This rule states that if more than 20% of your fence needs repair, you should skip the repair and replace it. Additionally, if your fence is nearing the end of its life, it's often best to replace it.

Repairing the fence is a good option when you have minimal damage or damage from a specific event versus wear and tear. Your fence repair professional can assess the damage and compare the repair price with the cost of a new fence.