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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.

The depth of your post hole depends on your post length. If you decide on a two-rail fence, the posts are likely 6 feet long. You want your hole to be at least 1/3 of the post length. In this case, your post hole should be two feet deep.

If you opt for a three-rail fence, the posts will typically be 7 feet long, meaning your post hole should be 28 inches deep.

Privacy fences in residential neighborhoods tend to stand between 6 and 8 feet tall, but local building code usually dictates the maximum height. Livestock fences that border large land plots range from 3 to 6 feet. Shorter, decorative fences, which are common in front yards, are around 3 feet tall, on average. Fence height also tends to vary by material, with wood fences usually sitting at 6 feet tall, and chain-link and wrought iron fences tending to sit at half that.

Most homeowners don't need to inform their neighbors before constructing a fence, according to the law, but you will need to make sure that you’re building on the property line or on your side of the property line. Otherwise, the neighbor could complain, which would require you to tear down and reinstall the fence. In any case, keeping them in the loop is the neighborly thing to do!

Whether you inform your neighbors or not, always use property records and a land survey to ensure your fence stays within your property boundaries.