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In the vast majority of cases, chain-link fences are less expensive than wood fences. Installing a wood fence costs anywhere from 20% to 30% more than a chain-link fence, or an average of $3,100, whereas a similarly sized chain-link fence will average around $2,400. Even with add-ons and additional protective finishes, a chain-link fence is very likely to cost you less than a wood fence. The only exception would be a split rail wood fence, which can cost about half the price of a chain-link fence or less.

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. 

A fence post set in concrete lasts anywhere from five to over 25 years, depending on how well the concrete was applied and the fence post’s material. Untreated wood posts in concrete could last less than 10 years, but a durable, treated wood set in properly applied concrete could last a few decades. However, all fence posts will wear out eventually, so expect to need to replace your fence post every five to 15 years.

Pallet fences come with built-in support through the fence posts you should install on each side of their vertical interior. Stand the fence upright and slide it onto the fence posts, then further support it with 2x4 wood boards that you drill across each point where two pallets connect side-by-side.