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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.

A board on board fence is more expensive than other types of privacy fences. That’s because these fences require overlapping boards, which drives up material and labor costs. On average, a board on board fence costs 30% more than an average wood fence.

Concrete is one of the easiest, most cost-efficient, and most effective ways to stabilize a fence post. To stabilize a fence post with concrete, you’ll dig a hole around the post in question and fill it up with concrete—easy as that. Concrete lasts about 50 years on average, so it’s a long-term solution.

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.