When renovating an older wood fence, choosing between solid stain and paint depends on the desired look, durability, and maintenance requirements. Stain penetrates the wood, enhancing its natural grain while offering color and UV protection. Paint forms an opaque layer, providing a solid color and protection from moisture. Factors to consider include wood type, fence condition, desired finish, and maintenance preferences. Preparation involves cleaning, sanding, and repairing the fence, while staining and painting techniques vary in application and results. Researching color, gloss, environmental resistance, and maintenance requirements is crucial for informed decision-making.