I live in a suburb in metro Vancouver (Canada), but the same goes for the US. I'm kind of surprised at how fuzzy the lot limits are. Some examples:
* Sidewalks typically merge with the front lawn; there is no visible property limit.
* Neighboring lots usually are not fenced; random shrubbery or just grass separates lots. What if I want to plant a different tree there? Or my neighbor wants to pave it?
* There's a laundry pole in my neighbor's lot. It connects both to his and my house. I find this weirdest of all. Who owns it? What if he doesn't like the pole and wants to take it down?
Canadians and Americans probably won't find anything unusual in the examples above, but its all a bit odd from a foreigner's perspective.
Cities typically have easements for things like sidewalks and underground utilities. You have the right to use that space for normal purposes, with the understanding that the city may dig it up to make improvements or repairs. You may also find one day that they have allowed a utility company to install an equipment box in the easement area. When shopping for a house, look for the existing equipment boxes nearby, as the city will usually try to add new ones there. But no guarantees.
Easements are also used between neighbors. It sometimes happens that a piece of property is "land-locked" with no access to a road. An easement will allow that property owner to construct and/or use a driveway across their neighbor's land. Often the land-locked owner has to compensate the other owner for creation of the easement, as it diminishes the value of their land.
Ultimately, if an object like a tree is on your property, even if it’s right up to the line, that tree is yours (but your neighbor also has the right to prune any branches that extend onto their property). Your neighbor could take down the laundry pole if they wanted to.
What is it that makes people in South America surround their houses with huge walls and fences?
You’re also selling the idea that there isn’t any crime. Instead of keeping the world off your property, you’ve moved to another world.
In some developments, they deliberately site the houses so that if you look directly out the front windows, you see the space between the two houses across the street.
The previous owner needed a level place for a swingset for his kids, so the next-door neighbor let him use a bit of the neighbor's land. They built the fence so the swingset was on my side of the fence, even though it's the neighbor's land. The fence doesn't change anything. (Though I suppose if I wanted to be nasty, I could claim squatter's rights or some such legal concept, and maybe take that bit. But I don't want to. Ripping off people that were nice to someone isn't how I want to live.)
Some people like to have a fenced space, especially in their back yard (no neighborhood dogs running up to the small kids). Some don't (extended sight lines, more of a feeling of neighborliness). But the fences don't matter. The property lines are still where they are, even if you can't see them.
I wouldn't want to live on a property blighted by a cinder block wall. With the risk of earthquakes here on the West Coast you would want a good foundation and rebar/concrete reinforcement for such a wall as well.
We recently built a fence, and prior to that went around the four corners of the yard with a toy metal detector and were able to locate all four pins, marking them with flags for the fence installation crew.