Perhaps having a deck at your home is something you have dreamed about for years, or maybe you’ve dreamed about updating the deck you already have. Either way, you might be wondering if a new deck is really worth the investment. Some homeowners are mainly concerned about the numbers and whether they can increase the resale value of their home, while others want a deck simply for the enjoyment it will bring. This brief article will explain why we believe that a new quality deck build is worth it for your family both now and in the long-term!
Immediate ROI
Let’s say you go ahead and have a new deck built at your home and you are not planning to sell your home within the first year of having your deck. What is the immediate return-on-investment that you will have? The return on this kind of investment is joy as you spend quality time with your family and friends in your beautiful new space. You will have an increased outdoor living area, have the ability to comfortably entertain, and enjoy sunrises and sunsets from the privacy of your new deck.
We are passionate about the importance of family and friends and the joy they bring to life. We are passionate about decks because they allow family and friends to enjoy life together even more. While this kind of “return-on-investment” is not monetary, we believe it is important and just as valuable!
Long-term ROI
If you are planning to add a deck to your home in order to increase its resale value or if you are concerned about recouping the cost of your deck when the time does come to sell, let’s discuss what you can expect.
Most experts agree that adding a deck to your home is one of the very best home improvement projects you can do. You can reasonably expect at least a 70% ROI from your deck when you go to sell your home. Decks increase the livable area of a home and go a long way to help attract potential buyers. Additionally, if your home is situated in a neighborhood where most of the other homes have decks and outdoor living areas, your sale might be negatively affected by not having a similar feature.
It is also important to note that not every deck is created equal. First and foremost, ensure that your deck is built with excellence. A poorly built deck is not only recognizable as such but is also an expensive safety hazard down the road. If you have a wood deck, make sure that it is well cared for (stained, sealed, and kept in great condition). An immaculate wood deck can quickly lose its value over the years if it is not well maintained.
Consider having your deck built with low maintenance material (composite or PVC decking). Many home buyers are enticed by the thought of a deck that does not require time and money in maintenance. Additionally, most low maintenance materials have a longer lifespan than traditional wood.
You might also want to consider adding built-in lighting to your deck. Homebuyers with children, elderly family members, or who frequently entertain will find a lot of value in having a deck with extra lighting.
The bottom line here is that, yes! A well-built deck is indeed worth the investment. You will reap benefits in the resale value of your home as well as in the many joyful memories you will make with those you love.
