Can Installing a Deck Add
to Your Home’s Value?
home equity articles and tips
A deck will add some value to your home as long as you do the project right. This means that there are certain factors that you’ll need to take into consideration that can increase the resale value of it. Here are some of the things that you’ll want to consider before undertaking the project.
The types of materials that you select for your deck will make a difference in its appearance and how much maintenance will be required. A wooden deck is one of the cheapest options when it comes to installing and give you the greatest return on your investment. If you plan on living in the home for a while, you might want to invest in a different type of material. They typically cost more than standard decking wood, but there will be less maintenance required year over year.
Another common mistake that people make is that they either undersize or oversize their deck. It’s a balancing act in which you need to have the most square footage for your deck, but you don’t want to impede too much upon your yard space. Having a custom designed deck installed may help to alleviate some of the pitfalls that are more common. This will allow you to create the perfect space without making it appear tacked onto your home.
Added Value Features
There are other features that you can consider adding to increase the resale value for your deck. Many of these items increase the function of your deck. They include an outdoor kitchen, barbeque area, a fire pit, and even outdoor lighting. Outdoor living is becoming very popular, but you also need to take into account the climate in which you live. This will make a difference when it comes to the types of features that will add the most value to your home.
Consider the Usability
The frequency at which your deck can be used will also impact your home’s value. For example, you may want to consider if your deck would benefit from having a covered portion. This would have to be done carefully in order to tie it into the rest of your home. One possibility is creating a covered area a little farther away from your home in order to create a gazebo effect. For warmer and dryer climates it may not be necessary to take this step.
A deck that’s done with the rest of your home in mind will always add some degree of value. Increasing the square footage and adding outdoor living features never fails to attract buyers.
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