A Deck Can Boost Your Home’s Value (If You Follow These Rules)
There are so many perks to building an outdoor living space for your home, it’s hard to know where to start! For starters, you get a relaxing home extension that will provide endless entertainment for friends and family. Imagine spending your summers around an outdoor entertainment system, watching movies under the stars with your family. […]
There are so many perks to building an outdoor living space for your home, it’s hard to know where to start!
For starters, you get a relaxing home extension that will provide endless entertainment for friends and family. Imagine spending your summers around an outdoor entertainment system, watching movies under the stars with your family. And when fall rolls around, you can crank up an integrated fireplace and put some burgers on the grill while you watch your favorite football games.
Plus, all that added time outdoors will benefit your mood and your health — studies show that spending time outside can give you a better memory, ward off depression, and keep your blood pressure down.
And if you go for a totally customized outdoor living space, you’ll discover even more benefits, including:
- A deck design that naturally integrates your home with your landscaping
- Wind and sun protection customized to your home’s orientation and location
- A privacy-first design
- Ideal views of the surrounding area
- Custom features including an outdoor kitchen, an outdoor television, a built-in hot tub, and more
One of the very best things about an outdoor living space is that it’s a wise investment. A quality deck is one of the best investments you can make in the value of your home.
Does a Deck Add Value to a Home?
In Remodeling Magazine’s Cost vs. Value Report, research found that you can get back as much as 80% of the cost of a deck back when you sell your home.
On average, the ROI of a deck is 70%. But those are general numbers — the size and kind of deck you build can greatly affect its ROI.
The primary factors affecting a deck’s ROI are:
1. Materials
The best decking material is wood. Not just because it is longer lasting, easier to maintain, and more attractive than composite decking — but it also offers a higher value over time because it can be restored instead of replaced.
(More: Meet Our Hardy Hardwoods: Mahogany and Ipe)
Generally, composite decking will lower your deck’s ROI by 15% to 20% when compared to a deck made with quality wood. The reason? Hardwood maintains its quality longer, and buyers prefer the richer, real look and feel of wood decking.
Plus, hardwood decking is more affordable than composite decking, which means you’ll spend less on materials, and get more of your money back when you sell.
2. Deck Design
The more unique and exceptional the design of your deck, the higher the ROI.
This is one of many reasons that custom deck design is so special. It enhances the beauty of your home, and can be built in such a way that makes the most of the surrounding landscape. And custom-added features, like an outdoor entertainment area with a fireplace and integrated lighting, can powerfully boost your home’s ROI.
(More: DeckTec Outdoor Designs’ Buyers Guide)
3. Deck Usability
Size plays a big role in your deck’s usability. A deck doesn’t have to be huge to get an attractive ROI, but it does need to be big enough to actually enjoy.
The more uses your deck has — from providing a relaxing place for a romantic evening to having space for a party of 20 friends — the better the ROI. But at the same time, you don’t want it to be so big that it takes away from your backyard space.
Another important factor in deck usability is its location relative to your home. For example, a back deck accessible directly from the main living area of your house is going to come with a higher ROI than one that is harder to access, like say a more private deck off of a bedroom or on a lower level, which requires long steps to access your barbequing and entertainment space.
Here in Colorado, outdoor living is particularly popular. With the state’s 300 days of sunshine a year, usability is incredibly important. Homeowners expect to spend a lot of time outdoors, and they’ll want their deck to be able to handle all of their activities.
How to Boost Your Existing Deck’s Value
If you already have a deck, DeckTec can help you increase its value with our restoration services.
Repairing and refinishing an existing deck has an extremely high ROI, making it an obvious choice if you already have a deck in need of a makeover.
How a Custom Deck Specialist Can Help You Boost the Value of Your Deck
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The cost to build a deck yourself may be lower than working with a professional deck designer. But any savings you find with a DIY deck will disappear when it’s time to sell.
Working with an outdoor design specialist like DeckTec — who can custom design the perfect deck for your budget, needs, and lifestyle — is the best way to make sure you get the highest possible ROI out of your deck.
We only use quality wood decking materials that are guaranteed to get higher ROIs than composite decking. And our custom, handcrafted design process will leave you with a deck that enhances your back yard and maximizes usability.
If you’re interested in making a sound investment in your home that you’ll also be able to enjoy for yourself, DeckTec’s artisans are the Denver deck builders you need.
But if you want your new deck ready this summer, now is the time to start planning.
Why? Because custom deck design takes time, and demand will begin to pick up as we head into spring. Plus, unpredictable weather can affect construction timelines.
If you get started with DeckTec now, not only can you ensure you’ll have your custom deck built in time for warm weather, but you can even get early bird pricing (available until March 15) and save another 10% on your project — that means even higher ROI down the road.
Ready for the outdoor living space of your dreams? Contact DeckTec today »
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If the market value of your home is important to you – as it is for many – adding a custom deck can increase your house value.
If you’re considering adding a custom deck to your home, reach out to HFS Financial for all of your home improvement financing needs. HFS makes it easy to fund your project with minimal documentation requirements, no equity or appraisal needed, and direct-to-consumer funding.
Adding or improving an existing deck can add a number of beneficial features to your home. Not only can a new deck improve the value of your property, but it can also make your home more enjoyable for you and your family.
HFS Financial also offers 120% financing, allowing you some financial wiggle room for those unexpected hiccups that you may find along the way of your deck-building journey. All funds are paid directly to you, the consumer, so there’s no need to coordinate contractor work with payout schedules. Handle your project your way.
Once we’ve received your information through our 60-Second Loan Application, you will be notified of possible loan options quickly to discuss and review your loan terms and the home improvement project you have in mind.
My husband Matt and I [...] have moved away from the home where we had the beautiful deck and outdoor living space you created. We will forever remember fondly that beautiful deck, and the hard work you did during a very bad economic time to fix problems around the foundation of our home. Steve, Keith, and all of your workers were fabulous and we sent several of our friends your way with referrals. We are sure that your deck helped us get a wonderful offer on our home.
We just wanted to tell you how much we enjoy the decks DeckTec constructed at our home. Their use is a constant joy. We continually receive compliments on the design and quality of your work. We look forward to many years of use.
DeckTec are absolute pros. They just finished a big deck and roof cover project at my house. The total experience from working with Steve in Design and Sales, Keith in Project Management, and Charlie, Josh, and Hank in Construction was nothing but 6 star service. 100% on time and on budget with craftsmanship and quality. Skip the “Hammer and Nails” contractors and go with DeckTec if you want an “Outdoor Living Space”. Call these people – you will not be disappointed.
I just wanted to let you know how pleased I am with the work Decktec completed refinishing my deck. It hasn’t looked this good since it was new sixteen years ago. Decktec was very professional, polite and willing to work with me to get the exact color of stain I wanted. I would recommend Decktec to anyone who wants a complete job from the great construction work starting the job, to its thorough cleanup. I’m happy my neighbor referred me to Decktec. You are the fourth company I’ve had refinish my deck and will now be the only company I use going forward.