Does the idea of being able to relax on a deck with a cold drink or being able to host a BBQ with your friends and family sound appealing? For many people, it does. Whether you currently have a deck or are looking to build, a deck can add usable living space and increased value to your home. Because the economy is down, more and more people are spending time at home. According to Anthony Esh, “The more people are staying home for entertainment, the more home entertainment amenities are worth.” For those considering building a deck, this means adding great value to your home. The percent of return may vary depending on where you live and the type of deck you decide to build. The average return will be around 75%, a great return for added functional living space! It is important to note that wood and composite wood decking lose their value over time—not what you’re aiming for when you’re trying to add value to your home. In order to see a return on your investment, you need a durable deck that will stand the test of time. This fact ties directly to the first. The more usable living space you have, the more comfortable and appealing your home becomes. During the summer, most people enjoy being able to spend time outdoors with friends and family while maintaining all the comforts of home. Building a deck enables you to achieve that goal by extending your living space. Your new living space can become anything you want: a relaxing, romantic area with a hot tub for those chilly evenings; an outdoor stone kitchen with built-in bar, grill, and flat screen TV to watch the football games on guy’s night; a decorative table and chairs on a stone patio, perfect for doing your nails, having a cup of tea, or drinking a glass of wine on girl’s night; or the perfect place for your toddler’s birthday party. No matter what your dream outdoor space is, a deck can be the first step in creating your outdoor paradise.
So how much does a deck usually cost? The cost of the project will depend upon a variety of factors though. These include:
- Materials used (concrete, vinyl, wood)
- Location of the addition (on the ground without supports, above ground, on the house with a door already leading out or in an area in which a door addition must be made)
- Size of the addition
- Features, such as a built in barbecue, railings, seating, supports
The material of your deck is almost more important than the design itself. From wood to composite, there are a ton of variables including color, texture, installation, and price. Here are the most common deck materials to choose from. For a full detail guide on deck material is the best for you.
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