From minor renovations to major remodeling projects, there are so many ways to improve the value of your home.
Adding a great-looking deck is indeed one incredible way to level up the overall aesthetics and outdoor decor. Imagine your home has a beautiful deck and you have the freedom to spend quality time with your family and friends.
If you’re wondering whether or not a deck increases the value of your home, this post is written for you. We’re here to answer the following questions about home deck addition and whether you should go for a deck or consider some other home additions to spice up your home:
Does a deck really increase the value of your home?
Our experience tells us that patios, decks, and screen rooms provide a number of benefits to homeowners. For example, better protection for your interior space and enhanced curb appeal are a couple of benefits you get instantly after building an attractive deck.
When it comes to increasing the value of your home, decks are worth your time and investment.
It’s not all about stats and ROI when it comes to home additions, you need more usable space for your family and a sense of enjoyment when you’re at home. When you hire the right decking to add a new deck to your home, you’re likely to enjoy the following benefits:
More space for entertainment
If you feel you need more space to facilitate parties and guests, a deck can solve this problem. When you install a deck, it gives you an opportunity to make the most of your outdoor living space.
High return on investment
Installing a high-quality deck is probably less expensive than other home improvement projects. Regardless of your home improvement budget, building a new deck not only gives your home a unique style but also increases its value before the sale.
Enhanced aesthetic appeal
When it comes to building a new deck, you can choose from so many finish and stain options. When you choose something that compliments your home’s exterior and your lifestyle, it dramatically enhances your home’s aesthetic appeal.
How much value does a deck add to a home?
There is no one-size-fits-all answer to this question because the value you get from a new deck depends on the materials you use, labour costs, and other factors. Most importantly, it’s critical to consider who builds your deck. Be sure to find a professional decking installation service for your project.
If we look at the stats, the average return on investment from a new deck is 106%. Even if you already have a deck, repairing or upgrading it can bring ROI if you want to sell your home. Another study found out that a wood deck can give you an 80% of return on your investment.
So, for example, if you spend £10,000 on a new deck, you can expect to get an £8,000 return for it when you sell your home. It would be a great deal to enjoy a beautiful deck that actually costs you £2,000.
Is it worth it to build a deck?
It’s important to define your home improvement goals before you add, remodel, or renovate something. As mentioned earlier, a deck provides you with some benefits ranging from increased home value to more usable outdoor space.
If you just want to improve the value of your property, you do have other options. However, if you want to make the most of your outdoor space and create an exciting sitting area for your family and friends, installing a new deck is definitely worth your time and money.
Learn more about various deck-building materials and their prices to find out whether or not a new deck fits your budget. To give you a quick idea, a deck could cost you £3-£12 depending on what material you choose. Wood decking is less expensive as compared to composite decking or uPVC.
Conduct a cost-benefit analysis to see whether it is worth building a deck or not. If you live in London and want to learn more about the cost to build a new deck, contact Pi Gardening!
Will adding a deck increase my taxes?
Now, this is an interesting question. Isn’t it? What if constructing something new like a deck in your house increases your property tax? You don’t want to increase the tax burden.
Generally speaking, your property tax may increase if the value of your home has increased due to home additions. However, property taxes vary from city to city. Check with your local tax assessor to get the right answer.
Final thoughts
A masterfully installed deck will surely increase the value of your home. Nevertheless, be sure to consider factors like your location, material, and labour costs before making a decision.
For example, if outdoor lifestyles are popular in your city, a deck will help you satisfy homebuyers. Likewise, choose a decking material that can withstand environmental factors.
Composite decking is usually a good choice for homeowners living in colder places. If your prime focus is to increase the value of your home, both wood and composite decking will do the job. However, consider the maintenance costs of both materials before picking one.
About Pi Gardening
We have already mentioned the significance of hiring a professional deck installation service. This is where you need to spend some time finding the right company.
If you live in London, Pi Gardening is the best place to get decking, landscaping, fence repair, and other services. When it comes to deck installation in London, Pi Gardening has all the tools and expertise you need to build a visually appealing and durable deck for your home. Feel free to request a free quote right now!