A new elite deck adds tons of value to your lifestyle. Not only that, but investing in a new deck adds value to your home. Decks are typically in the top three for return on investment. Compared to an addition or attic, building a deck costs a lot less, but provides one of the top ROI’s of any remodel project. According to Remodeling Magazine’s Cost vs. Value Report, a homeowner can recoup an average return of 80% on a new deck. A family room addition averages only 69%. We’ve built plenty of custom decks in Omaha over the years, and have seen what it can do for resale value.
4 Factors That Impact Your Deck Return on Investment
Decking Material
Using high-quality composite materials create a deck that will pass the test of time. Composite materials add significant value because of their durability, aesthetics, and low maintenance requirements.
Deck Size
To get the greatest value, your deck should be big enough to use as a comfortable entertainment space. Most people want a deck to enjoy barbecuing and sharing relaxed outdoor time with family and friends. It should have enough space for a grill and a large table with chairs, and some storage space doesn’t hurt.
Easy Access
Making your deck easy to access helps improve its value. A deck that can be accessed from the first-floor kitchen or living room is a lot more impressive to people than a deck built off a master bedroom on the second floor. Kitchen access is desirable because it makes it easy to bring food and other items in and out when you’re entertaining family and guests.
Wow Factor
If your deck has an impressive design, with custom railing, and a strategic layout it’s going to be more fun for you and attractive to future potential buyers. The wow factor of a custom built deck can often be the tipping point that will influence someone to want to buy your home.
How to Get the Best Value Out of Your Deck
Remember, when you’re budgeting for a deck make sure to factor in a recoup value of 70-80%. Take into consideration the size and value of your house pre-deck. Choose a deck design and size that makes sense for your home’s size and style. Before you sign with any deck builder go to their showroom and see the materials in person. It’s one thing to see pictures online, but when you see it in person, you can touch it, and see how it looks in different lighting.
If you stop by our showroom, we can walk you through all of the best options that will fit your budget, and even show you how our design models work. You might not commit to a new deck, but you’ll leave with a lot of knowledge that will make you an informed buyer when you decide to move forward with your new deck construction.