When homeowners consider adding a deck to their homes, one factor that often comes up is the how the deck will affect the resale value of the home. It’s nice to have the additional living space and the ability to enjoy the outdoors. It’s even better if the deck can pay for itself when the home sells.
Unfortunately, the down housing market has made it harder to recoup the costs of home improvement projects. As you can see in this helpful cost versus value chart from Remodeling magazine, you’ll only recover between 70 and 80 percent of the cost of a deck addition at this point. One interesting point in the chart is that wood decks are performing better than composite decks.
If you’re looking for a new deck contact us. We’ll work with you to design and install a deck that adds the most value to your home.
Tags: cost versus value, cost vs value, deck, deck installation, Decking, decking installation, Decks, MAD Fence, Mid Atlantic Deck and Fence, recoup costs, resale value