Adding a deck to your home improves it in many ways. It gives you a place to spend time with family and friends, and it can give you extra space to do some outdoor decorating. One of the reasons why many homeowners choose to add a deck is that they think it will add value to their home, but is this true? If so, what return could you expect on your investment?
Does a Deck Add Value to Your Home?
The answer to the question of whether a deck adds value to your home is not a straightforward one. According to the JLG Group Magazine, homeowners can expect to recoup about 75% of the value of their investment when it comes time to sell. This is an average, and many factors affect how much you get back. In some cases, you could even lose money by putting on a deck if it is not designed and built properly.
One thing to consider is that a deck only adds value if it matches the architectural style of your home. Also, the type of material you choose determines how much value it will add. For instance, if you choose a long-lasting composite deck, it will add more value than one made from inexpensive wood. Adding features like extra seating or an outdoor kitchen can also increase the value.
Design is important and so is craftsmanship. Unless you are an experienced deck builder, doing the job yourself can devalue your home. That is why you must find a builder who can help you design and construct a space that complements your backyard and the style of your home.
Another reason to consider adding a deck is that it expands the square footage of your home. Even though it is an outdoor space, it is still considered an addition. This is especially true if you plan to enclose your deck. Another thing to consider is the deck must be well-maintained to hold its value. If your deck was built many years ago and is in poor repair, then it will be seen as a potential liability instead of an asset by future buyers. It is important to have your deck regularly inspected and kept in good repair for you to receive the greatest return on your investment.
Hire Wolf Spirit Decks a Decking Professional in the Chicago Area
In most cases, adding a deck to your home will increase its value and give you a nice return when you decide to sell it. The most important factor is to hire professionals in the Chicagoland area who know how to design a deck that will complement the architecture. Although building a deck can be a good investment, the best reason to consider adding one is so that you and your family can enjoy your outdoor space and time together. Wolf Spirit Deck has many years of experience building, repairing, and resurfacing decks in Plainfield, IL, and the surrounding areas. Contact us so we can get started transforming your backyard into a place to relax.