Will A New Or Improved Deck Add Value To My Home?

When it comes to home remodeling and additions, it is wise to always factor in the value of your investment. The same rings true when considering the addition of an outdoor living space such as a deck or porch. If you read our blog, and we hope you do, we covered the answer to the question “does a porch add value to your home“ in a recent article. However, with value in mind, we often get the question of whether adding a new deck or improving an existing deck will add value to your home, too.

Will Adding A New Deck Add Value To My Home?

Indeed! Adding a new synthetic or wooden deck will add value to your home’s According to Remodeling Magazine‘s cost vs. value report for 2021, the recoup for a low maintenance composite deck addition (built as stated in the report) was 63%. The recoup for a wooden deck addition, also built as stated in the report, was 66%. Always keep in mind the deck’s size, the deck design, materials used and quality of craftsmanship always play a role in determining the amount of value your deck will add to the overall value of your home. This is one reason why choosing a reputable deck builder is so important.

Learn more in our feature story What You Need To Know When Choosing An Outdoor Living Space Builder For Your Project.

With the monetary value additive perspective covered, there is another type of value that you gain from adding a new deck to your home. This kind of value is something you really can’t put a price on; outdoor enjoyment. Adding a new deck to your home will allow you and your family a place to hang out, dine and even entertain. The endless lifelong memories you can create on a backyard deck are priceless.

Will Improving Or Upgrading An Existing Deck Add Value To My Home?

If you drive through many neighborhoods in the Charlotte region, you will notice that many homes have decks. This is the case in both new and established communities. However, if you look closely you may notice that many of the homes feature small, basic, builder-grade decks. This is what we refer to as a “cookie-cutter” deck design. Meaning that often a builder will use the same deck design throughout a neighborhood just have a deck as part of the home.  This type of space usually lacks in potential on usable space, versatility and aesthetic value.

No Cookie-Cutter Deck Designs Here — All Our Decks Are Custom Designed And Built.

Thankfully, here at Deck Plus, we love turning your existing frog of a deck into a prince! When it comes to enhancing the traditional, builder-grade deck, we receive requests for not only more space, but more versatility. The 200-square-foot deck has become a thing of the past as more homeowners push for more outdoor living space with more custom amenities and design details. Our talented deck designers understand your desire to gain more value from your home and property. That’s why we customize each detail of our decks to cater to the individual functions our customers’ crave.

We can enhance, extend, upgrade and even redeck your existing deck to gain more function and beauty. Read more about all these options in our story Deck Plus Can Elevate and Transform Your Outdoor Living Space Beyond Builder Grade!

Will Adding A Deck Pay Off In The Long Run?

Overall, decks are one of our most popular and most-requested outdoor additions by Charlotte-area homeowners. Being one of the most “All American” of all backyard spaces, when you think of outdoor living, entertaining and all-around fun, a deck instantly comes to mind. Beyond that, decks are and remain popular backyard gathering places – and have so for generations. They provide guests more space to gather, rather than forcing them to hover in your kitchen or living room. Your family will also get a lot of use out of the deck when the weather is favorable. And, here in the Charlotte-area, that is a good portion of the year!

Additionally, a deck provides another point of egress from the home to the yard, which tends to add value. A deck will also increase your home’s usable space – and in a more budget-friendly way that other additions. In the big scheme of things, a new deck addition will likely cost about half of what it would cost to build an interior room addition.

We need to also address the elephant in the room (so to speak),  when it comes to the value incentive a new or improved deck may provide. With any type of home amenity addition there may be a certain amount of “keeping up with the Joneses” effect. Wooden or low-maintenance synthetic decks are popular and quite common on many homes.  If all your neighbors have a deck, but you do not, you may actually be hurting yourself in the long run. This is because if you ever decide to sell your home, it is likely your realtor will pull comps from your neighborhood and those in closeby. These comps will go into your home appraisal, value and asking price.  You may detract from your home’s value if you have an aged deck that is weathered, unsafe of not up to par with the ones around it. If you have an old deck lingering in your backyard, it is a good idea to improve or upgrade it before you consider selling.

Are You Ready To Add Value To Your Home And Lifestyle?

Deck Plus is the Charlotte-areas premier deck builder. We specialize in custom wooden and low-maintenance composite decks such as Trex and TimberTech. We can design a deck for you and your family according to your needs and budget. We may also be able to refurbish your existing deck if it is structurally sound enough for an upgrade or enhancement.

Contact us today. We can schedule a new deck design consultation and/or an evaluation of your current space to explore options together about creating the backyard deck you have always wanted.

You can reach us at (704) 993-7696, we would love to hear from you!