Deck Renovations: Is It Worth the Investment?

Granted, home improvement tasks consume a lot of time and effort. Even if the project is as minor as installing a new bathroom or renovating the kitchen, it can still get overwhelming. One home improvement job that, despite its intimidating appearance, is one of the most appealing is remodeling or adding a new deck. It is the best way to change the look of your outside area, making it suitable for a late-night get-together or an afternoon BBQ.

While that may sound appealing, we know renovating your deck can cost you a fortune. So, are deck renovations worth the investment? Well, unless you are a hundred percent certain about forever living in your current home, a deck renovation might deem unnecessary.

But even if there exists a slight possibility of you choosing to sell your home in the future, it is important to make home improvement choices that can give you a higher return on investment. And that leads us back to our original question: Is renovating your deck worth the investment?

Considering the fact that renovating your deck can reward you with a sudden rise in the value of your property, we would have to say it is totally worth it. But we wish things were as simple as that. Since several factors can affect the return on investment via a deck renovation, we would have to look at this question more closely.

So, mentioned below are all the factors that can impact the resale value of your home after you are done renovating your deck:

Factors that Affect Return on Investment on Deck Renovations

1. Deck Materials

The choice of deck material is the most crucial element in determining the financial sustainability of the project of renovating your deck. Here are the two most common materials used for deck renovation in the USA:

Wood

Wood decks offer the highest return on investment in terms of home resale value. In comparison to a composite deck, the less expensive material results in a more cheap deck installation and increases your home's market value by a comparable amount.

But, compared to composite decks, wood decks are less likely to withstand the harshness of weather and temperature. Wood decks must therefore be regularly maintained and cared for in order to maintain their quality and worth for the purpose of selling your home.

Composite Decking

Composite decking can be 0.7 times more expensive than wood decking. But the higher cost comes with greater advantages. Since composite decking is of superior quality compared to wood, it is more durable and resilient.

Composite decking will stay as good as new for years to come and will boost your property’s resale value. Plus, it is easier to maintain since it requires little to no upkeep. Hence, completely freeing you from the worries of paying lots of attention to your outdoor space.

If you plan on staying in your current home for more than a year, choosing composite decking for renovating your deck is a wiser way to go!

2. Deck Furniture

When family groups and couples explore your home during an open house, the way you decorate your deck can make all the difference. Your deck's new material will be brought to life once it is furnished with a set of cozy, fashionable furniture that makes your outdoor space look more welcoming.

3. Deck Accessories

Simply renovating your deck is not enough if you are doing it for the sake of getting a high return on investment. What you need to do is adorn it with accessories that make it look welcoming, cozy, and lively.

Here are a few things that you could consider adding to your outdoor space once your deck has been renovated:

Plants and Pots

Adding green plants, flowers, and grass to your deck is a wonderful way to make it look more beautiful and keep your family's privacy intact. The presence of greenery around your deck will prevent unwanted eyes from falling on you, and it will drastically enhance the appearance of your deck, making you fall in love every time you look at it.

Umbrellas

Adding umbrellas is a great way to offer shade from the sharp sunrays during the peak summer months. Plus, placing umbrellas at random points on the deck can also serve as a focal point, and you could place some couches or chairs beneath them to make a comfortable sitting area.

You can also create a beautiful entryway by placing a couple of umbrellas at the deck's entrance!

Cushions

You can never go wrong with cushions, and there is no such thing as a lot of cushions. You could accessorize your deck furniture with colorful cushions to enhance the vibrancy and liveliness of your deck.

Now that you know that renovating your deck offers a great return on investment and is a perfect use of your outdoor space, what do you think? Still, need more reasons to renovate your deck? Check out the list below:

More Reasons to Renovate Your Deck

• Increases your home's curb appeal by making it look more attractive and appealing.

• In addition to promoting a healthy and active lifestyle, patios and decks can enhance the overall design and functionality of the home.

• Renovating your deck is the classic way to breathe life into your outdoor space.

• Despite their size and imposing appearance, decks typically require little yearly upkeep to stay in perfect condition for many years. This is particularly valid for more advanced and robust materials like composite decking.

• Decks offer an elevated outdoor platform that is the perfect setting for gatherings and enjoyable hangouts, including barbecues, board games, hot tub parties, and exciting old-fashioned neighborhood get-togethers. In either case, decks bring the celebration to the backyard.

Final Thoughts

Summing up all the information shared in the article above, we believe it is safe to conclude that renovating your deck is surely worth the investment considering the numerous long-term advantages it comes with and not to mention the high return on investment! Contact us to get your deck renovation project started.