Using a Deck to Increase Your Home's Resale Value
Do you have plans to sell your home at any point in the future? If that answer is yes, SEAL-A-DECK would love to help you get the most return on your investment through simple additions to the outdoor living area. According to data from the 2020 Cost vs. Value Report, a wooden deck can recoup about 72 percent of its value over time while increasing the resale value of your home. With those types of odds, adding to the outdoor space could give potential buyers a feeling of home that they would not have previously. Here are the best ways to use a deck to increase your home’s resale value.
Choosing the Right Material
Although decks themselves allow for great resale value, if you are looking to get the most bang for your buck it will depend on the material that you choose. Wood is a classic and reliable choice, but what if there was another option out there that can outperform it and increase the value of your home?
There is such a material and it is called PVC. While wood will return over 70 percent of your investment, PVC will retain over 80 percent of its value year over year. The durability of PVC is unmatched and requires little to no maintenance to preserve its sturdiness. The other great thing about this option is that it comes in various patterns and styles to match any woodgrain or aesthetic. Although this is often a more expensive material choice, it can pay off in the end. An article on Homes.com said that decks added to homes increased the “joy factor” for the owners by over 48 percent and “three out of four homeowners (77%) said they have a greater desire to be home since completing the project”. This is a large selling point for any buyer that enjoys being outside, but still in the comfort of home.
Other Amenities
Decks offer an immediate home value increase, but the more you’re willing to upgrade the amenities of your deck, the more value you will receive. Adding things like an outdoor kitchen, fire pit, or a pergola can be an amazing investment for your home’s sale. The Outdoor Kitchen Buyer’s Guide from Absolute Outdoor Kitchens has found that outdoor kitchens or fire pits can return anywhere from 100 percent to 200 percent of the construction cost. This can be an upgrade worth looking into if you live in the New England area where beautiful springs, summers, and falls mean more outdoor family time. SEAL-A-DECK can also add comfort to any patio or deck by constructing a pergola. A pergola is a beautiful way to add shade and character to your outdoor living area. If you have a green thumb, this addition can work as a home for greenery and helps the curb appeal of your home.
Get an Estimate Today
If upgrading your home is something you’d like to do prior to selling, SEAL-A-DECK is here to help. We can work within your budget to add the perfect deck for your home. Even a small addition can exponentially help the selling of any property. Give us a call today at 1-877-SEALADECK to get started with your free estimate.