Deck Up Your Home Value: How Adding a Deck Can Increase Your Investment
When homeowners consider additions or renovations, increasing value is one of the most vital elements. Planning home renovations based on how much value they can add to the property ensures homeowners get the most out of their investments. A porch addition in Massachusetts is a cost-effective option to increase your property value.
Functional Uses for Your Deck
Before deciding if a deck addition in Norwood is right for you, it’s essential to consider the functional uses of this feature. Many homeowners consider an addition contractor in Norwood, MA, to create a comfortable place to enjoy the outdoors or to entertain guests during the warmer months of the year. Adding a deck to a home can improve curb appeal and create a comfortable oasis in the backyard, allowing families to enjoy quality time together. In addition to building the deck, they can add features or furnishings that enhance the area’s usability and offer the ideal outdoor environment.
What Return Can You Expect on Your Investment
One crucial factor many homeowners consider when choosing a home improvement project in Norwood, MA, is the return on their investment. A new deck can be a low-cost project that can add significant value to a property. In fact, many remodeling contractors can show evidence that a new deck can recoup up to 100 percent of the project cost in the value of the home. For instance, if you spend $5,000 building a deck, you can expect your home’s value to increase by $5,000. In some cases, homeowners may see a larger increase.
Increase your property value with a deck addition.
Deck Materials Matter
When planning your deck addition in Massachusetts, the material you choose will significantly impact the value it adds to your home. Talking to your remodeling contractors about material options will ensure you can make an informed decision to maximize your returns while keeping your project within your budget. Wood is perhaps the most cost-effective choice for decks, but it also comes with additional maintenance costs that can affect the return on your investment in the long term. Composite decking is more costly but can offer an excellent return on your investment due to little to no maintenance requirements.
Consider Deck Accessories and More
After completing your deck addition in Norwood, it’s time to outfit your deck for use. Some features like planters and decorative railings are permanent additions to your new deck, ultimately increasing the resale value of your home. Other features, such as deck furniture, may be something you choose to take with you when moving. However, a well-furnished deck can make your home more attractive to potential buyers when they view your home, even if you don’t plan to leave the furniture behind.
If you’re considering a deck addition in Massachusetts, contact us. Our deck builders are ready to help you add value to your home with a beautiful new deck.
