When it comes to planning home remodeling projects, one of the questions homeowners inevitably ask is: What’s going to give me the best value for my investment? And when a new deck is one of the projects you’re considering, we’re here to tell you—that the investment you make will be well worth it.
For a lot of reasons, getting a deck for your home is more than just a nice idea or a luxury. It’s actually a high-value project that you’ll see paying off for you—both from the moment you can step onto it and enjoy it, and down the road when you decide to sell your home.
How a New Deck Increases Your Home’s Value
Ready to boost your home’s actual value? As a home improvement option, getting a new deck can provide a significant return on your investment over time. Here’s why.
Installing a Deck Is an Affordable Remodeling Project
When you weigh investment vs. return, one thing to think about is the overall cost of the remodeling you’re getting done. When compared to other common renovations like an updated bathroom, revamped kitchen, or a bedroom addition, adding a deck is typically less pricey.
It Makes Your Home Easier to Sell
Homes with well-built decks sell faster than those that don’t have a deck, according to the National Association of Realtors. Not only that—you can also set a higher asking price because your home, with its beautiful deck, will attract buyers with an eye for the benefits they’ll get from it.
Decks Yield a Great Return on Investment
Home buyers appreciate outdoor living areas, and that means you can count on a deck being a great choice for a remodeling project that pays off in the long run. As a general rule, when you build a deck, you can usually count on getting up anywhere from 70-105% of your investment back. Add that to the greater enjoyment you’ll get from using your outdoor spaces, and it’s easy to see why homeowners find it appealing to add a deck.
A Custom Deck Will Gives You More Square Footage
Practically speaking, a well-designed deck creates more room for you and your family to enjoy your home. If you include features such as an outdoor sink, built-in grilling, a pizza oven, and other amenities, the space becomes even more useful for outdoor living that extends the usability of your home. You can even install a roof or awning to create shade that gives you a place you can’t wait to use throughout the warmer seasons.
More square footage in a home is definitely a plus when you’re ready to sell, as it allows you to set a higher asking price.
How to Get the Most Value Out of Your New Deck
To ensure you truly get the most value out of your new deck, you’ll want to do the following:
- Consider the features you want and the enjoyment you’ll get from it. If a high-end pizza oven will please you, that may be worth installing right from the start.
- Factor in your neighborhood’s overall vibe. If you’re aiming specifically to increase sales value, make sure the deck’s style fits what sells well where your home is located.
- Choose a skilled deck builder. A poorly built deck is almost worse than no deck at all. Invest in a professional contractor who knows decks inside-out and can design and build a solid, lasting deck that retains its value over time.
Get Lasting Value and Enjoyment from a Deck Built Just Right
Now that you know how much a brand-new, well-designed deck can benefit you, why not take the plunge and plan yours today? Iron River Construction’s pro team of designers and builders are experts at crafting delightful decks that add excellent value to your home. We listen to your goals and create the perfect outdoor space to complement your Minnesota home all summer long.
Check out our custom deck designs—and get ready to love your new deck.
