Given the time and cost commitment a custom deck requires, homeowners may wonder whether they should invest in such a project. How much of its initial cost will they recoup? Can a new deck improve their home’s functionality and livability? Indeed, a custom deck is worth the investment in terms of both financial value and practical utility. So, look to professional wood and Trex deck builders for guidance and reliable services.
A custom deck-building business in Northern Virginia, Cornerstone Deck Company offers deck, porch, and patio construction services to suit our clients’ needs and boost their homes’ value. You can check out our past projects to see why homeowners trust Cornerstone to handle their backyard deck projects. For more information, contact us on our website or at (540) 917-5705.
Home Value and Curb Appeal
To decide whether a custom deck is worth the investment, most people first consider the potential return on investment (ROI) of such a project. In other words, if you build a custom deck, how much of its cost will you recoup upon selling your home?
Fortunately, a custom deck tends to recoup 60% to 100% of its costs due to increased home value. The average cost for a custom deck is between $10,000 and $20,000, so you can expect $6,000-$12,000—perhaps all your investment—back from a deck project.
The type of material you choose for your new outdoor space will affect its cost and ROI. While wood tends to be the least expensive decking material, it requires regular maintenance and offers the least resilience among deck materials to harsh weather and temperatures. On the other hand, composite decking materials run at higher prices yet offer greater durability and dependability than wood.
That said, we suggest investing in a wood deck if you plan to sell your home soon and investing in a composite deck if you will remain in your home for several more years. Moreover, 9% of realtors in a recent survey recommend that homeowners install a new wood deck before attempting to sell, while 4% said that a new deck resulted in a closed deal.
Additionally, consider local conditions when deciding whether to build a deck. Many buyers will pay extra for a home with a deck if the climate is warm and offers deck-friendly weather.
Homeowner Satisfaction
Your satisfaction, as well as your family’s, should also factor into your decision about deck construction. For instance, your deck should deliver functionality and livability if you plan to live in your current home for several more years. Moreover, 81% of surveyed homeowners report a greater desire to be home since their deck was completed, while 74% report greater enjoyment of their home.
Although intangible, homeowner satisfaction should factor into your deck-building decision. It, along with increased curb appeal and financial value, can make your new deck well worth an investment. For guidance on deck ROI and designing a space that suits you, speak to our professional backyard deck builders.
Custom Deck Builders for Your Northern Virginia Home
The expert Trex and wood deck builders at Cornerstone Deck Company create custom decks for residents across Northern Virginia. We can help you determine how to achieve the best ROI out of a new deck. Furthermore, we aim to bring each client’s vision to life through expert craftsmanship and customer service. Get a free quote today by calling (540) 917-5705.