Adding Value to Your Home with a New Deck or Portico

Remodeling a home can add lasting value and contribute to a better quality of life for you and your family.

adding value to your home with a new deck or portico

Before engaging in any new project,  there are a few things that should be considered:

  1. How long do you intend to stay in your home?
  2. How much do you want to invest?
  3. What materials would be involved?

If you were to invest in a new deck here in New England, for example, you can expect to receive approximately a 75% *return on investment if you were to sell within a year of construction.  Not only will you get to take advantage of the new space..but you will also see a very fair return on your investment. Cost of decks will vary from region to region and the return is higher in some parts of the country. At this moment a deck in Boston can return as much as 139%* while in San Diego a comparable deck can return as much as 156%*.   Keep in mind that a deck may not be appropriate for some homes such as a Victorian whose elegant lines and distinctive old world appeal are not designed for today’s decks.  In these types of circumstance a portico or a pergola might be a better option in keeping with the style of the home.

If you are creating the deck with resale in mind, you will improve the value by creating something other than an ordinary rectangle.  The fact that you have improved the look of the home while adding functionality will make your deck more desirable to buyers who are looking for a place to call home.   Most buyer’s think of the deck as an extension of their living space, therefore, this is an important consideration before you start to build.

Maintenance is a big issue for home owners if you are able to utilize some of these new composite materials you and the new owners will be happier.  There is a tendency to make the deck too small for all the furniture and useful function. When you think you have it right, it may be wise to add an additional two feet. You will find ways to use the extra space.  Working with a quality remodeler will help you in designing and constructing the right deck for the right investment.

When you are making this type of investment in your home, you will want to make sure you choose a reliable and trustworthy contractor.

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