What’s the ROI on Building a Deck?

Adding a deck to your home can boost both its functionality and value. But is the investment worth it? The ROI (Return on Investment) for building a deck depends on various factors, including materials, design, and your location.

The Financial ROI: On average, homeowners can expect to recoup 70% to 80% of the cost of building a deck when they sell their home. The exact percentage varies based on factors like deck size, material quality, and regional demand. High-quality wood decks generally offer a slightly better ROI than composite decks, though the latter may provide better long-term durability.

Added Living Space: One of the key reasons for a strong ROI is that a deck effectively expands your home’s usable living space. Buyers often value homes with functional outdoor areas, especially in warmer climates where outdoor living is common. A well-designed deck can serve as an extension of your living or dining room, making the home more appealing.

Customization and Cost: The more custom features you add—like built-in seating, lighting, or an outdoor kitchen—the higher the initial cost, but these features can also increase your home’s overall value. However, keep in mind that over-customization may not always yield the highest return if potential buyers don’t share your tastes.

In conclusion, building a deck is a wise investment, especially if you’re looking to increase your home’s value while enhancing its outdoor living appeal.