Add a Wood Deck – It’s One of the Best Home Investments You Can Make
If you were asked to pick one home improvement project that would give you the best return on your investment, what would you pick? Window replacements? A room addition or remodel?
You’d fare much better with the addition of a wood deck. Once again, Remodeling magazine’s 2013 Cost vs. Value Report has ranked a wood deck addition as one of the best home improvement investments you can make. The report rates the return on investment of 35 popular home improvement projects and is based on a survey of nearly 4,000 appraisers, brokers and agents.
According to the report, the average U.S. homeowner increases the value of his or her home by 77 cents for each dollar spent on a wood deck addition. By comparison, a family room addition recoups about 63 cents for each dollar spent, and a home office remodel recoups just 44 cents.
Deck additions have historically been a top-performing home investment because they not only improve curb appeal, they provide more livable space. As an added benefit, they usually cost much less than additions or remodeling rooms
Depending on your region, the value of adding a wood deck could be even greater. For example, an average deck addition in the south central U.S. cost $8,170 and had a resale value of $6,358, about 78 percent of the cost recouped. The numbers are even better on the west coast, where the average deck addition cost $11,116 but had a resale value of $10,682, recouping 96 percent of its cost.
You can add even more value to a home by using ProWood pressure-treated lumber, the choice of professionals. ProWood provides the superior quality you can't get anywhere else, and ProWood Dura Color™ treated decking provides great color without initial staining. So, while adding a deck adds a lot of value; adding a deck made of ProWood is even better.
See past blog post: Add value and style to your home with color treated decking and fencing.