Decks bring many benefits to homeowners including providing additional living space, enhancing curb appeal, and offering a peaceful place to relax or entertain. They are also an excellent investment in your property.

As a leading outdoor living remodeler serving the Fredericksburg and Richmond communities, we are frequently asked about whether decks increase home value. The short answer is that, yes, having a deck will boost your resale value.

How Much ROI Can I Expect on a Deck Installation Project?

A deck is one of the top home improvement projects when it comes to ROI. House hunters find outdoor spaces like decks to be incredibly appealing. On average, a wood deck installation recoups about 50% of its value, while a composite deck installation recoups about 40% of its value.

The Factors Influencing ROI

There are many factors that will impact the ROI you see on your deck project. These include:

  • Deck Materials: The materials you choose for your deck installation will play a role in your ultimate ROI. A composite deck tends to be more expensive than a wood one but usually recoups less of its value. Wood decks, on the other hand are less pricey to install, and see a larger ROI. However, it is important to note that wood decks require more maintenance, which can cut into your ROI, especially if you are planning to stay at your home for a while before selling.
  • Deck Type: From detached decks and island decks to multi-level decks, swimming decks, wraparound decks, and more, there are many different types of decks available to you. Choosing the right deck for your property with the help of a qualified deck contractor like Fletcher Home will ensure that you get the most ROI on your project.
  • Your Location: Do you live in a temperate climate that allows for tons of time spent outdoors? If so, you should expect to see a higher ROI on your deck project than homeowners living in places with harsher weather.

Learn More About How Fletcher Home Can Help with Your Deck Project

If you want to increase your property value with a new deck, turn to the skilled outdoor living experts at Fletcher Home. For over two decades, we have been a top provider of skilled renovation services and have helped add value, functionality, and style to homes all over the region.

With premium decking products from brands like Fiberon, Timbertech, and Trex, beautiful style and color options, and lifetime guarantees, you can’t go wrong hiring us for your deck installation. Our team prioritizes quality, service, and customer satisfaction above all else. We can even help with resurfacing your old deck to refresh its look and feel. If you are ready to get comprehensive decking solutions from the experts, contact us today to speak with our knowledgeable team and to get started with an estimate.