Are you looking for a good way to increase the value of your home? You may want to consider roofing or siding renovations, but if those two components of your home are still relatively new, you might want to prioritize getting a new deck.
Less for More
According to statistics, installing a roof deck is one of the most cost-effective ways to add value to a home. Despite being cheaper than a new attic or an extra room, a roof deck provides a lot more return on investment than those other options. You can expect the average roof deck to recoup about 70% of its overall cost.
Different Factors for Different ROI
A new deck might yield a high ROI for a home improvement project, but other factors can make some decks more practical than their contemporaries. Here are the two biggest factors that can affect your new deck’s ROI:
There are two popular options for making decks: wood and composite (made of a mixture of plastic and wood fiber). Decks made of high-quality wood yield around 15-20 percent more ROI than composite decks but they have a shorter life span and require more maintenance.
How often you use your deck is directly proportional to their ROIs. You might think that South Dakota’s cold climate negates the need for a deck, but there are still plenty of ways for you to enjoy it. For one, you can have a hot tub installed for a spa-like experience. You can also invest in space heaters so that you and your loved ones can stay warm even in the winter.
Are you looking for a team of pros that can install a new deck? Juranek Home Improvements is your number one source of home improvement services in Sioux Falls, SD. Call us at (605) 956-4100 or fill out this contact form for more information.