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5 Ways a Deck Installation Will Increase Your Home Value

Apr 24, 2024

Looking for a way to make your home more attractive? Try out high-quality deck installation! This process can boost your home value and – even more important, we think – make it look better. Anyone who’s still on the fence about a brand-new deck should check out the benefits below. These advantages give your deck the polish and style you deserve – at a reasonable price!


1. Amazing Return on Investment (ROI)


Return on investment measures how much an improvement boosts your home value. For example, a new roof might have a 75% ROI rate; this percentage indicates how much of the price of the renovation you get back to your home. Some renovations provide very high ROI.


In some cases, though, ROI isn’t measured by a percentage but by how much money it adds in raw cash. Confused? Well, look at it this way: according to Homelight, a new backyard deck can add over $7,000 in resale value on average to homes that get them.


Just think about that for a minute – that’s a lot of raw cash added to your home. Let’s say you spend $5,000 on a new deck and get $6,400 in ROI on your home – that’s well over 100%. That’s a significant benefit, particularly if you’re flipping houses for a profit.


That’s not to say that every new deck will add $7,000 to a home; that number is just an average. Savvy homeowners who produce a stylish deck typically get a higher ROI – that makes it critical for you to work closely with your deck installation team on this process.


After all, if you install a $10,000 deck and only get $7,000, that’s only a 70% ROI. Factors like deck materials, home location, and other elements can all greatly decrease your ROI – making careful planning critical. Talk with your contractor to ensure you get great results.


2. Add a Touch of Nature to Your Home


While some decks use synthetic materials, wood remains the most popular option. For good reason – according to Dreamlands Design, a wood deck has a 72.1% ROI, which makes it one of the top seven best home improvement projects. It’s simply that great of a choice.


Wood kills it on decks for a few reasons. First, it’s a traditional favorite – many people can’t think of decks without seeing wood. That’s just one awesome fact, and here’s another – wood creates an all-natural style for your home that can make it feel cozier and attractive.


Just think about it from the perspective of someone who lives in a big city. The hustle and bustle of the concrete jungle can cause depression and anxiety; our bodies simply cry out for the wilderness! Wooden decks add a touch of nature that makes them even more appealing.


Even better, decks add even more natural beauty to rural homes – they emphasize the trees, open spaces, and farmland throughout these regions. Wooden decks simply look great, and people enjoy sitting on them. That’s a benefit you just can’t ignore for your home.


That doesn’t mean you shouldn’t consider synthetic decks – they have many benefits as well. For example, they require far less maintenance than wooden decks and last longer. Many even emulate wood texture beautifully; this benefit means you can create a natural style even with synthetic materials.


3. Produce an Attractive Outdoor Area


Too many people spend the majority of their lives indoors, and it hurts; according to Harvard Health, spending too much time indoors can cause depression and anxiety. People simply instinctively love being outdoors. Their minds love the fresh air and the calming beauty.


A deck provides you with a relaxing place to sit outdoors and enjoy birds, listen to nature, and refresh your mind and body. Even if you don’t live in the wild, a deck takes you outside your comfort zone. Getting some fresh air makes thinking easier – thank goodness – and clears anxiety.


Furthermore, having an outdoor seating area has even more pragmatic benefits. Love parties? A new deck creates an instant fiesta zone where you and your buddies can hang out, have some drinks, or even relax in a hot tub. Catching a few rays has never been more rewarding.


Even better: you can install an above- or in-ground pool next to your deck and dive in to cool off on hot summer days. Why stop there, though? Add an outdoor kitchen and a television where you can watch baseball with your friends and cook dinner for everyone.


4. Enhance Curb Appeal


A home’s curb appeal contributes heavily to its overall value; put simply, people pay close attention to a house’s beauty before buying. Of course, interior elements remain vitally important to the property’s value. That said, exterior beauty catches the eye and captures the attention.


Now, just think about what might happen if you install a new deck outside your home – people are going to notice. In fact, buyers might feel more compelled to check out your house simply due to the deck. After all, it gives them a place to relax outdoors when they want.


Let’s extend that even further and just think about how a new deck helps your home stand out compared to others. Let’s say you live in a neighborhood with very few decks; how do you think buyers will react to your deck? There’s a big chance that they’ll love it.


We’ll take this even one step further – there’s a very strong likelihood that they’ll not only focus on your house but want to buy it instead of others in the neighborhood. It’s undeniable. People simply love houses that stand out without being too outrageous about it.


5. Appeal to Multiple Generations


Generational angst is a real thing – it sometimes seems that Baby Boomers and Gen Z basically don’t agree on anything. That is unless you ask them about decks – everybody seems to love them. They’re particularly popular with Millennials, the biggest current market for homeowners.


According to the National Association of Realtors, about 37% of homeowners come from the Millennial market. That’s well over one-third – and the number will only grow. Unfortunately, these buyers are getting fit into a market with costly houses that they can’t afford.


Decks naturally increase a home’s livable area – and attract millennial buyers. Many Millennials look for home switch decks and other items before buying. It might even inspire those with limited funds to purchase a home that is otherwise outside their range.


That said, we shouldn’t ignore the older generations who might have more money – they might have lots of savings or even retirement packages that make buying easier. They’ll naturally love a deck, particularly in outdoor areas. It gives them a place to enjoy their retirement time.


Seniors and other older buyers also love decks for another reason: kid distraction. Children often love spending time outdoors on a deck, particularly if there's a swing or other toys. Grandparents will love seeing their little ones playing in the sunshine.


Getting the best deck installation for your home can provide so many benefits we simply don’t have room to list them all here! Suffice it to say that a new deck can give your house that spit-shine it needs, raise its value, and provide a major stylistic boost! Call Deck Soldier today if you’re curious about your options; we love talking to our customers about their brand-new decks.


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