CommonWealth Real Estate Your Way, Brodheadsville
Pocono and Lehigh Valley Real Estate Blog

Now that summer is just about here, should I add a deck ?

Adding a wood deck is the upgrade that brings homeowners the best return on their investment. Nationwide, homeowners recoup on average 81 percent of the cost of adding a wood deck to their home, but that number drops to 71 percent when they go with a composite deck, according to the 2009-2010 REALTOR® Magazine/Remodeling Magazine annual Cost vs. Value survey.

That’s just the beginning of what homeowners need to know about decks. Their return on investment varies depending on where they live, and upgrades like planters and shade sails can also make their deck—and home—more valuable. Help buyers and sellers understand the ins and outs of adding, improving, and maintaining decks with tips now available in the June “Decking Out” bundle at the REALTOR® Content Resource. Here’s just a sample:

1. Know your deck options. Not too long ago, redwood and cedar were just about the only options. Synthetics, such as composite and PVC decking, and tropical hardwoods, such as ipe and mahogany, offer ease of maintenance and longevity that put the traditional favorites in the shade.

2. Understand pricing and maintenance. New decking materials are pricier initially, but don’t have the annual maintenance costs of softwood decks. In some cases, the overall cost (initial costs plus annual maintenance) of a wood deck can exceed those of a composite or PVC deck after only a few years.

For example, the cost of cedar decking is approximately $1,700 for a 16×20-foot deck. The same deck covered with composite decking would cost $3,200—a hefty $1,500 more. However, to keep the cedar looking good, it should be cleaned and resealed every year, at a cost of $90 to $100 if you do the job yourself.

For even more tips on the return on investment of deck projects, evaluating your home for a deck addition, deck options and upgrades, and the care and maintenance of your deck, check out the June “Decking Out” bundle now available at the REALTOR® Content Resource.

The REALTOR® Content Resource, the new tool brought to you by the NATIONAL ASSOCIATION OF REALTORS®, is an exclusive NAR member benefit that entitles you to download free homeownership content in your consumer website, blog, or e-newsletter. HouseLogic is the NATIONAL ASSOCIATION OF REALTORS’® no-topic-left-uncovered consumer website geared to helping homeowners make smart decisions to maintain, protect, and increase the value of their home.

Source: HouseLogic

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