There’s Gold in That Thar Deck - Adding a Deck Means Money In Your Pockets
March 26th, 2008 categories: Home Owners, Home Sellers
One of the easiest, least expensive exterior projects for your home is the addition of a wood deck. Even in Connecticut where you can enjoy your deck only half of the year, decks are an additional room for your house during those warm months.
A deck is economical to put in. And out of other exterior projects, a wood deck is more likely to pay off when you sell than most other projects such as the addition of a garage or sunroom.
According to the National Association of Realtor’s 2007 Cost Vs Value Remodeling Report, the average deck in New England costs $10,634 and home sellers can expect to recoup around 84.4% of the value on resale.
I was actually surprised to read that the average garage addition only recouped about 67% of its cost.
If you’re contemplating a sale soon or just want to enjoy the outdoors, adding a new deck may be the way to go.
