So you’re itching to sell your home, but you’re not sure if it will sink or swim in a newly competitive housing market. Many homeowners today are in your shoes as they look for economical renovations that can be made to help their property stand out in a sea of competition.
Build a Deck to Boost Your Property Value
If your backyard is lackluster at best without an area to entertain, it may be sorely in need of a quality wood deck. Builders estimate that building a backyard deck could increase the value of your house to equal close to 80.6% of the total project cost.
Depending on the area you live in, the resale value provided by a deck could climb even further. Wood decks built onto a house in the Pacific Northwest may retain up to 91.5% of the original project value.
Throughout the US, upgrades like a backyard deck are valued highly because they provide homeowners with the opportunity to enjoy their outdoor living space. Even though a backyard may be landscaped and well groomed, a yard without a deck will be difficult to enjoy to its fullest.
A newly built backyard deck can instantly increase the curb appeal of a property. Although a prospective buyer may not see a backyard deck the moment they step foot in the front door, the upgrade will immediately improve the overall appeal of a home and could help a buyer to make a crucial final decision.
Is Ipe Decking the Right Choice for Your Home?
Now that you’ve made the big decision of adding a deck onto your home before putting it on the market, it’s time to move on to your choice in materials. Today, a number of modern homeowners prefer to upgrade with natural ipe decking since it is dense, tough, and resistant to outside elements.
Even if you don’t plan to sell your home for years in the future, a well-made ipe deck will be built to last. Making this upgrade now will give you the opportunity to enjoy the deck in your own backyard as you relax, unwind, and entertain friends in warmer weather. Years down the road, the same ipe deck will prove to be an attractive selling feature for your property as ipe is known to maintain its rich color throughout all seasons.
As you begin to compare cost versus value in the upgrade of a backyard deck, the choice is clear. Along with siding replacement, kitchen remodeling, and basement remodeling, a built-on deck is considered a moderately priced upgrade that can boost the resale value of your home.