A brand-new wooden deck addition to your home will net you a 75% return on investment when you decide to sell, according to Remodeling Magazine’s 2016 Cost vs. Value Report, Realtor.com reports. That factoid helped prompt the website for the National Association of Realtors to make several suggestions to homeowners about how to get the most value of out of their decks:
A great way to save money? “Design your deck for standard lengths of lumber: 6-, 8-, 10-, or 12-foot boards,” says Chris Peterson, author of “Deck Ideas You Can Use.” This will eliminate any wasted wood from cutoffs. Peterson also suggests buying secondhand. “Organizations like Habitat for Humanity sell reclaimed wood from demos, as do some local salvage shops.” In addition to possibly scoring unique hardwoods, “the savings can be significant.”
Realtor.com also recommends homeowners waterproof wood decks regularly, consider composite alternatives, add grills and chairs, put in lights, and making sure any fire pit is located far from flammable stuff.