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Building a deck on your home will increase its value. There have been several surveys that explain this. According to these surveys the cost of building a deck is much smaller than the dollar value it will add to your home. In fact the survey also showed that if the house is sold within one year it could add up to 75% of the building cost. The amount varies by location. Any way you look at it adding a deck is a wise investment.
Most people wonder why does it add value and this will explain why. Building a deck adds value because it adds living space, specifically outdoor living space. When most people go to buy a home the option to have outdoor living space for entertaining or for relaxing adds value in their eyes. Decks and patios not only add the extra space for them but also the enjoyment of being outdoors. When people want to entertain this gives them a place to go that is not the kitchen and opens up space inside the house. To be able to have extra space to BBQ with the family. To be able to sit around a table and enjoy spending time without being stuck in the house on a beautiful day.
When considering this value aspect also consider what this value means to each person. The value to them is having a place to sit in the morning to have their coffee. To some people this will mean having a relaxing place to sit and relax after the kids have gone to bed. This added addition may also give the idea to have a swimming pool put in for even more value and enjoyment. Many find this to be a great spot to add a hot tub. Now that would make it a great place to relax after a long day.
The simple truth is that even if you plan on staying in your home for a long time this is a great asset. There are endless things to do and build onto your deck.
