The Real Value of Adding a New Deck

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In Chicago, where summers are cherished and outdoor space is a precious commodity, homeowners often ponder whether a new deck can boost their property’s value. If you’ve been thinking about enhancing your home with a deck, you’re not just considering a simple addition. This blog will reveal why incorporating a deck could be a game-changer for your home’s market value and the lifestyle benefits that come with it.

Why a New Deck Will Add Value to Your Chicago Home

Installing a new deck can significantly increase your home’s market value. In real estate, first impressions matter, and a well-designed deck can make your property more appealing to potential buyers. For many Chicago residents, outdoor space is as important as square footage, especially during those fleeting summer months when the city comes alive.

A deck serves as an extension of your living space. It’s an area where family gatherings, weekend barbecues, and quiet mornings with coffee can easily become a reality. When potential buyers see a deck, they also see a place for entertainment and leisure, which translates into increased home value. It’s not just about aesthetics; a deck fundamentally alters how a home is used and enjoyed.

In terms of return on investment, decks are one of the most cost-effective home improvements. According to Remodeling Magazine’s Cost vs. Value Report, a deck can recoup more than 70% of its cost at resale. This statistic is particularly true in urban areas like Chicago, where outdoor space is limited. A properly maintained deck not only boosts curb appeal but also adds a versatility that is attractive to buyers.

Why Homeowners Might Want to Add a New Deck

Besides property value, there are numerous personal benefits to having a deck. Firstly, decks offer a simple way to increase your living area without the hefty expense of a full-blown extension. For families who are outgrowing their indoor space, a deck provides extra room to breathe and grow without the stress of major renovations.

A deck also offers a dedicated space for relaxation and entertainment. Imagine hosting friends for a sunset dinner, enjoying a quiet afternoon reading, or creating a safe play area for kids. The versatility of a deck allows it to serve various functions throughout the year. When designed with thoughtful features like seating, lighting, and planters, a deck can genuinely become the go-to spot for all ages.

Another great reason to add a deck is its adaptability to Chicago’s climate. Deck materials have come a long way, with options that withstand the challenging Midwest weather. From composite materials resistant to moisture and insects to pressure-treated wood that offers durability, today’s decks are built to last. This longevity ensures you can enjoy the benefits of your deck without constant worry about wear and tear.

Ready to Transform Your Outdoor Space?

Adding a deck to your Chicago home is more than just a construction project; it’s an investment in your lifestyle and property value. Whether you’re looking to create an outdoor haven for your family or boost your home’s market appeal, a deck is a fantastic choice.

Thinking about taking the plunge? Our team at Owen Enterprises Inc. is here to help. With our expertise in crafting personalized outdoor spaces, we’ll ensure your deck is both functional and beautiful. Contact us today to explore your options and transform your outdoor space into something extraordinary.