Do Decks Increase
Home Value in Denver?
As a Denver deck building company, we often get asked by homeowners whether investing in a new deck will actually increase the value of their home. It’s a great question and one that deserves a thoughtful answer.
After all, a deck is a significant investment, so you want to make sure it’s going to pay off when it’s time to sell your home.
The short answer is yes; a well-designed and well-built deck can absolutely increase the value of your Denver home.
In fact, according to Remodeling Magazine’s 2023 Cost vs. Value Report, homeowners in the Denver area can expect to recoup around 67% of the cost of a wooden deck and 56% of the cost of a composite deck when they sell their home.
Why Decks Increase Home Value?
The reason decks are such a great investment is that they add usable square footage to your home in a relatively affordable way. Compared to the cost of building an addition or finishing a basement, a deck is a much more budget-friendly way to expand your living space.
And in a climate like Denver’s, where we get to enjoy 300+ beautiful days outdoors, a deck becomes an invaluable extension of your home.
A deck also adds tremendous value to your day-to-day life.
Being able to grill out, entertain friends, or simply relax and soak up the stunning views of the Rockies right from your own backyard all makes up for a great return on your “experience investment.” That’s the kind of quality-of-life improvement that’s hard to put a price tag on.
Of course, not all decks are created equal. The materials you choose, the size and design of the deck, and even its location on your property can all impact its value.
Here are a few factors to consider when planning your Denver deck:
- Wood vs. Composite: Wooden decks are generally more affordable to build, but they require more ongoing maintenance. Composite decks are more expensive upfront, but they’re much more durable and lower-maintenance.
- Size and Layout: Larger decks tend to have a bigger impact on home value, but you also don’t want to overbuild for your lot size. Work with a deck builder like us here at My Dee’s Decks n’ Ducts to find the right balance. And consider features like multiple levels, built-in seating, or an outdoor kitchen to really maximize the usability and appeal of your deck.
- Location: The location of your deck in relation to your home and yard can also affect its value. Is it easily accessible from the house? Does it take advantage of the best views or sun exposure?
These factors can make a big difference.
FAQs
Yes, you typically need a permit to build a deck if it’s more than 12 inches above the ground. Learn more about the permits required for decks in Denver.
The timeline can vary, but most deck projects in Denver take about 1-2 weeks from start to finish, depending on the size and complexity of the design.
Summary
Of course, the best way to ensure your Denver deck project is a success is to work with an experienced, reputable deck builder like My Dee’s Decks n’ Ducts.
They can help you navigate all of these considerations and design a deck that not only looks great but also delivers a fantastic return on your investment.
So if you’re a local homeowner wondering whether a new deck is a smart move, the answer is a resounding yes.
Not only will it boost your home’s resale value, but it will also provide you with years of outdoor enjoyment and countless memories with friends and family. Sounds like a win-win to us!
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Jill M.
"Sam was great to work with. Helped us to find some creative solutions and got the work done in the time quoted. We had to pivot a bit during the project and Sam was willing to make necessary adjustments. I appreciate a hard worker with attention to detail!"