Pressure Treated Wood Decks by Archadeck

Pressure Treated Wood Decks by Archadeck

During times of financial uncertainty, people are naturally looking for answers about creating a secure future for themselves.

And in regards to the housing market, the environment has been wobbly ever since the housing bubble and subsequent collapse in 2007.

But things are looking-up in the U.S. housing and construction industry including expenditures for home improvement projects such as a deck addition.

The Washington Post recently published an important article from the Associated Press which covered the topic of real estate conditions as it relates to home remodeling.  The report originated from Harvard University and the Joint Center for Housing Studies.  The conclusions are encouraging.  And decks are back!

Decks by Archadeck

Decks by Archadeck

There is now solid evidence that the real estate market is improving with predictions that home improvement expenditures will increase by 20% at year’s end.

Nonetheless, summaries of the data also remind homeowners to choose remodeling projects wisely to avoid making costly missteps when it comes time to sell their home.

For example, a swimming pool addition traditionally lowers the appeal of a home because buyers with children are concerned about safety issues and older buyers don’t care for a pool’s expense and maintenance.  Other home improvements scoring poorly on ‘dollar-return’ include a home office, back up generator, sunroom, large garage addition or high-end kitchen and bathroom upgrades.

Wood Deck with Vinyl Rail by Archadeck, St. Louis Mo

Wood Deck with Vinyl Rail by Archadeck, St. Louis Mo

On the other hand, decks are among the list of top remodeling projects that are considered a solid, high-return item.

And the reason is fairly simple:  decks have a broad appeal to everyone and are a practical addition for every home.

Decks are an open and spacious ‘hang-out’ spot and a perfect place to gather with friends or family.

Practically speaking, decks add an ‘outdoor room’ to your home without the expense of a full room addition.

So when a home goes on the market, a well-built wooden deck with a pleasing design will yield an 85% ROI (return-on-investment) from home appraisers.  It makes good financial sense to invest in home improvements, like decks, that enhance your home’s resale value and curb appeal.  In contrast, it will be impossible for a homeowner to recoup the expense of a high-end home office, kitchen or bathroom upgrade.

Wood Deck, St. Louis, Des Peres area by Archadeck

Wood Decks by Archadeck in St. Louis

2013 is an ideal time for St. Louis homeowners to refurbish their property with strategically chosen home improvement projects like decks.

And a reputable and reliable deck builder, like Archadeck, will help you design a beautiful backyard deck that you can enjoy while optimizing your future return-on-investment.

If you reside in the Greater St. Louis area and you’re interested in adding a new deck (or replacing that old deck!) please give us a call, 636.227.0800.  We offer free, onsite quotes for decks and other outdoor structures — screened porches, pergolas, gazebos, and more.

For a full tour of our projects built throughout the Greater St. Louis region, just visit our website, west-county.archadeck.com and click on the photo gallery tab.

To return to our most recent articles, click here.

Sources and Citations:  Washington Post, Associated Press, Harvard University, Joint Center for Housing Studies, Archadeck Outdoor Living, Archadeck in Austin TX