When you make improvements to your property, you increase its potential resale value, meaning that you'll be able to ask a higher price for it should you ever decide to sell.
Building an extension is a popular way to boost home value, but there are also plenty of things you can do in the garden to make your property more desirable.
For example, have you considered adding a deck to your outdoor space? Here are just some of the benefits a garden deck can bring you:
- A great spot for outdoor dining, entertaining and relaxation
- An attractive addition to your garden
- Extra space for your family to enjoy
And if, at some point in the future, you do decide to up sticks and move elsewhere, your outdoor deck will serve as an extra selling point that's likely to entice potential buyers and fetch a higher price.
How much does a deck add to home value?
According to this Telegraph article, an attractive and well-maintained garden can raise the value of your home by as much as 20 per cent. For example, if your home is already worth a quarter of a million pounds (£250,000) then sprucing up the garden could add an extra 50k to that total.
It's difficult to find any concrete statistics that specifically tell us how much a high-quality deck could add to your home's value on its own. Property Price Advice reckon that a deck or patio can add up to 10% by increasing your property's kerb appeal. According to reports from the USA, you can expect to recoup about 70% of what you spend on a composite deck when you sell the property on.
But at the end of the day, it's difficult to quantify exactly how much more attractive your home will be with a deck. If the people viewing your property enjoy hosting garden parties, eating outdoors on warm summer evenings, or just sprawling on sun loungers and unwinding in the fresh air, they're almost certain to see your garden deck as a strong argument for making you an offer.
If you'd like to add a deck to your property, contact TimberTech now to discuss your requirements and request a quote!
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