• September 24, 2018

Project #9: Deck, Patio, or Porch Additions Of Our Top 10 Renovation Projects For Return On Investment

Project #9: Deck, Patio, or Porch Additions Of Our Top 10 Renovation Projects For Return On Investment

960 710 Gordon T Jacobs - Remodeling + Renovations

Need more living space in your home? Try looking outside! Creating more living space to your home can be challenging but a patio and porch addition is a great way to add extra space to your home. Adding a deck to your home is one of the best investments you can make to your home! In most cases, you can see a 100% return on your investment (ROI).

If you live an area with all four seasons, you’ll want to consider creating your outside space a place for your family to hang out during any season. A covered space for when it rains, a ceiling fan for the heat, and a fireplace for those cold winter nights are all options to consider when you are adding a deck, patio, or porch addition. Making your deck or patio addition with one or more of these elements will help you get the most for your money, but may not help you maximize your ROI.

The best way to maximize your ROI is to know what you can get for your budget, how much your home is worth, and to get approval of your renovation plans. Depending your neighborhood and how much your HOA fees are, you may need to get your backyard renovation plans approved.

One thing to always keep in mind is the value of your home before beginning a major backyard remodel. If you spent $30,000 on renovating your backyard you might not see that much in return. It’s a good idea to consult with a real estate agent and keep in mind the real estate trends in your area before deciding how much you should spend on your backyard addition.

We’d love to discuss your personal deck or patio project with you in further detail and answer any questions you might have!