Will a Residential Deck Increase My Property Taxes? You can build a basic deck for between $3,500 and $4,000 and immediately increase the property value of your home while, at the same time, also adding curb appeal. This will cost you about $11,000 for a decorative deck but that’s totally on the high end. On average, a basic deck will cost about $15 per square foot but this figure will shoot up to $35 per square foot for an elaborate and sophisticated deck. The cost of building a deck for your home will vary depending on the materials used, the design, and the size of the new construction. But the type of material used may dictate just how much of your investment can you recoup.įor instance, a wooden deck seems to command the highest value as homeowners typically get as much as 80 cents to the dollar that they put into the new renovation. Residential decks are a good investment because of two things: first, they add value to your home and second, they extend the overall space of your house.Īccording to the Remodeling website, which compared expenses and returns of renovations, the deck is one of the few areas in the house that will actually boost the value of your home when it’s time to resell.
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