Americans love certain parts of a home more than the others. Take, for example, decking systems.
In the 2019 Cost vs. Value Report, an addition of a composite deck will provide you with more than 60% return on investment (ROI). Although the ROI is lower, a wooden floor still has a higher resale value at over 75%.
Meanwhile, Million Insights forecasts that the demand for timber decking will only continue to increase at least until 2022. It will also be a sought-after feature for both residential and commercial projects. The talk for the best deck stripper are always in the mix as well.
Decking isn’t an easy project to do, and the material to use depends on many factors such as foot traffic, size of the house, and topography. Still, Americans are willing to spend money on it. Why?
The Love for Entertainment
Contrary to popular belief, humans are sociable creatures. Some might retreat for days, but they will always find time to connect with others at some point. Although a number prefer to meet up with friends somewhere, most want to entertain guests at home.
Usually, it means using the living room and the dining room (or both). Over the years, however, more homeowners choose to extend these parts of the house outdoors.
According to the data by the International Casual Furnishings Association, more than 45% of American homeowners plan to buy at least one outdoor furniture this 2019. Around 33%, on the other hand, said they want to add a few pieces on their decks and patios.
Over 80% of the households already have outdoor living space while half of them owns spaces that can accommodate up to eight people.
Decks, like patios, can multiply the floor space of a home. They can also make the transition between inner and outdoor spaces more seamless by using the same flooring material. Either way, decks are the best way to tell guests to feel at home.
In states such as Utah, the outdoor views are often gorgeous. Sunlight streams through the windows and the garden during summer. In the winter, the cities transform into an icy wonderland. The fall foliage creates the most picturesque autumn sceneries.
For homes located in these areas, these natural landscapes are less meaningful when homeowners cannot maximize them. Putting up decks and patios can be some of their options.
Looking at natural surroundings can also benefit them physically and mentally. More studies showed the positive effects of nature on one’s health, such as reduced stress, anxiety, and depression.
The presence of nature can even encourage people to spend more time outdoors. This way, they can improve their intake of vitamin D, which enhances immunity, and encourage them to exercise.
The Value of Economics
Another possible reason for adding a deck is economics—that is, homeowners want to increase their home’s resale value. As mentioned, decking offers excellent ROI.
It even performs better than other types of home improvements such as a bathroom remodel. Not only that, adding decks is usually more affordable than upgrading a bathroom or adding a new room. Whatever the reasons, a well-designed deck is always worth the money.