Consider a New Deck When Remodeling
We here at Gold Standard Restorations have developed a reputation for being the roofing company homeowners in the Northwest suburbs of Chicago can trust to correct all of their home exterior needs. Much of that is due to our commitment to hard work. Like everyone else, we like to sit back and relax after a long day of difficult work. What better way to relax than by enjoying a sunny Illinois afternoon sitting on your deck?
Our comprehensive service package here at Gold Standard Restorations includes remodeling in Crystal Lake IL, McHenry as well as their many sister cities. No exterior remodeling job is complete without a new deck. We can help you choose the right decking materials to achieve your desired look, and we can install that new deck in no time at all.
The Financial Considerations of a New Deck
Beyond the added options for entertainment that a deck provides, it can also add untold value to your home. Yet enjoying this added equity requires that you address all of the financial implications associated with a deck installation. These include:
- Return on Investment: Typically, wood decks recoup about 70 percent of their value on resale, while composite decks may recoup only 60-65 percent. However, the added up-front savings you enjoy by using composite materials may make this type of deck a better option.
- Homeowners Insurance: Once your deck is completed, you’ll want to amend your homeowner’s insurance policy to reflect its value with the replacement costs of the deck added in.
- Property taxes: Depending upon the area you live in, your deck may cause your property taxes to increase slightly. In order to ensure that any potential increase is offset by the deck’s added value, have a local tax assessor review your plans early in the process.
We’re Here to Help
Your home is likely your most-prized asset. As such, you want to extract all of the value from it that you can. Adding a new deck can certainly help accomplish that, yet as is the case with any aspect of remodeling in the Northern Suburbs, it needs to be done with the right financial considerations in mind. Yet you don’t need to worry; our team here at Gold Standard Restorations will help advise you so that you can enjoy all of the benefits that such an addition has to offer. To start the process of planning your new deck installation, call us at 847-559-0776 today.