Compare Costs of Decks vs Patios Summary: Average Cost of a Deck vs a Patio The average cost of a 16' x 20' deck is between $6,720 and $22,720 depending on materials and labor costs. Your email address will not be published. This is for a 16’ x 20’ deck with pressure-treated wood. You’ll need a patio that will compare with those of your neighbors while being slightly better, ideally. And it’s easy to see why. Adding a deck to your home comes with a price tag — the average deck cost of a new wooden deck is approximately $10,000, while the deck building cost of a new composite deck … It’s clear that a deck adds more value than a patio, but they also cost more upfront. A DIY 16' x 12' patio made from concrete pavers has an average cost of $700, with a poured concrete patio … For example, an outdoor home addition will likely add more value to a home in California than it would in Minnesota. A deck provides more outdoor living space, but does it actually increase the value of your house? There are many financing options available to homeowners for building a deck or patio and improving their lifestyle, while also adding value to their property. A larger deck will likely add more value than a smaller one, so consider your deck square footage. Regionally, decks recouped more of their costs in regions where outdoor lifestyles are more popular. It’s amazing how a few small insects can ruin an enjoyable time on the patio. On average, a 16’ x 20’ deck addition will cost $14,000. Let’s take a look at how a property appraiser determines your deck value. These responses earned decks a “joy score” of 9.7%. Decks average between 65% and 85% ROI (return on investment), whereas patios average between 40% and 65%. Justin Childress is the creator of Sunshineandplay.com. By Kate Dore December 17, 2020 . From 1999 to 2007 he was vice president for public affairs at the National Association of Realtors. But this gets tricky because in some areas a nice deck or patio will stand out to potential buyers if the other homes in the area don’t have them. “The average ROI of professional deck construction is 73%. On average, a deck which cost $10,347 to build added $8,835 to the value of the home when it was sold [source: Remodeling ]. Even if you’re planning on selling your house soon, it’s not exactly a quick turnaround in either case. In addition, a well-maintained porch can have an effect on your home’s curb appeal, which is an important piece of how quickly a property sells, as well as the selling price. Adding a sunroom to your home is more than most do-it-yourselfers can take on, however, experienced sunroom craftspeople will make your sunroom addition as stress-free as when you’re finally sitting there enjoying it. Cost: All of these are nice options, and often times which are selected will depend on what fits the house and yard the best, design taste, material preferences, and budget. The more unique and inviting your patio is, the more money it is going to fetch. The memories you can create in outdoor living spaces are priceless. Sunshineandplay is where I come to share my love of outdoor living and playing with others! Where you live, the materials you use, and how long you plan on staying in your home are all things to consider when deciding on a patio or a deck. In general terms, a deck will add more value to your home than a patio. Three out of four homeowners (77%) said they have a greater desire to be home since completing the project. Adding a sunroom to your home is an investment, but it’s an asset that is worth your hard-earned money. Increasing the amount of usable space in a home always equates to adding more value. Option 3: There are also designs that “split the difference”: do a few steps down from the door, a mid-level raised patio or deck, and a few more steps down to the yard. A deck or patio is something that everyone can use whether you are a single person hosting friends, or have a growing family and use the deck … However, they do require more maintenance, a higher upfront cost, and are more complicated to build than patios. Some upgrades simply aren’t worth the expense and time. Outdoor living spaces have become increasingly popular in recent years. The more expensive the de… For advice, you can consult a local realtor to see which option is likely to add the most value for your specific area. Your new outdoor living area should not only fit the style of your home and neighborhood, but it should also look natural. Other studies put wooden decks at a slightly higher ROI, some as much as 80% or more. 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