10 most valuable home improvements
Wooden deck addition
A wooden deck costs $9,539 and adds $8,334 in value, 87.4% of the cost, according to the Remodeling Magazine survey.
This project assumes a 16- by 20-foot addition.
Noteworthy here is that the projected percentage of the cost you'll recoup is better — and the renovation cheaper — than if you built a similar deck using composite materials.
Choose wood over composite, and you're picking value today over long-term upkeep because most decks constructed with recycled plastic and wood fibers are maintenance-free. Wood decks are not.
More than 80% of decks are built with pressure-treated wood, which should be retreated with water repellant annually, according to the North American Deck and Railing Association.
Source: Remodeling 2014 Cost vs. Value Report (www.costvalue.com).