Welcome to the third installment of Florida Pavers & Pergolas: Things to Consider When You Plan on Building a Deck or Patio.
As a homeowner, one of your goals is to make your property more usable and enjoyable. If you're looking for ways to do this, then building a deck or patio might be the right answer for you!
There are many things that go into planning on building a deck or patio - from how much it will cost to what type of materials you should use. You'll want to take all these factors into consideration when deciding if this is something that's right for you and your family. Today we are going to be diving into the financial aspects that affect your decision-making when planning for a deck or patio build.
Consideration #3: Cost
The next consideration between a deck and a patio is a big one for most people. And that is the cost. I can say without a doubt that a deck will cost more than a patio of the same size. According to Home Advisor, installing a patio costs anywhere from $5 to $50 per square foot. Most people pay in the range of $8 to $20 per square foot. Most of your costs come from the materials you choose and the upgrades you opt for. Labor runs anywhere from $5 to $15 per square foot. Materials run anywhere from $1 to $35 per square foot, before upgrades.
That gap in costs is only continuing to rise due to newer materials that are coming out that are lasting longer and requiring less maintenance. Which is pushing the cost of a deck higher and higher. Now better materials for a deck mean higher costs and less maintenance, which turns into more enjoyment and less upkeep work for you.
If you're building a patio, you can increase the quality of your patio. Something between concrete pavers and natural stones. And those changes in materials don't add up to a significant amount of money when you compare it to what it costs to build a modern deck. You can also increase the quality of your patio by adding things like pergolas, outdoor kitchens, and even permanent fire pits.
Another consideration related to cost is the resale value or your return on investment. This is particularly important because if you're thinking about selling your house in the next couple of years, you want to get the most out of the money you put into it. So the accepted numbers for the resale value of a deck is about 75% of what you put into it. While that same return on investment is only about 40 to 60% for a patio. Keep in mind that a deck can cost twice as much to build increasing your upfront investment versus the cost savings of building a patio consideration.
Here at Florida Pavers & Pergolas, we are patio professionals. If you have a question about how much a custom patio would cost you, give us a call, and we will talk you through all of the options available.
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Florida Pavers & Pergolas services the following areas:
Orange County, Seminole County, Lake County, Osceola County, Volusia County, and Broward County. Our team commonly operates in Metro West, Doctor Phillips, Windermere, Kissimmee, Winter Garden, Gotha, Oviedo, Oakland, Apopka, College Park, Winter Park, Sorrento, Longwood, Altamonte Springs, Lake Mary, Heathrow, & Sanford.