Creating a realistic budget is essential to the success of any home improvement project. Whether you are planning a deck remodel or building a new one, it is vital to know what could affect the cost of your outdoor living space. It does not only ensure you are ready for your project, but helps you make the most of your investment.
Here are key things you should consider when creating a budget for your new outdoor living space.
How are you planning to use your deck? Will you use it for outdoor cooking or dining, or as a place for your hot tub. Do you wish to use your space for hosting gatherings or simply for lounging with family and friends? The function of your deck matters when you are creating a budget. Even before consulting contractors, you should already know how you are going to use your new addition.
Today, various materials are available for new or custom decks, such as cedar, vinyl, pressure-treated wood and composite. When choosing a material, consider its pros and cons as well as its maintenance. For instance, while composite decking may cost higher than natural wood, it is more durable and requires minimal upkeep. Decks in natural materials would need periodical resanding and refinishing, meaning they can cost more to maintain in the long run.
The size of your new deck plays a vital role in the overall cost of your project. Of course, the larger your outdoor living space is, the more it is going to cost. It will be easier to determine the size of your deck once you already know how you intend to use it.