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Hero Fence and Deck: Don’t Blow Your Tax Return! Why a New Fence or Deck is a Wise Investment

Don't Blow Your Tax Return!
Why a new fence or deck is a wise investment

Introduction

Tax season is upon us, and you may find yourself wondering what to do with your tax return. There are a million ways to squander it: a hot tub, improv lessons, paying to jump out of a perfectly good airplane, you name it and there is someone standing there ready to take your money. In this informational post, provided by the experts at Hero Fence and Deck, we’ll take a look at why installing a new fence or deck is a smart investment that will yield financial and quality of life returns for years to come.

Immediate Value-add to Your Property

Fences and decks increase the value of your property. A fence is a great investment that absolutely increases property enjoyment and security while a deck increases valuable living space and offers one of the best returns on investment of all home improvement projects. By investing in a fence or deck now, you immediately increase the overall value of your home.

Comparatively Low-Cost/High-return Home Improvement:

Compared to other major home renovations, adding a fence or deck is more cost-effective and can yield a lot of “bang for your buck” affording you significant improvement in home functionality and aesthetics without breaking the bank. In the December, 2016 Remodeling Impact Study by the National Association of REALTORS® (NAR) and National Association of Landscape Professionals (NALP), the NAR/NALP found that a new wood deck will return 106% of its value upon resale.

Curb Appeal

Investing in a fence or deck improves the beauty of your property and makes it stand out from other homes in the neighborhood. A thoughtfully designed and finished fence or deck is a big draw to potential buyers if you’re in the market to sell your home.

Better Quality of Life

Beyond financial aspects, a fence or deck enhances your quality of life. The additional living space provided by a deck increases relaxation and entertainment. Outside of financial ROI, the aforementioned December 2016 Remodeling Impact Study found that 77% of new deck owners said they have a greater desire to be home since completing the project, and  51% have an increased sense of enjoyment when they are at home. Additionally, the privacy and security of a fence can’t be discounted. A new fence creates a safer environment for pets to run and children to play. You’ll also increase your peace of mind from knowing that your property is well- protected. 

Environmental Benefits

Fence and deck materials are increasingly being offered in eco-friendly materials . Choosing these materials for a new fence or deck can contribute to energy efficiency and environmental sustainability. Selecting materials like composite decking or bamboo fencing reduces the need for maintenance and replacement while decreasing the impact on the environment.

Conclusion

Considering what to do with your tax return is serious business. Spending that money in a way that is beneficial to your financial and personal well-being should be top of mind. A high return investment in a new fence or deck is a wise choice that enhances how you experience your home while increasing its value. 

If you’re considering a new fence or deck, the experts at Hero Fence and Deck are a great resource to consult with regarding your project. We’re happy to walk you through the process and choices to be made and help you turn your vision into reality.

Spring and enjoying your home’s outdoor living areas are right around the corner! Secure your project now. If you’d like to set up a consultation, please don’t hesitate to reach out or click the Free Estimate button below.