Financing A Deck Depends On Design

Adding a deck onto a home to create a set-aside space for relaxing, planter gardening and even barbecuing, picnicking and entertaining is a big decision. Going from the decision to build and actually having a finished deck is a process that can take a little time. There’s planning, financing, and building to consider before the first-yard party can even be scheduled.

When it comes to building a deck, the expenses involved really depend on the kind of structure that’s desired. The smaller and less detailed, the less expensive the project will be. The more elaborate and detailed, obviously, the more expensive.

Generally, smaller do-it-yourself deck projects are undertakings that can be completed without the need for major saving and scrimp or even outside financing. A few hundred dollars in materials and maybe a permit, depending on design and local rules, and the money part is covered.

Homeowners who want very elaborate decks, complete with overhanging roofs, railings and perhaps even split-levels to accommodate pools or other features may find the undertaking is a bit more costly. How expensive, again, will depend entirely on the features, if a contractor is required by choice or law and how large the deck will be.

The best place to start figuring the actual costs and if financing measures, such as a home improvement loan, will be needed is to decide what kind of deck is desired. Before you sit down and say “tiny” just to save money, seriously evaluate your needs. If your family includes eight people, a tiny deck likely won’t hold you all for an outdoor dinner. Should you want to create a deck garden, a postage stamp size deck might not be in order either.

Be honest and evaluate your needs and wants. Then decide what kind of deck will help fit that bill. If a contractor is needed after you create a wish/want list and a description of the project is the time to call and start getting estimates. Do check into local laws and also evaluate each contractor’s background carefully before choosing a winning bidder.

With the estimate in hand, now’s the time to decide if the project is one you can float or if a small loan might be in order. Evaluate your options, weigh the possibilities and then make the best financing decision for your personal situation. Decks generally are not projects that will break the bank, but remember a little more money for quality work on the front end can save repair and replacement costs in the future.