Adding a new deck extends your living space to the outdoors and, when well done, increases your home's value. According to Remodeling magazine's Cost Vs. Value Report 2013, building a 16x20-foot wood deck costs about $9,300 and realizes a return of slightly more than 77 percent on your investment, should you sell the house.
Opt for a deck composed of composite materials, and the budget output rises significantly to more than $15,000 and drops nearly 10 percent to a 67.5 percent return. (This means that with a composite deck you're out more than $4,800 at sale time versus a little more than $2,100 with the wood deck.)
For more, read All Decked Out: Pick Your Plank Material.