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A deck is typically attached to a house and accessed via the back door. Decks are usually constructed from wood or composite materials. A terrace, on the other hand, is a raised platform that can be attached to or detached from the house and is typically made from a hard-paved material, such as paving stones. Terraces can be built on the ground or on the roof of a home.

The average cost to enclose a patio to create a sunroom is around $5,000, and prices generally range from $3,000 up to $10,000. The price you pay will depend on the state of your patio and whether it needs repairs or additional structural support, the quality of the materials you choose, the size of your patio, and whether you plan to run utilities into and finish the sunroom. The price for a fully finished patio enclosure could run up to around $20,000, while you might pay just $2,500 for a screened-in porch.

A prefab sunroom will last for between 10 and 20 years in most cases, although you could get up to 50 years out of a high-quality prefab sunroom. In addition to material quality, your prefab sunroom’s lifespan will depend on the foundation type and the climate in your area. Extreme weather and expansive soil can decrease the expected life.

A screened-in porch can add value to your home, with a potential return on investment (ROI) of 70% to 84%. The actual value added depends heavily on several factors. Climate is a major consideration; homes in warm, humid, or buggy areas (like the Southern regions) see the highest ROI. In colder climates, the value is diminished as the unconditioned space is unusable for much of the year. Other factors that influence the return include the quality of materials and construction, the size of the porch, and the local real estate market. While a screened-in porch can enhance curb appeal and attract potential buyers, it is not included in the home's total square footage for appraisal purposes.