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Yes, awnings can add value to a home, primarily by boosting its curb appeal and providing more usable outdoor space. While the exact monetary return on investment depends on the awning's size, style, and quality, they offer an excellent appeal factor to potential buyers. For example, an awning with a trendy metal roof can be particularly attractive. Even if the direct increase in resale value is modest, a well-chosen awning enhances the home's functionality and aesthetic.

Awnings offer a number of benefits, including:

• Reduced summer home cooling costs with lower solar heat gains

• Protection from sun, rain, and snow damage

• Increased curb appeal for your home

Keep in mind that awnings also have drawbacks, including the potential to reduce your view, block natural light, and create new occasional home maintenance needs.

Metal awnings last much longer than fabric thanks to their durability and resistance to fading, sun damage, and damage from the outside elements. They also need less maintenance than fabric options. Both items add curb appeal to your home, but you shouldn't expect either type of awning to add property value to your home.

Besides the type of awning, you’ll need to choose the type of cover. Your awning installation professional will review your options with you, including availability and costs. The types of covers you can choose from include:

• Wood, which is durable but can be damaged easily by rainwater and fire

• Cotton offers flexibility, weatherproofing, and easy cleaning

• Canvas is highly durable and is a good choice for retractable awnings 

• Metal is sturdy but is prone to rust

• Polyester is easy to clean and is a more breathable option

• Polycarbonate is highly resistant to UV rays and is difficult to damage