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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.

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

It’s best to keep your awning retracted if winds are 25 miles per hour or more to make sure your awning doesn’t sustain irreparable damage due to wind. Some awnings can take winds up to 30 miles per hour without any damage, but it’s best to consult the manufacturer’s guidance. A good rule of thumb is if it’s too windy for you to comfortably stand outside, it’s time to bring the awning in.

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.