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Yes, adding a composite deck, such as one made from Trex, can significantly increase your home's value. It is a valuable home renovation for recouping costs, with some estimates for return on investment (ROI) ranging between 60% and 70%. More recently, Remodeling's 2024 Cost vs. Value Report suggests a deck addition has an ROI of 82.9%, with an average resale value of nearly $14,600. A new deck makes your yard more functional, enhances the landscape's aesthetic, and can entice prospective buyers. The investment may have a higher return if the deck adds usable square footage to the property.

Because adding a deck will yield a higher property value, you may have higher insurance costs. It’s important to follow the codes and regulations set by your local and state governments, so your insurance rates can be properly calculated. You may need an insurance revaluation after your deck is completed. The best course of action is to speak with an insurance professional to understand how adding a deck will impact your home’s insurance costs before you begin.

Expect to spend around $10,000 to $11,000 to replace a 20-by-20-foot deck. Using high-end materials like composite or exotic hardwoods can drive up the cost, as can custom features and design elements. You can also expect to pay more than average if your deck replacement requires a site evaluation or if you need the work done during the busy season.

Yes, it is possible to add an under-deck drainage system to an existing deck by retrofitting it to the structure. This process may require some prep work. For example, many drainage systems are installed on top of the deck joists, which would require you to remove the decking boards and railings first. To avoid this, you could opt for a below-the-joist drainage system. For best results and to ensure proper installation, it is recommended to consult a professional. A pro can inspect your deck, make any necessary repairs, and then install the drainage system correctly.