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The average cost to build a pergola ranges from $2,200 to $6,400, whereas the average cost of an awning ranges from $1,400 to $4,400, meaning that an awning tends to be less expensive to build or install than a pergola. Ultimately, the less expensive option depends on a few factors, including size, quality of materials used, and location.

Awnings are either fixed or retractable and can be paired with a variety of cover materials. Fixed awnings are a permanent outdoor feature of a building. These are highly durable and require ongoing maintenance. Once installed, the position of this awning cannot be changed.

Retractable awnings are more popular than fixed awnings since the cover can open and close. This allows homeowners to open and close the awning, depending on the weather. When not in use, it can be closed to allow for extra space.

Awnings offer a variety of materials to choose from, each of which has its own benefits. Cotton is a lower-cost option that’s also more eco-friendly because it’s made from natural materials, while acrylic-coated polyester and vinyl offer better durability against harsh weather. Fiberglass and metal are also resilient to weather, although metal can be vulnerable to corrosion without protective sealant. Ultimately, you’ll need to consider your climate and your budget in deciding the best material for your awning.

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.