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A retractable awning won’t necessarily increase your home’s value very much, but it can offer a boost of aesthetic appeal to potential buyers. In the long-term, however, a well-placed awning will save you money on cooling and protect your deck and outdoor furniture from sun exposure during the hot summer season.

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.

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