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Yes, you can replace just the fabric on an awning without having to replace the entire awning frame and hardware. This process will take a professional about one to two hours. If you want to DIY, it could take longer, especially for large or retractable awnings. Replacing the fabric on an awning can improve the look of your home and help naturally cool your interior and exterior spaces.

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.

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.

It depends on how you’ll use it. Both awnings and pergolas create shelter in outdoor areas, but pergolas have grid-style roofs, which are more open than awnings and not as effective at blocking out UV rays and precipitation. Also, pergolas are permanent structures, so you can’t put them away when you aren’t using them (unlike retractable awnings).