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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.

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.

On average, awning costs range from $1,400 to $4,400. The low end of the cost range can be around $100 up to $7,500 on the high end. Cost factors include the type of awning, size, and location. Portable awnings are the most affordable and DIY-friendly to install, costing $100 to $400. Larger, motorized awnings tend to be more solidly built, ranging in price from $2,000 to $3,500.

Regularly clean with mild detergent and water, and inspect for rust or damage.