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Yes, it is possible to build a small, basic deck for $5,000, particularly if you use less expensive materials and a simple design. To stay within this budget, consider a size under 10x12 feet and use affordable materials like pressure-treated wood or cedar. While the general cost for deck building ranges from $4,350 to $12,560, with an average around $8,200, some projects can be completed for as little as $4,350. You can also save on labor costs by doing the work yourself, but be aware that mistakes could end up costing more than hiring a professional. A contractor may have a higher upfront cost, but they can ensure a safe, stable deck that will last.

There are approximately 5.33 board feet in a 2x4. You can use the board foot calculator in this article to easily find the answer. A 2x4 is 2 inches of thickness by 4 inches of width, so you need to find the length, with 8 feet being the most common. You’d use the calculator here to multiply 2 times 4 times 8, and then divide by 12, arriving at a total of 5.33 board feet. 

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.

Most building codes require that spindles or balusters on deck and stair railings be spaced no more than four inches apart. This safety standard, often called the '4-inch sphere rule,' is designed to prevent small children or pets from slipping through the railing. A good way to visualize this is that a 4-inch sphere should not be able to pass between two spindles. For the same safety reason, the space between the bottom rail and the deck floor should also be no more than four inches. As a general guideline, professionals often install three balusters per foot of railing. However, since specific requirements can vary by location, it is crucial to check your local building codes to ensure compliance before starting your project.