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Yes, Ipe is more expensive than Trex decking—both in terms of materials and installation (plus, Ipe trees are endangered). On average, Ipe decking costs $10 to $25 per square foot, while Trex decking costs $5 to $12 per square foot. Because Ipe is harder to work with, the price of installation is higher, too. For Ipe decking, you’ll pay between $20 and $45 per square foot for labor. However, with Trex decking, the labor costs range from $8 to $22 per square foot.

Yes, an elevated deck can increase a home's resale value. Homeowners can expect a 65% return on investment from the cost of a second-story deck installation. For example, if you spend $5,000 to install a second-story deck, that deck will add $3,250 to the value of your home.

Many composite decking manufacturers, including the popular Trex brand, offer warranties that protect against warping under specific conditions. These warranties typically last between 20 and 50 years, but they usually exclude claims related to improper installation of the product. Some manufacturer warranties only cover decks built by certified professionals.

You can build an outdoor kitchen on a deck, but you should choose composite decking since it's more heat-resistant. Metal deck materials like steel and aluminum are also good choices because they're less flammable than wood. You should also consider the weight of the kitchen—make sure your deck can support it and any appliances you plan to use. You should consult a structural engineer to confirm exactly how much weight your deck can safely support when building an outdoor kitchen.