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.

Building a deck is often worth the investment, not only because it provides more utility to your yard and gives you more space to entertain but also because decks tend to add value to your home. Keep in mind that second-story decks often require concrete footings, which means they will bump up your property taxes, while decks built on the first story generally don’t require a permanent foundation and won’t affect your taxes. Even with the tax increase, decks are usually a good investment in the long run.

There are more pros than cons when staining a deck. Deck stain is more affordable than paint, it protects the wood and allows the natural textures to shine through, and it can revive the appearance of your home. However, deck stain also requires prep work (sometimes days or more), carries more upkeep than a painted deck, and can fade over time if not cared for. 

You typically don’t need a railing and handrails on a deck that’s less than 30 inches from the ground. However, consider adding them regardless. Railings provide additional safety for you and your guests who use your deck—plus, railings give the deck a more finished look than it would have without them.