Klf, Other/Just Looking in Fairmount/Art Museum,...

I live in the Art Musuem area in a two-story row house with finished basement (2 bedrooms and one a half bathrooms). We are considering putting in a

Asked by Klf, Fairmount/Art Museum, Philadelphia, PA Sun Sep 20, 2009

roof deck but it will be a challenge structurally to do. Is it worth doing financially, or for other than our own enjoyment. We don't seem many two story rowhouses with roof decks so maybe they know something we dont't? Your advice is appreciated.

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3
Jay’s answer
Personally, I love roof decks and people familiar with city life might pay a little more... but probably not enough more to cover the cost of putting in a good one. We considered the same thing before we had to move out of the area. I suppose it comes down to how long you intend to be in your place and how much use you expect to get out of it. If you're going to be there for a few more summers, definitely do it (especially if you can see art museum fireworks from your house)!
0 votes Thank Flag Link Tue Oct 27, 2009
Do it for your personal enjoyment. The ROI on the deck is insignificant, but it may increase your marketability when it comes time to move.
0 votes Thank Flag Link Sun Sep 20, 2009
Dear KLF,

If you're doing it for your own enjoyment, go for it! We shouldn't just bed down in our houses at the end of the night but genuinely enjoy their amenities while we live there. Will it pay off for you seems to be your question.

The best return of any remodel is kitchen and bathrooms. Period. What your deck may do though is not improve it's VALUE but rather improve its SALEABILITY at the end. Two homes near each other and all things being mostly equal if they sell for the same price and one has a roof deck and another doesn't, most people would chose the one with the roof deck. They may never use it, but people buying homes will think, "oh, we will have the coolest parties out here!"

Important note, if you're getting it done, get quality work done with all the appropriate permits and don't skimp. If someone sees a roof deck on a home they are thinking of buying and it looks like the roof deck is going to fall right through the roof, or it's faded or warped, or it's such a monstrosity rather then being a beautiful simple deck that fits with the surrounding neighborhood, you may cost yourself a sale.

I'm not in your area but I have professional associates in the area. If you would like a recommendation to one to perform a free market evaluation of your home before you get started, just drop me an email or give me a call.

Pamela Howell
REALTOR(R)
Technology Committee Chairperson
219-201-0500
0 votes Thank Flag Link Sun Sep 20, 2009
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