Acquiring a retractable deck awning is a big deal. While smaller, less-expensive awnings start at around $500, larger, higher-quality awnings can cost as much as $2,000 or more. Before you make the decision to buy a retractable awning, you should learn as much as possible about their benefits and drawbacks.

You save money on electricity bills. In summer, you can expand your awning and prevent the sun from not only heating up your patio, but also your home. In the winter, you can retract the awning and allow sunlight to heat your home, thus reducing stress on your heating unit. In both cases, your heating/cooling costs will be lower.

You can protect your furniture. Even though patio furniture is considered to weather the elements better than indoor-only pieces, Weather will still have an effect on chairs, tables, and other outdoor furniture items. With a retractable awning, these patio pieces won’t be exposed to sun or water damage.

You can increase your home’s value. If you are thinking about selling your home in the near future, a retractable awning is an attractive feature that could separate your home from similar properties in the marketplace. It certainly adds more “functioning footage” to your home, because you can entertain, dine, or relax in a space that many not be usable for those activities in homes without retractable awnings.