Rooftop decks are in demand this year and are the amenity that will set a property apart, says MarketWatch reporter Daniel Goldstein. Residents of both multifamily properties and single-family homes enjoy time spent in the sun on a rooftop overlooking downtown views of the city or landscapes in the suburbs. Craftsman-era homes on the West Coast have included rooftop decks for years, but the trend is growing.

Additions of rooftop decks have been accelerating for the past several years, said Pete Reeb, a principal at John Burns Real Estate Consulting in Irvine, Calif. He said about 5% of projects he’s seen currently have rooftop deck plans, but said that number is likely to grow. Builders are finding great success in attracting buyers and beating the competition by offering thoughtfully designed and integrated rooftop decks in new home projects,” he said.

Rooftops decks are best for high-density markets where there isn't much space to build patios or outdoor rooms, or in markets with impressive landscapes such as the Southwest, Texas, the Pacific Northwest, and Southern California.

“Homeowners want another place to gather and be outside,” said Marnie Oursler, owner of Marnie Custom Homes in Bethany Beach, Del. Homeowners are making concessions on the indoor space to accommodate the higher level of finish for the exterior living space such as outdoor kitchens and rooftop decks, she said.

Rooftop decks are also gaining popularity in the commercial and multifamily industries. For more about rooftops in multifamily properties, click here.

Read more >