• Fri. Jun 24th, 2022

2022-06-02 | NYSE:AZEK | Press release

ByLinda W. Smith

Jun 2, 2022

Reveals key insights designed to increase home value and improve outdoor living

TimberTech®, a brand of AZEK® Company Inc., the industry-leading designer and manufacturer of beautiful, low-maintenance, eco-friendly outdoor living products, kicks off patio season by partnering to ‘Married to Real Estate’ husband and wife duo, Egypt Sherrod and Mike Jackson to help homeowners increase their home’s value and maximize outdoor living space.

This press release is multimedia. View the full press release here: https://www.businesswire.com/news/home/20220602005088/en/

‘Married to Real Estate’ husband and wife duo Egypt Sherrod and Mike Jackson are teaming up with the TimberTech® brand to help homeowners increase their home’s value and maximize outdoor living space to celebrate the start of the patio season. (Photo: BusinessWire)

“In our experience, a beautiful deck, especially one that is made of composite materials, provides an excellent return on investment for homeowners; and upgrading decks or porches to a composite product is one of the best and most common green upgrades for long-term savings and an easy way to increase home value, said powerful real estate broker and interior designer Egypt Sherrod. “We recommend our customers enhance their outdoor space with TimberTech decking to add value as it looks like beautiful natural wood without the maintenance like sanding and staining, and will save homeowners money. long-term money – why would you ever want to use wood again?”

The creative approach of Sherrod & CloseCurlyQuote; and Mike Jackson for Increasing Home Value Through Smart Investments, which was developed based on their experience as real estate agents and entrepreneurs, helps deliver long-term value and benefits to homeowners. By collaborating with real-world experts, TimberTech hopes to keep a better eye on category trends to further engage homeowners, designers and contractors.

“I’m a big proponent of using TimberTech over wood when working on deck and porch projects because it’s easy to install, low maintenance and can be enjoyed for years”,” said builder and contractor Mike Jackson. “With composite decking, homeowners don’t have to worry about annual maintenance or weather factors such as UV rays, precipitation, and the environment. Installing a deck or porch Using TimberTech is a great option to ensure a beautiful outdoor living space for 20, 30 or 50 years. It’s a fantastic investment and you can’t beat the performance and functionality.”

“We are thrilled to partner with Egypt and Mike to celebrate the start of decking season and share the benefits of TimberTech with homeowners across the country,” said Sam Toole, AZEK’s Marketing Manager. “Choosing TimberTech means enjoying a great patio that both looks good and feels good – not only will you have a beautiful, low-maintenance outdoor living space for years to come, but TimberTech is also more environmentally sustainable than alternatives to wood and turns recycled materials like plastic bags and milk jugs into premium decking Homeowners who choose TimberTech over less sustainable alternatives are making choices that help the environment a plank at a time.”

Key information for 2022

With peak renovation season coming up, here’s what property experts Egypt and Mike think will have the biggest impact and what homeowners should consider to maximize the value of their home:

  • Add more space. Wherever you can, increase your finished, heated square footage. The larger the square footage, the higher your comparability for resale. Think of an unfinished basement, a storage room or the possibility of locking up a garage. These are great options for increasing value. Plus, adding a finished deck and even a pergola increases the living space outside.
  • Adding rooms always increases resale value. Check with your local municipality to see what they call a “legal chamber.” Normally you need a window and a closet above ground level to consider it a bedroom. However, some cities do not require closets to be bedrooms.
  • If possible, add a bathroom. Adding a full bathroom can increase median resale value by an average of 5.7%*. So if it’s a $500,000 house, you’ve increased its resale by $28,500.
  • Outdoor living spaces greatly increase resale value. The extension of decks or screened porches often appears on the appraisal. Adding composite decking can be a solid investment and can add tremendous value. A high-quality composite decking material such as TimberTech, which gives you the look and feel of real wood, adds both aesthetic appeal and can add resale value while requiring less maintenance over time.
  • Make choices that last and require little maintenance: Consider renovations that will save you money in the long run and can last longer than you live in your home, such as a TimberTech deck. While these types of updates may cost more upfront, the overall lifecycle savings are often worth it.
  • Add updated energy efficient systems and appliances. State-of-the-art, energy-efficient appliances and durable building materials are popular with buyers. Add the convenience of smart technology everywhere and make sustainable material choices, and it’s a win! Smart hubs allow you to plug in your home devices and allow you to control their usage from the palm of your hand. You can optimize settings to use more energy during off-peak hours and less during peak hours, saving you money. It’s a great marketing tool for resale.
  • Boost curb appeal. First impressions are lasting impressions. Although it may not appear as a line item on an appraisal, pressure washing, painting, landscaping and exterior repairs always set the tone for a buyer before they even walk into a home. Studies show that the attractiveness of a home’s exterior can increase its resale price by an average of 7%**.

For more information about TimberTech and its product portfolio, visit TimberTech.com or follow @TimberTech on Instagram for inspiration from outdoor living.

About AZEK Company

The AZEK Company Inc. (NYSE: AZEK) is the industry leader in the design and manufacture of beautiful, durable, low-maintenance, and environmentally friendly outdoor products, including TimberTech® decking, Versatex ® and AZEK Trim®, and StruXureMT pergolas. Consistently recognized as the market leader in innovation, quality and aesthetics, AZEK’s line of products are made from 100% recycled materials and primarily replace wood on the exterior of homes, providing a durable, eco-friendly and stylish. consumer solution. Leveraging the talents of its approximately 2,000 employees and the strength of relationships throughout its value chain, AZEK is committed to accelerating the use of recycled materials in the manufacture of its innovative products, keeping millions of pounds of waste out of landfills each year, and revolutionizing the industry to create a more sustainable future. Based in Chicago, Illinois, the company operates manufacturing facilities in Ohio, Pennsylvania and Minnesota, and recently announced the opening of a new factory in Boise, Idaho. For more information, please visit azekco.com.

Caution Regarding Forward-Looking Statements

This release contains or refers to certain forward-looking statements within the meaning of the federal securities laws and subject to the “safe harbor” protections thereunder. Forward-looking statements are statements about future events and are based on our current expectations. These forward-looking statements can be identified by the words “believe,” “hope,” “expect,” “intend,” “should,” “target,” “anticipate,” ” “goal” and similar expressions. Financial information and projected performance, including our guidance and outlook, are forward-looking statements. Other forward-looking statements may include, but are not limited to, statements regarding our future growth and goals as well as statements regarding the goals, effects, consequences and expectations of our partnerships with third parties, the ultimate impact of our products on the home values ​​and experiences of any particular buyer of our products. The Company bases its forward-looking statements on information available to it as of the date of this release and undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of changes in circumstances, new information , future events or otherwise. , unless otherwise required by law. Actual future events could also differ materially due to numerous factors that involve substantial known and unknown risks and uncertainties, including, among other things, the risks and uncertainties set forth under “Risk Factors” and elsewhere in the Company’s reports on Form 10-K and Form 10-Q and other risks and uncertainties discussed in subsequent reports that the Company files from time to time with the Securities and Exchange Commission. Although we have attempted to identify important factors that could cause actual results or events to differ from those described in these forward-looking statements, there may be other factors that could cause actual results or events to differ. differ from those anticipated, estimated or expected. Given these uncertainties, investors are cautioned not to place undue reliance on our forward-looking statements.

Information source:

*Door open

** Realtor Magazine


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