Question: how much does it cost to build a small balcony?
Answer: Cost of Building a Balcony The cost to build your new balcony will depend on several factors including size, height, materials, cost of labor, and finishes. According to HomeAdvisor, the average homeowner spends anywhere from $2000 total to build a smaller deck and about $7000 for a 200 by 500 square foot deck.