If you’ve ever wondered if adding a new roof to add home value is a wise decision, this article will give you the answers you need to make the right decision.
A new roof is a significant investment, but will it pay off? The answer is a big YES! While it isn’t as exciting as a kitchen or bathroom remodel, it offers a range of benefits that contribute to your bottom line.
A new roof to add home value – how it contributes
- Curb appeal: First impressions go a long way. A new roof instantly changes your home’s exterior, making it more attractive to buyers. In a competitive housing market, first impressions can often be the deciding factor.
- Increased market value: According to Remodeling magazine’s 2019 Cost vs. Value Report, homeowners can expect to recover around 68% of their investment on a new asphalt shingle roof, and considerably more in some cases.
- Save on energy bills: The latest innovations in roofing materials translate to improved energy efficiency. Features like cool roof coatings that reflect sunlight and reduce attic temperatures can lower cooling costs. These eco-friendly materials mean long-term energy savings and appeal to buyers.
- Peace of mind: Knowing how a new roof protects the structural integrity of your home against the elements is invaluable to a homeowner. Not worrying about leaks, water damage, or structural issues is a big selling point.
- Negotiating power: One of the biggest points of contention when negotiating with prospective buyers is the condition and age of the roof. Buyers will be less likely to ask for price reductions when they know the roof is new and in good condition.
- Quick sale: A home with a new roof usually sells faster because prospective homeowners know they can save time and money by purchasing it.
Making the right decision
If your goal is a new roof to add home value, consider the following:
Consider your timeline
If you are going to sell soon, a new roof is a strategic investment that can boost your asking price and attract buyers. Even if you aren’t selling, it is still a significant advantage because of the long-term benefits a new roof provides.
Materials: When deciding on roofing materials, consider your budget, home style, and local climate. There are many options, including asphalt, metal, tile, slate, and wood.
A reputable roofing contractor: This is one of the most important steps because the quality of the installation is critical. Choose a licensed and insured professional with a proven track record in your area.
Warranties and customer service: Look for a roofing contractor who stands by its work, offers strong warranties, and is dedicated to superior customer service.
Beyond monetary value
A new roof adds to the financial side of homeownership, but homeowners also gain enhanced comfort, safety, and peace of mind.
Southern National Roofing is a premier contractor that provides superior roofing materials, excellent customer service, and outstanding workmanship.vice, transparent business practices, quality materials, and expert workmanship.
Contact Southern National Roofing today to schedule a free estimate.
