Will a New Roof Increase Your Home’s Value?
A roof may not be the foundation of a home, but it protects everything inside it - and therefore the roof is a crucial part of the home’s structure. It makes sense that when trying to sell your home, a new roof could make a great selling point.
But, does a new roof increase your home’s value?
A New Roof = An Increase in Value
Yes, it is true. Adding a new roof to your home can increase your home’s value. Some professionals in the field would agree that a new roof is one of the best renovations you can make to your home - providing a higher return on investment than bathroom and kitchen remodeling projects.
A remodeling impact report released by the National Associate of the Remodeling Industry (NARI) shows that a new roof may bring you a 107% ROI. And, according to the same report, 33% of realtors say that a new roof is what closed the sale!
You read that right - your new roof could give you a profit and sell your home faster.
It is not uncommon for real estate agents to quickly point out a new roof when first showing a new property. There is something about knowing that the roof is a new layer of protection that sparks the interest of potential buyers. Agents know this and it becomes a huge focus in securing a sale.
So, what is so special about a new roof that the home’s value would increase?
Energy Efficiency
Our world is becoming increasingly aware of how important it is to go green. Energy-efficient homes are often big sellers because they not only help the planet but ultimately save the homeowner money on utilities. It’s worth mentioning that feeling good about reducing one’s carbon footprint is just another bonus.
Newly constructed homes are being built with this attitude of going green in mind. Older homes, though, are lacking. With a new roof, there is an increase in insulation, providing lower cooling and heating costs - and great green appeal.
Curb Appeal
The moment someone pulls up in front of your house, they gain their first impression. This is what curb appeal is all about. You can have a beautifully painted house with impeccable landscaping, but if that roof is faded or maybe even be missing a few shingles - it is enough to ruin the entire appeal of the home.
If you are looking to sell your home, you will want to make sure your roof looks as nice as the rest of the home. Even better.
Make an Impact with Your Roof Thanks to Weatherguard Roofing
Does a new roof increase home value? Let’s just say that the value of your home is directly impacted by your roof. So, whether you are ready for a new roof, think you may just need a repair, or want to discuss your options, Weatherguard Roofing can help.
Contact us today via text at (734) 560-2339 or by calling your most convenient location:
- Wayne County: (734) 425-9665
- Oakland County: (248) 344-4966
- Livingston County: (810) 229-6003
Or, schedule your free estimate online.
