Roof replacement is an expensive project that many property owners put off or try to avoid. According to the National Association of the Remodeling Industry (NARI), however, 32% of real estate agents said a new roof recently assisted them in closing a deal. Here are a few ways a new roof boosts the value of a home.
1. Enhances the aesthetic value
As a home buyer, you would prefer the property with the most elegant beauty. Adding new roofing to your property also makes it much easier to sell it when the time comes. It is not so much about the money you spend when installing your roofing system. It is about what you are willing to invest in the long run. Of course, a new roof will enhance a home’s beauty when compared to an old roof.
2. Improves longevity
A new roof, as opposed to roofing repairs, increases the lifespan of your entire property. You don’t get to keep repairing your shingles or need to repair the roof regularly. This, in turn, will gradually increase the longevity of your roof, making it a worthwhile investment.
3. Enhances energy efficiency
Depending on the roofing design you select, installing an energy-efficient roof will undoubtedly increase the value of your home. The majority of property buyers are looking for more energy-efficient roofing systems. You might even get lucky and find clients who are willing to pay more as long as the property’s roofing system is designed to be environmentally friendly.
Is it worthwhile to invest in a new roofing system?
Although new roofing can gradually increase the value of your home, you should consider a few factors before installing it.
Consider inspecting the condition of your current roof. Is the replacement worthwhile? You should take a look at the market conditions also. It is not in every city that people consider new roofing to be why your property is valuable.
Additionally, you must consider whether the type of roofing you are considering will increase the value, or you will not be adding any value.
It is always a good idea to consult with a professional before doing any roof repairs or installing a new roof. Contact Vera Roofing & Construction for any roofing queries.