Your roof is integral to your home’s overall value. While a roof may not be one of the main things people consider when buying or selling a property, you would be surprised at how big of a difference it can make in someone’s overall impression and the home inspection results. If you’re planning to invest in a new roof for your home, rest assured that it can increase its overall resale value. In this article, find out how and why a new roof is a worthy investment.
Does a New Roof Really Improve Your Home’s Value? By How Much?
According to Credit Karma, getting an asphalt shingle roof replacement can increase your home’s value by about $18,780. The rate increase is even more impressive for some other materials, like metal. However, the actual increase may vary depending on the type of roof you’re installing, the materials used, and your home’s local market.
Reasons a New Roof Can Increase Home Value
There are several reasons a new roof can increase your home’s value. Here are some of the most critical ones you should consider:
- Improved Curb Appeal
A new roof can go a long way toward enhancing the overall curb appeal of your home, which is often a major selling point. Even if the buyers never get to step inside your home, they will be able to appreciate the look and feel of your house from the outside first.
- Increased Energy Efficiency
Another reason to get a new roof is that it can improve your home’s energy efficiency. Today’s modern roofs are designed with materials that offer excellent insulation, which helps reduce HVAC costs and creates a more pleasant living environment year-round. For prospective buyers who may be considering ways to cut down on their utility bills in the future, a new, energy-efficient roof can make your property more attractive.
- Better Home Inspection Results
One of the first things potential buyers look at in a home inspection is the roof. If it is old or in poor condition, it may reflect badly on the overall condition of your house. You don’t want to risk having an inspector point out problems that could later turn into costly repairs. With a new roof, inspectors and subsequent buyers can rest easy knowing that your property has been well-maintained and taken care of over its lifetime.
What Can Make Your Roof Even More Attractive to Future Homebuyers?
To make your roof even more attractive to potential buyers, you need to take a few extra measures, such as:
- Frequent Roof Inspections
It is your responsibility as a homeowner to schedule regular roof inspections to ensure it is functioning properly. During the inspection, a roofer can fix any potential problems before they become expensive issues.
Roof inspections are usually scheduled at least twice a year — one in spring and another in fall. This way, you can catch any problems quickly and have them addressed as soon as possible. If you are planning to sell, scheduling it gives potential buyers peace of mind that nothing is wrong with one of your home’s major components.
- High-Quality Roofing Materials
When choosing materials for your new roof, be sure they are of the highest quality to ensure its longevity and integrity. Not only that, but it gives homebuyers confidence that they won’t have to replace it in a few years.
Some of the best types of quality roofing materials include asphalt shingle, metal, tile, and slate. Asphalt shingles remain the go-to option, but there are other alternatives that vary in terms of price range. Metal roofs can be more expensive upfront, but their lifespan can last up to 50 years without having to be replaced or requiring major repairs. Tile and slate have a higher price point, but they are durable options that age gracefully and require lower maintenance.
- Professional Craftsmanship
The craftsmanship of your residential or commercial roofing matters too. While it can be tempting to cut costs by having an unqualified friend or relative do the work, hiring a certified and reputable contractor to install your new roof will guarantee quality results. A team of professionals has the know-how and experience needed to ensure that the roof is installed correctly and that all essential components are in place.
It’s best to hire a professional, local contractor for your roof replacement because they will be familiar with the types of roofs that work best in your area. They have access to top-quality materials and will guarantee their workmanship with a comprehensive warranty. Not only that, but having an established relationship with a qualified roofer can also come in handy if you ever require repair services in the future.
- Energy Efficiency
To maximize the energy efficiency of your new roof, make sure you choose materials with a high R-value. This represents how well-insulated your roof is and influences how much energy it can retain or expel depending on the temperature outside.
- A Transferrable Roofing Warranty
Make sure that your roof’s warranty is a transferable one. This protects the homeowner from any potential problems that may arise after they leave the house and puts future buyers at ease about their purchase.
Should You Repair or Replace Your Roof?
Whether or not you should repair your roof depends on the extent of the damage and its age. If your roof is nearing the end of its service life, it may be wiser to invest in a new roof than try to patch up minor issues that may come back to haunt you.
In some cases, it may actually be cheaper to replace your roof than to repair it. That’s because the cost of repairs can add up over time and become more expensive than if you had replaced the entire roof in one go. Also, investing in a new roof upfront will reassure future buyers that they won’t have to worry about any extra expenses due to aging or damaged materials.
Contact a Professional Roofing Company in Ocean View, DE
Investing in new roofing can have tremendous value-added benefits and make the entire process of selling much easier. From improving curb appeal to increasing energy efficiency and raising resale value, modern roofs are worth considering. Before starting any major home renovation project, always remember to consult a professional contractor. They will be able to guide you through the best materials and warranties.
For your residential roofing needs, turn to Hershey Exteriors in Ocean View, DE. Count on our experienced team to ensure your home’s protection against the elements with a roofing system that has all the necessary features and is backed by extensive warranties. We also specialize in storm damage repair and siding replacement. Call us today at (302) 569-9039, or fill out our online contact form to schedule a free consultation.