When it comes to home improvement, one of the most effective ways to increase your home’s value is by upgrading your roof. Not only does a well-maintained and aesthetically pleasing roof enhance your home’s curb appeal, but it also plays a crucial role in protecting your property.
Whether you’re preparing to sell your home or simply looking to invest in its long-term value, this blog post will guide you through several roofing upgrades that can have a substantial impact on your home’s worth.
How Does a New Roof Help in Increasing a Home’s Value?
Replacing your roof is an excellent investment that will improve the security of your home as well as its market value. Putting on a new roof is one of the best ways to boost the value of any property and raise its appeal to prospective purchasers. While a new roof may look great on your home, how much can it increase its value?
The national average reroofing cost is about $8,798, and material costs are rising rapidly. Still, a new roof can have up to a 107% return, the highest percentage cost recovered among all exterior projects. Your new roof can recoup its costs and make you a profit! A new roofing topped both lists, ranking higher than all other exterior home renovations.
Moreover, 39% of realtors suggested sellers complete a new roof before attempting to sell. 33% claimed the project helped close a sale.
Top 5 Roof Replacement Ideas to Boost Your Home’s Value
Here are the top 5 roof replacement ideas that can boost your home’s value and make your home stand out in the neighborhood.
Asphalt Roofs
Asphalt roofs are one of the most common types of commercial roofing systems. They are known for their durability, cost-effectiveness, and ease of installation.
Asphalt roofs consist of multiple layers of asphalt and fiberglass or organic materials. They are available in various styles, including built-up roofs (BUR) and asphalt shingles. BUR roofs comprise multiple layers of asphalt and reinforcing fabrics, providing excellent waterproofing and protection against UV rays.
On the other hand, asphalt shingles offer a more lightweight and versatile option, suitable for a range of commercial buildings.
Cement and Clay Tile Roofing
Cement and clay tile roofing systems are known for their aesthetic appeal, longevity, and resistance to fire and extreme weather conditions. These roofing materials are available in various shapes, such as flat, curved, or interlocking, offering versatility in design options.
Cement and clay tiles are durable, low-maintenance, and withstand harsh climates. They provide excellent thermal insulation and can help reduce energy consumption.
Metal Roof
Metal roofs are another popular choice for commercial buildings. They offer exceptional durability, longevity, and resistance to fire, wind, and impact.
Metal roofs are typically made from steel, aluminum, or copper and come in various styles, including standing seam, corrugated panels, and metal tiles. Metal roofs are lightweight, making them suitable for a wide range of structures, and they are often favored for their energy efficiency.
They reflect sunlight, reducing heat transfer and lowering cooling costs.
Duro-Last PVC Flat Roofs
Duro-Last PVC roofing systems consist of a flexible, thermoplastic PVC membrane that is custom-fabricated to fit each roof’s specific dimensions and requirements. The membrane is manufactured in a controlled factory environment, ensuring precise measurements and high-quality production.
The pre-fabricated nature of Duro-Last roofing systems reduces the need for on-site cutting and welding, resulting in faster and more efficient installations.
Synthetic Slate or Shake Roofing
Synthetic slate or shake roofing is becoming a popular option for homeowners looking for an alternative option. It’s a high-end look without the high cost of real natural material.
Made from a combination of plastic and rubber, they mimic the appearance of natural slate or cedar shake roofs. Yet they are much cheaper and will last as long.
Benefits of Getting a Roof Replacement
Homeowners are perpetually on the lookout for ways to increase the value of their homes. One home improvement avenue that often gets overlooked but packs a significant punch in terms of return on investment is a new roof.
Curb Appeal Enhancement
Before potential buyers even set foot inside your house, they’ll see the exterior. The roof, being a large and prominent part of any home’s facade, plays a critical role in creating that all-important first impression.
A worn-out, sagging, or discolored roof can be off-putting, suggesting potential underlying issues or future repair expenses. On the other hand, a new roof, especially one with modern materials and design, can considerably up the aesthetic appeal.
A house that looks well-maintained from the outside instantly feels more inviting, setting a positive tone for potential buyers.
Energy Efficiency and Cost Savings
Modern roofing materials are designed for both durability and energy efficiency. A new roof can better insulate the home, preventing heat or cold from easily escaping.
This leads to reduced energy bills; with rising energy costs, a home that promises to be a sanctuary of comfort without exorbitant bills is an attractive proposition.
Reduced Maintenance
While older roofs often come with a series of maintenance requirements – patches here, replacements there – a new roof offers peace of mind.
Homebuyers usually look for homes that won’t saddle them with immediate repairs. A newer roof signals that they won’t have to worry about such issues for a long time.
Enhanced Safety
Older roofs are often susceptible to leaks, mold, or even structural issues if not adequately maintained. A new roof eliminates these concerns, ensuring the safety of the occupants.
It also minimizes health risks, such as mold exposure, which can be a result of older, leaky roofs.
Upgraded Roofing Technology
Much like other areas of construction and home design, roofing technology is always evolving. Today’s roofing materials are more durable and efficient and often come with extended warranties.
Highlighting these features when selling your home can add significant appeal to potential buyers.
Better Return on Investment (ROI)
According to several real estate studies, a new roof offers one of the best returns on investment in terms of home improvement projects.
Not only can it increase the actual selling price of the house, but it can also speed up the time it takes to close a deal. Buyers are often more willing to pay a premium for homes they perceive as “move-in ready.”
Insurance Advantages
New roofs also mean better insurance premiums. Many insurance companies view older roofs as a liability. By updating the roof, homeowners may qualify for reductions in their homeowner’s insurance, which can be another appealing point for potential buyers.
Roof Replacement: Things to Think About
There are a few things to think about before spending money on a new roof. You can save time and money in the long run by investigating your material and manufacturer options.
It would be best if you find a roofer who is professional and cost-effective. One main benefit of hiring an experienced roofing company is in-depth knowledge and installation.
They can assess the unique situation of your project and provide customized solutions. Local roofers, for instance, can go the extra mile to offer you top-quality services with an eye for the smallest details. While planning a roof replacement ideas, keep in mind the following:
Expenses Related to Set-Up
When budgeting for a new roof, it’s crucial to take the cost of installation into account. The labor expenses associated with a roof replacement ideas can vary from a few hundred to several thousand dollars, depending on the size of your roof, the materials utilized, and the complexity of the installation.
Learn about your options for installers and compare prices before making a final decision.
Costs of Roofing Material
Asphalt shingles, metal panels, tiles, and wood shakes are just some of the options available for roof replacement ideas. When comparing price, longevity, and aesthetic appeal, each material has its own set of pros and cons. Before settling on a course of action, make sure you’ve done all the necessary research.
Is there any Warranty?
Find out how long the roofing material’s maker or installer guarantees it. Hail damage avoidance is an example of an extra service that certain manufacturers may offer in addition to standard warranties covering flaws in materials and quality.
If you want your new roof to survive for many years without leaking or deteriorating, a solid warranty is essential.
Hiring a Qualified Contractor
It’s crucial to hire a roofing contractor who has worked with the material you plan to use when replacing your roof. Before signing any contracts, make sure you have done your homework on the company, contacted references, and seen proof of insurance. Click here to contact a professional roofer.
Permits of the Local Building Code
There may be permit or code requirements specific to your area that must be met before you may replace your roof. Before starting any renovations, check with the local government to make sure you’re within the required guidelines.
Problems with Insurance Company
Before you start replacing your roof, check with your insurance company to see if the cost will be covered. You may need to upgrade your insurance or add coverage, depending on the nature of the construction materials utilized.
Final Thoughts
Investing in a new roof can increase your home’s value, and choosing the right roofing material can make all the difference. Considering the benefits and cost considerations of each option. You’ll find the perfect roofing material to meet your home value goals.
Evoli Roofing should be your top choice for all your roofing needs in DC, Maryland, and Virginia. With a team of highly skilled professionals and years of experience in the industry, we have the expertise to handle any roofing project. We are committed to using only the highest quality materials to ensure that your roof is built to last.
