4 Ways Roof Upgrades Can Increase the Value of Your Home

Increase the Value of Your Home

Knowing your home’s potential selling price is important, especially if you are planning to sell within the next year or two. According to Remodeling Magazine, repairing or replacing the roof can increase a home’s value by an average of $12,000. Here are four ways a new or updated roof can help.

1. Better Curb Appeal

An old or worn-out roof doesn’t just have the potential to lead to structural issues or water damage. It can also be a big turn off to prospective buyers.

There are a wide variety of styles and colors to choose from. You can replicate many classic styles with new roofing, and asphalt shingles can be reinforced with newer, sturdier materials. Your roof repair company can suggest which choices will look great on your home.

2. Extended Warranty

Many new roofs come with a warranty. That way, if they are damaged within a set time frame, it doesn’t cost the homeowner any more money to fix them. Consequently, new shingles can lower your maintenance costs.

This may be a particularly attractive feature for people looking to buy your home. Taking on a new house payment can be stressful, so having the security of a roof warranty can help. Anything you can do to make it more financially feasible for potential buyers can give you an edge.

3. Lower Utility Costs

Another benefit of having a new roof is the improvement in insulation. A lot of your home’s heating and cooling escapes through gaps or cracks in your roof. By repairing them, you can save a lot of money on your electric or gas bill.

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When you are selling your home, you can use this information as a marketing point. If you have low energy costs, your realtor may use those numbers when showing your home. A house with efficiency features already in place can be very attractive to people when they are comparing different options.

4. Smoother Inspection

When it’s time to assess your property during tax season, you will likely need a home inspection. A new roof can make the inspection go more smoothly. The fewer problems you have to repair, the easier it is to get your home up to your municipality’s building codes.

If you are selling your home, an inspection is part of that process. Whether you pay for it or the buyer does, any problems with your roof are bound to show up on the report.

By taking the initiative to have a roof repair company inspect and either repair or replace it before it goes on the market, you can make your home more attractive to buyers. A good inspection report means that there are less work and less money that they will need to put into the house before it’s up to standards.

Upgrading your roof, whether through necessary repairs or completely new materials, has many benefits. A new roof doesn’t just protect your home; it can also increase its value. Whether you want to sell your home or simply change the way it looks, improving the roof can help.

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