6 Ways a New Roof Increases Your Home’s Value

One of the important pieces of the puzzle regarding your home’s health is your roof. You need a high-quality roof to protect you and your family from the elements. New roofs can be expensive, but they immensely contribute to your home’s overall value. A new roof protects your home from the elements and makes it much easier to draw in buyers when it’s time to sell. If you’re looking to sell your house, the roof is one of the first areas that potential buyers will consider.

So, how can having a new roof on your home help you extract more value when it comes time to sell? Let’s take a look at some of the critical points.

Curb Appeal

First impressions matter, especially when it comes to selling your home. Let’s face it – an old, worn-out roof will not do much for your home’s curb appeal. A new roof can completely change your home’s appearance, making it more appealing to potential buyers. Studies have shown that homes with new roofs sell faster and for more money than those without.

So, if you’re looking to increase the value of your home before putting it on the market, a new roof is a great place to start.

Attract Potential Buyers

A new roof can make your home much more appealing to potential buyers. If a prospective buyer drives up to your house and sees an old, cracked, or damaged roof, they’re likely to think that the rest of the property is also in disrepair. In contrast, a home with a stylish and elegant roof design will attract many prospective buyers. A new roof can change the look of your home, making it much more appealing to potential buyers. Drawing in many potential buyers will make the offers even more competitive, and that’s precisely what you want as a seller.

Steer Clear of Inspection Problems

As any experienced home buyer knows, a home inspection is one of the most important steps in the home-buying process. A good home inspector will look for any problems with the property, no matter how small. And if there are any major problems with the roof, you can bet that they’ll be found during the inspection.

On the other hand, a new roof means that the home inspector is likely to find very few (if any) problems with the it. This is a huge selling point for buyers, as it means they won’t have to worry about making significant repairs after moving in.

Better Technology and Efficiency

Installing a new roof can bring the latest technologies to your home, dramatically increasing your home’s value in turn. As technology advances, so do the materials used in roofing. Newer roofs are often made with more energy-efficient shingles that can help keep your home cooler in the summer and warmer in the winter. This is a big selling point for buyers looking to save money on their energy bills.

Aside from the ability to use modern energy-efficient shingles, you can also opt to install solar panels. Solar panels are widely considered an upgrade in the real estate market because buyers know they’ll save even more on energy costs.

Longer Warranty

Most new roofs have a warranty covering you for at least 20 years. This is a big selling point for buyers because they know they won’t have to worry about the roof for many years. The warranty could be halfway through when selling a house with an older roof. This isn’t very enticing for the next homeowner.

Warranty can last even longer for newer roofs with the latest technologies like high-quality asphalt shingles. This would benefit you, the current homeowner, and an attraction for new buyers.

Worthwhile Return of Investment

A new roof is going to add value to your home. Although it is is expensive, but it is a worthwhile investment. It shouldn’t be a surprise to know that a home with a new roof will sell for much more than a similar home with an older one. You are likely to recover 60% to 70% of the cost of your new roof when you go to sell the home. That is an impressive number as you will also be able to enjoy the benefits of the new roof for the time you remain in the home.

Conclusion

A new roof is a significant investment in your home. It will increase the value of your home and make it more attractive to potential buyers. It also has the potential to save you money on your energy bills and insurance premiums. If you are thinking about selling your home or simply wanting to update your home, consider installing a new roof. It will be worth the investment.

 

Don’t hesitate to contact Shoreline Roofing if you need a new roof. At Shoreline Roofing, we specialize in roof installation and repairs, and we would be happy to help you increase the value of your home. We offer a wide range of roofing services to meet your specific needs and budget. We will also work with you to choose suitable materials for your home. Give us a call at (250) 413-7967 today to get a free quote!