Does a New Roof Increase Home Value?
When a homeowner is considering investing in a major upgrade to their house, they’ll be wondering how much the upgrade will affect the value of their home. Having your old worn out roof replaced can be an expensive affair but on average homeowners get 62.9% return on investment.
Potential home buyers are looking to have the most value for their money. A new roof acts as a financial assurance since they do not have to worry about replacing the roof of the new home they just purchased.
Curb appeal
The roof is the largest eye-catching feature of any home, it plays huge a role in the curb appeal of the home. New improved technology provides color and texture that will attract the buyers’ eyes resulting in a speedier sale.
The home is in good shape
A new roof indicates that the house is in great shape and it is safe to live in. Leaking roofs are breeding grounds for mold and mildew that can be severe health hazards. Small openings in the roof can create a gateway for rodents to enter your house, so a new roof ensures your home is in the best condition to avoid these hazards.
Savings
Some roofs will save homeowners money. Roofs made from reflective roofing materials are more energy efficient; in warmer climates, it results in cooler roofs hence lower electricity bills for the homeowner.
Avoid issues with building inspection
The roof is the most visible features of the home, not just for the homeowner but also for the inspectors and appraisers. Having an old worn out roof can halt the sale process. To avoid any of these issues, replacing the roof is a wise investment.
In addition, the homeowner will be eligible for better insurance rates and observe an increase in home value.
If you’re looking for a roof inspector to provide you with a thorough roof inspection to determine what your roof needs, contact the roofing experts at RoofAdvisor today.