When your roof reaches the end of its natural lifecycle, it's imperative to schedule a timely roof replacement in order to keep your home protected, as well as looking and functioning at its best. A complete roof replacement can bring many other benefits as well, including an increased home value.
High & Tight Roof & Remodel is a trusted roofer in the Lumberton, Texas region, and we're here to reassure you that, even though a roof replacement is a significant investment, this important home remodeling project almost always sees a high return on investment (ROI) down the line. Read on to learn more about how a new roof can impact the value of your residence!
How Does a Roof Replacement Increase Home Value?
Your roof is your home's first line of defense against the elements, so investing in its ongoing performance means that the rest of your home stays protected, too. Depending on the experience of the roofing contractor and the quality of the materials they install, a roof replacement can bring many other benefits too, leading to an even higher resale value, such as:
- Enhanced Energy Efficiency
- Improved Insulation
- Boosted Curb Appeal
- Decades-Long Reliability
- Reduced Maintenance Costs
How Much Value Does a New Roof Add to a Home?
Roof replacements typically have one of the higher ROIs among the various remodeling projects homeowners schedule throughout their lifetime. Generally speaking, folks can expect to recoup around 60—70% of the cost of their new roof, as well as add thousands of dollars onto the value of their home, making a roof replacement a service that pays for itself in the long run!
The exact increase you can expect for your specific home depends on factors like:
- Quality of Workmanship
- Reliability of Materials
- Local Market Trends
- Overall Condition of Your Home
The Impact of Different Roofing Materials on Home Value
The type of roof you invest in could play a significant role in the impact the roof replacement will have on your home value. Roofing types all come with their own advantages and disadvantages, so the exact ROI you'll receive will fluctuate depending on your material choice. Some of the most common roofing types include:
- Asphalt Roofing: Asphalt shingles have one of the lowest upfront costs and see one of the highest ROIs, making this an excellent choice for any homeowner.
- Metal Roofing: While metal roofs don't see as high of an ROI, the protection, performance, and aesthetics of this option will up the resale value of any home!
- Tile Roofing: One of the most premium roofing types available, tile roofs will draw in high-end buyers and interest in your home, significantly increasing its value.
Is a Roof Replacement Worth It If You're Listing Your Home?
Homeowners that plan on listing their houses for sale sometimes wonder, is it really worth it to get my roof replaced? Our answer is that it depends on a few factors, like the age of your current roof. If you still have at least a decade left of its projected lifespan, it may not be in your best interest to get it replaced. However, folks that are experiencing issues like missing shingles, damaged materials, or a sub-par performance should definitely consider a replacement if they want to get a higher price for their home when they go to list it.
High & Tight Roofing works with brands like GAF and CertainTeed, that manufacture durable and reliable roofing materials that are sure to increase the value of any home through aspects like higher energy-efficiency, long-lasting beauty and strong warranty protection. Get in touch with our team today to learn more, and we'll give you a free estimate on a roof replacement with our experts.
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