Will Replacing Your Roof Affect the Value of Your Home?
One question on your mind as you prepare to sell your home may be, should you replace the roof? Think about the big questions you ask as you are house hunting – how old is the air conditioning unit? How weathered is the roof? And when do the windows need replacing?
The last thing potential buyers want is to have to call a roofing contractor to replace a high-cost item the moment they move in. A newly installed roof is a huge selling point, giving potential buyers a sigh of relief.
So while getting a new roof installed may be a significant selling point for your home, does it boost your home’s value? And how much value does a new roof add?
3 Benefits of Replacing Your Roof
If your roof is more than 20 years old, it is time for a repair or replacement. In speaking with a trusted residential roofing contractor, Long Island residents will learn about the benefits of replacing the roof rather than placing bandaids on it to put off the inevitable.
When you learn how little repairs can do for an aging roof from an experienced roofing contractor, you can begin to look into how replacing the roof will increase your home’s value. Maybe the investment is worth it, after all.
1. Increased Curb Appeal
Whether you choose metal roofing or asphalt shingles, the curb appeal of a new roof is sure to wow the whole neighborhood. Instantly, you will be known around the block as the home with a new roof. Anyone who drives by your home will be impressed with the roof replacement work done by a residential Long Island roofing contractor.
The first things a buyer sees when they walk up to your home are the missing shingles and the gaping holes in the corners of your roof. These red flags are enough for someone to turn right back around without looking at the rest of the house. On the other hand, a shiny new roof will impress the buyer from the start as they see how much pride you have in taking care of your home.
2. Raises the Value of Your Home
Speak to any real estate agent, and they will tell you that a new roof installation will increase the value of your home. But how much should you expect to see in a return on investment (ROI)?
Consider the ways you benefit from receiving more offers, choosing the highest bidder, and selling your house much more quickly with a new roof.
In addition, a roof replacement may come up during the inspection process of the sale. The buyer may insist on having the seller install a new roof before completing the sale. Instead of potentially losing a buyer or getting stuck with the next available roof contractor, make the decision to replace your roof before putting it up for sale.
With all of this in mind, imagine how much money you will lose as you pay the mortgage on a home that sits on the market because buyers are uncomfortable with how old the existing roof is. Watch the money go to waste each month when it could have been well spent on a new roof.
Fast-track your home’s sale by installing a new roof today.
3. Improve Energy Efficiency of Your Home
As you look into installing a new roof consider solar shingles to increase your home’s energy efficiency. You can find some energy efficiency benefits with traditional materials like asphalt shingles or metal roofing because they will block out the sun, wind, and rain more and keep your home airtight.
But if you are looking for roofing materials that will soak in the energy from the sun and reduce your energy bills significantly, it’s time to learn about solar shingles.
Solar panels are bulky and complicated, installed on top of an existing roof by a specialized team. Solar shingles can be installed by a trained residential roofing contractor in Long Island and will blend better into your roof while accumulating energy from the sun. This new technology is all the rage, offering an increased return on investment as you reduce your monthly power bill.
When you choose solar shingles, you also reduce your carbon footprint. Choose responsibly by learning about solar shingles and how you can find the benefits of saving energy each day. Speaking with your residential roofing contractor, Long Island homeowners can discover more about the options that will work best for their homes.
Cost of a New Roof Vs. Value Added of Replacing Your Roof
Of course, the price of installing a new roof depends on the roofing companies and the area in which you live. The average costs discussed in this section are the national average for roof installations from roofing contractors.
For example, an average asphalt roof installation on Long Island may cost around $22,000. As a result, you are likely to see a $15,000 return when selling your home, which is over 68% ROI.
For metal roofs, you may spend $38,000 on a durable and long-lasting roof. In return, you will see a $23,000 increase in the sale of your home. These average numbers do not lie. A 60% return on investment is something to talk about in real estate.
Invest in your home by installing a beautiful new roof that you can reap the benefits of through resale or without having to worry about your roof during the next storm.
Are You Ready to Replace Your Roof?
If your roof is showing signs of wear and tear, it may be time to contact A1 Roofing. Do not waste your money on maintenance costs when you know it’s time to replace the roof. Instead, invest in your home by contacting an experienced residential roofing contractor on Long Island!
When you partner with A1 Roofing, you can be sure that the materials and quality of work are beyond expectations. The professional team will install a new roof and clean up as if they were never there at all. You can count on our quality Long Island roofing contractors when you choose to work with us at A1 Roofing.