How Much Value Does a New Roof Add to Your House?
You’re thinking about installing a new roof, but you wonder how much more value it will add to your house...
and if it’s really worth all the trouble. The advantages appear to outweigh the disadvantages, and your home would look a lot better and your energy bills would be lower. What value could you add to your house if you included a new roof? The following areas give meaning to the word value and when you decide to incorporate a new roof in your plans, you’ll see the difference.
A home benefits from a new roof, and if you plan on selling your home, it definitely adds to its value. Any repair or replacement adds to the structural integrity and appearance of your home. In fact, selling your home depends on the condition of its roof. A new or changed roof will bring a good return on investment, as a home’s overall health depends on a reliable roof. When a roof needs repairs or replacement, a home’s appraisal value will fall into the negative category and could seriously affect the sale of a home.
You can definitely increase the value of your home by adding a new roof. In fact, you can increase its value by thousands of dollars, plus you can likely recover a good percentage of the materials and installation fees with that increase in value. Both a home’s value and its aesthetic value are improved upon, a sale is pretty much inevitable and you can realize the asking price for your home.
You want to find the right roof replacement service for top-rate installation purposes with the right price in mind. When you get quality at a lower cost, your value is increased.
With a new roof, you’ll have the bonus of a protective layer that not only secures what’s under you but looks good as well. The appearance of materials used in roofing today can make all the difference. There are all kinds of colors and textures that enhance a home and bring curb appeal to a property. You can add even more value to a home by coordinating these materials with the texture of your house as well as your landscaping and any other outdoor effects that add to its value.
Another aspect of appearance is you’re giving your home a renovation or makeover that will almost immediately increase its value and ramp up its curb appeal. It can help bolster your mental health as well. You have pride in your home and what you do to increase its value and make it a showplace for family and community activities. It’s just an overall feeling of accomplishment, plus you create a sense of keeping your home in tip-top shape. You gain in both the short and the long run.
Lower Energy Bills
Whether you’re selling your house, you can gain value with a new roof through improved energy efficiency. Saving on high utility bills is one reason many people decide to install a new roof. With asphalt shingles, you get an immediate effect as you can lower the outside temperature of your roof by double digits, which makes cooling the air in your house more efficient. Wherever you live, you may also get credit on your taxes when you decide to make environmentally-friendly changes.
The expense of high cooling or heating bills comes from an old roof that needs replacement. When a roof is older, it simply doesn’t do its job and becomes more ineffective. In addition, drafts from places like windows, doors, basements, and other areas of a home can add to utility expenses. When you have a combination of high temperatures and moisture seeping into a home, your home’s inner environment is going to feel the effects.
With improved energy efficiency, you’ll want to consider the materials you use along with their installation. Both drive energy efficiency. When installing a new roof, there are features that save on energy that include:
High Solar Reflection – When a roof is highly reflective, it’s more efficient. When shingles don’t repel sunlight and the heat gets in your home, you’re obviously not going to save. Roofing materials that offer solar reflection lower temperatures sufficiently.
Ventilation – Proper ventilation is the key to airflow in your house. Improper ventilation with your roof can cause warm air to be caught within the attic, and your house will feel the effects of the heat. This strains your cooling system and impacts your utility bills. With effective ventilation, you can lower your energy bills that include high-cost air conditioning.
Energy Star Rating – Energy Star-rated materials are energy efficient, so you’ll want to use them for your roofing needs. An Energy Star label on a product guarantees energy-saving value. You can assure yourself that the shingles on your roof will decrease surface temperatures by at least 100 degrees. With a cooler roof, your home will be cooler and your air conditioning will get a break.
Shingle Color – Wherever you live, dark shingles will suit cold climates as they absorb heat, while hotter areas do better with lighter-colored shingles that divert sunlight. You can have energy savings with the right shingle color choice and affect your overall energy costs.
Today’s Shingles – The technological changes with shingles and other roofing materials can add value to your house. Newer shingles are better than lower-rated shingles as they can keep out higher winds, plus deflect damage from the sun. Your energy costs will be lower and your roof will be safe from invading winds and possible damage.
Your new roof gains value with the right warranty. Improvement in today’s materials allows for warranties to be more extensive. With longer warranties, the value of your home increases, and your worries are fewer.
When it comes time to sell your house, you want a transferrable warranty so you can pass on the warranty to the new buyer. When you go to list your house for sale, you can include both your brand new roof and a transferrable warranty. Those both add value for you and your buyer.
If you want to know more about the value of adding a new roof to your house or just have questions in general concerning a new roof, RGB Construction will be able to help you. Call us at 856-264-9093. We’ll be able to answer your questions and do the work.