01 Jul What is the Resale Value of a New or Repaired Roof?
There are many reasons to redo or replace a roof, one of them being that it gives your home a better resale value . According to the Remodeling Magazine’s 2013 Cost vs. Value Report, a new roof installation has a great impact on resale value, and will boost your home’s curb appeal. It will increase the resale value of your home by about 12,000. If you not only want your roof to look more attractive but also want to cut energy costs and have your home’s value to go up – then working on your roof should be your top project of 2017.
Some of the top reasons to do a roof range from avoiding repair costs to improving its appearance. If you put your house on the market, one of the first places a buyer will look is at the roof. To avoid roof inspections that can quickly put off a sale, upgrade or install a new roof. New shingles now have warranties of about 50 years. Previous shingles were guaranteed to last 15-20 years. The new shingles also have a lot more color options that are not only more appealing but will better resist fading. Many of the new asphalt shingles have an Energy Star rating, which improves energy costs significantly due to their reflectability of solar heat.
Finally, a new roof will improve the resale value of your home by up to 12,000. That’s a lot of money to add on to your home’s value from a roof replacement and repair. Although installing a new roof is an investment with time and money, you will get back more money on resale than you put in. Find a trustworthy roofing contractor like the contractors at Eagle Rivet. Contact Eagle Rivet today to find out how you can get a quality roof that will upgrade your home’s appearance and increase in resale value.