Does a New Roof Increase Your Home’s Value?
A new roof can do wonders to your home value. Investing in anew roof can increase your home’s value and make it easier to sell.
1. A New Roof is Energy Efficient
High energy bills can be softened with energy efficient roof systems. Most modern roofing is far more energy efficient than older roofs. Current composition shingles offer solar reflecting granules and are energy star rated. Energy efficiency is a huge selling point for home buyers and can increase the selling point.
2. A New Roof Provides Protection
An old roof is susceptible to leaks, which increases the chances of mold and mildew growth in addition to unsightly ceiling and wall stains. A home with visible signs of leaks will inevitably harder to sell.
3. A New Roof Increases Curb Appeal
The first impression of your home is by far, the most important. A common mistake many people make when completing projects to re-sell their home is to spend most of the funding indoors. If the outside of your home looks to be in disrepair, buyers may not even go inside. The roof adds significant curb appeal and adds to the style of the home.
When purchasing a home, many buyers want to avoid costly future projects. Real estate agents often use new roofs as selling point because buyers are attracted to homes with new roofs. Having the security that they are free from the expense of a future roof replacement is an enticing thought for most. Predictably, having a tired, old roof that requires work will reduce the value of the home to prospective buyers, making it harder to sell, and potentially lowering the price of the home.
If you are planning on selling your home, the ROI for a roof replacement can be extraordinary. As with any construction project, it is always a good idea to hire a licensed contractor, and American Eagle Roofing is here to help!
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