Your home’s roof can either help or hurt your home’s value. When your roof is in rough condition, it not only leaves the inside of your home vulnerable to the elements, but it also makes your house look less appealing. Whether you want to refinance your home or you’re planning on selling it soon, a new roof is a great investment. Read on to learn more.
Raise the Value
Putting a new roof on your home isn’t a dollar-for-dollar value add. For instance, if you spend $5,000 on a new roof, you shouldn’t expect your home to appraise for $5,000 more than it would have with your old roof in place. Still, there is value to be found in a new roof.
The roofing material that you choose affects the value of your new roof. According to experts, homeowners can recoup up to 70% of their investment with a new roof made of asphalt shingles.
Reduce Repairs
A new roof virtually eliminates the need for repairs, which plays a major role in improving buyer confidence. Obviously, there are some exceptions to that rule, such as severe weather events, but generally speaking, a new roof is less likely to need repairs than an older one.
Boost Curb Appeal
Would-be buyers form an opinion about your home before they ever step inside. When many homeowners think about improving curb appeal, they think of painting shutters, planting flowers, and making other minor cosmetic changes. A new roof is one of the most effective ways to improve curb appeal.
By choosing a quality roofing material and a color that complements your home’s exterior, you can make your home more appealing.
Make Your Home Sell Faster
If you’re trying to increase your home’s value so you can sell it, you want to get it off the market as quickly as possible. Since a new roof inspires buyer confidence, you can expect to get an offer quicker than you would if you keep an old, damaged roof on your home.
Improved Energy Efficiency
A new roof is also a wise investment because it helps make your home more energy efficient. An old or damaged roof allows conditioned air to escape from your home, resulting in higher monthly utility bills. Even if you’re not planning on selling your home anytime soon, investing in energy efficiency is a great way to keep more money in your pocket.
Ready to Raise Your Home’s Value?
If you’re ready to get a new roof, go with the local experts. Call Seal Tight Roofing and Siding when you need roof replacement in Billings, MT.
