A roof replacement is a sizable investment in your home that brings many benefits. It can be expensive and time-consuming to go through a remodeling project of this size, but as market conditions change, more and more people are deciding that it is worth it to replace their roof.
Here are some of the ways that a roof replacement can benefit your home.
Safety and Peace of Mind
In the past, roof warranties were limited to between 10 and 15 years. Roofs were not expected to last that long. Modern roofing warranties can extend for up to 50 years with improved technology and materials! That means replacing your roof can mean being protected by a warranty moving forward.
A roof replacement is a big project, but barring any natural disasters, a new roof should not have any problems for many years, which can be helpful for homeowners who want to relax about the condition of their roof.
In some jurisdictions, if you want to sell your home, you are legally required to disclose any damage to your roof or known leaks that exist. Replacing your roof helps you avoid any surprises when it comes time to resell your home.
Old roofing can develop a worn look over time even with great workmanship and shingles. If you are renovating or remodeling your home, you might want the roof to look even better from the street where people see it.
If you take pride in your home, you want it to look its best all the time. A roof replacement makes a huge difference in how a house looks because a lot of wear and tear is shown in the roof, which bears the brunt of weathering and erosion.
A better-looking home can also bring higher resale values.
Increased Resale Value
The roof is a major part of any home, and prospective homeowners are extremely cautious about buying homes with old or unknown roofing that might need to be repaired or replaced. The cost of roofing repairs can make an otherwise affordable home seem like an expensive project.
Some homeowners are choosing to replace the roof on their homes before selling. Replacing the roof can increase a home’s market value by 15 to 40%. For homes with older or leaking roofs, pro-actively replacing the roof before selling can be a profitable investment.
Modern roofs are designed to reflect the sun’s heat to reduce cooling costs, which can substantially affect your home’s energy consumption. Whether you are looking to replace your roof for your use or to increase the value of your property, modern shingles and roofing techniques can lower energy bills and the costs of homeownership.
Metal roofs are more energy-efficient than traditional asphalt single roofs. They reflect more heat while absorbing less of it. They can be more expensive than asphalt shingle roofs, but energy savings over time can offset that difference. According to the Hook Agency, single-ply and metal roofing have increased in sales over the last 12 months, and are anticipated to continue increasing.
Why You Should Replace Your Roof This Year
A roof replacement can improve the market value and appearance of your home while giving you the peace of mind that comes with knowing your fresh, modern roof is covered by a warranty and unlikely to sprout a leak. Although these renovations can be expensive, they can also be profitable, considering the increase in a home’s resale value. In the United States, almost 60% of people own their homes, and nearly half of them are planning to remodel or sell this year. Whether you are planning to sell your home, or you just want it to be the best it can be, a roof replacement could increase your home’s value.