Boost the value of your home with a new roof from Roof Crafters. Getting a new roof is a sure-fire way to attract potential buyers to your home. According to real estate experts, home buyers are more likely to invest in a home with a brand new roof since they won’t have to go through the hassle of replacing the old roof themselves.
In addition, most people cannot afford to invest in a new roof or handle an extensive project like a roof replacement right after moving in. But, can a roof enhance the resale value of your home? Let’s try to answer this commonly asked question.
If your existing roof is in bad shape and experiencing issues like roof leaks or mold growth, it can dramatically reduce your home’s value. Most homebuyers stay away from houses that are in dire need of roof repairs or replacement. Consequently, it can decrease the potential bids and reduce the market value of your home.
In case, your roof is already past its prime, it makes good sense to replace your roof before listing it for sale. However, you have upgraded your roof recently and it is still in good shape, a thorough roofing inspection can help you determine if a roof replacement can boost the value of your home.
On the other hand, if your roof has sustained visible damage over the years including missing or damaged shingles, sagging roofline, and staining, getting a complete roof replacement may be the best option for you.
Once you’re sure that a complete roof replacement is the best course of action for you, below are some of the key factors you should keep in mind to maximize your investment.
How significantly can a new roof enhance your home’s value is largely dependent on the installation quality of your new roof. First of all, never attempt something so complicated and risky on your own by watching some DIY videos on YouTube. If you are looking for stunning and long-lasting results, you should never try to fix your roof yourself.
Many DIY enthusiasts have this misconception that this can help them save some money. What they don’t know is that doing so will do more harm than any good in the long run. Incorrect installation can result in some serious underlying issues that can lead to more expensive repairs down the line. Faulty installation and use of wrong products can drastically reduce the lifespan of your roofing system.
Ideally, you need to completely remove your old roof for a successful and long-lasting roofing replacement. Some people simply put a new layer of roofing materials over their existing roof just to save some money and trouble.
No doubt, re-roofing or roof-over is a quick and cheap process, but your new roof will not last as long as its expected lifespan. In fact, applying a new layer of roofing materials on a damaged roof can reduce the longevity of your new roof by as much as 40%.
Not only can it trap unnecessary heat in your roofing system by negatively impacting ventilation, it will also add excessive weight to your roofing system that can lead to premature roofing failure. What’s more, it can dramatically reduce the resale value of your home since any home inspector can easily spot a layered roof.
The quality of your roofing materials can make or break the overall value it adds to the house. For instance, the upfront cost of metal roofs might be more than traditional 3-tab shingles but it can take the value of your home to a whole new level due to its long lifespan, excellent durability, and high energy efficiency. These are highly sought-after qualities in the real estate market and most buyers are willing to pay even more for properties with high-quality brand new roofs.