Whether you’re thinking of listing your home soon or in the future, the overall value of your home is likely an important factor. Obviously, you want to be able to sell your home for a profit, and that means you’ll need to add equity. You’ve probably already boosted the value of your home by upgrading the appliances, knocking out a wall for an open floor plan, and renovating the kitchen, but there’s still more you can do!
So, if you’re asking yourself, “Does a new roof increase home value?” The answer is yes, and you should take advantage of the opportunity!
How Does a New Roof Increase Home Value?
Although it may not seem as appealing as a kitchen remodel, a new roof can add serious value to your home when you’re ready to sell. Here’s a breakdown of how installing a new roof can increase your home’s value:
Better Energy Efficiency
New roofs are considerably more energy efficient than older roofs. They’re better insulated, preventing heat from escaping in the winter and deflecting the sun’s rays in the summer, keeping the house cooler. This provides added value for a buyer, as they’ll have to spend less on the long-term costs of heating and cooling the home.
Improved Curb Appeal
Frosting on a cake — that’s what buyers see when they drive up to a home with a brand-new roof. Curb appeal can go a long way to entice a buyer, and a new roof can make your house stand out from the pack. Although it’s unlikely that a visitor has ever pointed out the state of your roof, potential buyers will. A bad roof will be glaringly obvious, and a new roof will beautifully compliment your home’s exterior.
Reduced Likelihood of Costly Repairs
A new roof lets potential buyers know that the roof is one less thing they have to worry about if they purchase the house. When you select durable, long-lasting materials, a new asphalt roof can last from 20-25 years, and a new metal roof could last up to 50 years! By pairing the longevity of a new roof and the decreased likelihood of needing costly repairs, you get a win-win for yourself and your home’s new owners.
Replacing the roof makes your home much more marketable, attracting more buyers and selling quickly. This is because the added benefits of a new roof will encourage buyers to submit their offers. The chances of receiving multiple offers go up when your home has a new roof, and it can even earn you some leverage when selecting an offer and entering contract negotiations.
Ready to Replace Your Roof and Increase Your Home’s Value? Werner Roofing Can Help
With so many benefits for you and the potential new owners, replacing the roof on your home is one of the most effective ways to raise the value of your home before a sale!
If you have more questions about replacing your roof, or if you’re interested in replacing your roof before you sell your home, feel free to contact the experts at Werner Roofing. A trusted, local roofer, we can give you a free roof replacement estimate, and help you decide if roof replacement is the right option for you. Give our office a call today at 616-844-5382!