Copeland Roofing: 3 Ways That a New Roof Adds Value to Your House
As a homeowner, completing projects around the house increases the value of your property and makes you feel like you've accomplished something. Whether you're putting in your lawn or cleaning the driveway, you know how proud you're of a job well done.
However, there are some maintenance tasks you're better off leaving to the professionals, even though your growing to-do list probably covers most of them. Roof maintenance is one of them. Unless you're well-trained, it's hard to spot all the problems with a roof. Even if your roof is in good shape, it might be time for a replacement.
A new roof has many benefits, but the biggest one is increasing the value of your property. Below, you'll learn about the three ways a new roof increases the value of your home. But before that, let's answer the most frequently asked questions about new roofs.
How Does The Roof of Your Home Affect Its Value?
Most homeowners' main concern is ensuring that their roof protects all valuables. In addition, it is an excellent insulator. Summer heat will reflect off the roof if you use some of the latest and most advanced roofing materials. You will feel relieved regarding cost (electricity bills) and comfort.
The roof is the first thing home inspectors look for when checking a property because the condition of the roof is one of the essential factors in determining a home's value. A new or upgraded roof improves the overall condition of a home and provides an excellent return on investment.
A leaky roof can significantly affect the appraised value of your home and put the property in the "fix-up" category, which could kill the chance of a sale.
Do You Need a New Roof?
Replacing your roof involves a lot of work. Your roof can last 20 or more years if inspected and maintained regularly. However, you may be unable to save your home from complete replacement if your area has been exposed to severe weather for years.
You might need to replace your roof if you see these signs:
Gutters filled with sand-like granules
There is mold along the roof's edge
Shingles with dents
The attic is lit by daylight
Dried-out caulking under the flashing
The interior of the home has blistered ceiling paint or stains
What Is the Cost of a New Roof?
When estimating the cost of a new roof, you should consider several factors. First, the materials that will be used. Asphalt shingles are a great choice that fits into most budgets.
Next, you should look at the size of your roof. More materials will be needed to cover a larger roof. In addition to labor costs, larger roofs also take more time to install.
Last but not least: What is the roof's pitch, and are there obstructions such as skylights, vents, etc.? Labor costs are higher for steep roofs because the work is more complicated. It's also more expensive to work around obstructions.
Let's now return to the most important question, "how does a new roof increase the value of a house?"
1. Curb Appeal
It is undeniable that a beautiful facade has a powerful effect. The attractiveness of a facade cannot be measured, but it is as valuable as word of mouth. A new roof impresses passers-by, whether you plan to sell your house soon or not.
Thanks to its attractiveness, your property enjoys a good reputation in the surrounding area. New roofs are hard to miss, even for inexperienced house hunters. A new roof enhances curb appeal at the installation time and maintains it long afterward. The next homeowner won't have to worry about this significant investment, and that's priceless.
2. Attract Potential Buyers
Roofs are expensive, which can lead to heated negotiations during the home buying process. That's why a roof in good condition will attract more buyers.
To successfully resell a home, the seller should offer a desirable home at a reasonable price. If you attract a large number of buyers, your offers will be even more competitive, and that's exactly what you want as a seller.
3. Easy Inspection
Homes that fail inspections can be quickly taken off the market. The roof can become one of the biggest problems when buying a home. Old roofs deter buyers or aren't even considered by them. Potential buyers may walk away from a property if they find problems with the roof during an inspection.
Indeed, installing a new roof has a lot of benefits. But you need to consider a lot of factors before making your decision. Also, you need a professional to do some repairs and renovations. And that's okay.
At Copeland, we can help you give your roof a face lift. Contact us now so we can help you.