How Much Does A New Roof Increase Your Home’s Value?

How Much Does A New Roof Increase Your Home's Value

According to recent research, over 51% of Americans plan on spending a great deal of money on home renovation projects this year. And while this number is only looking to increase as time goes on, you may be left wondering which is the next home improvement project you should take on.

Fortunately, for those who are planning on selling their home in the near future, there is one home improvement project that is bound to increase the value of your home.

Roof replacement.

While this sounds like a daunting task, it can actually be extremely profitable for you in the long run.

Wondering how a new roof can increase your home’s value? Let’s talk.

1. Helps The Appearance

One of the awesome benefits that comes with roof replacement is how much it improves your home’s appearance. Roofs can last up to decades at a time. Renovating your roof in order to make your home look more modern can and will immediately increase the value of your house.

2. Up To Date Roofing Technology

It’s no secret. The more time passes, the better technology gets. Did you know that they now have roofing technology that can help save you money on your utility bill? Because of solar energy, these roofs are able to keep your home cool during the hot Summer months.

3. New Warranties

Has the warranty of your old roof already expired? Whether you plan on selling your home or staying for a couple more years — the warranty that comes with a new roof just might be worth it.

Past warranties usually lasted anywhere from 15-20 years, newer ones are able to last for up to 50! Be sure to contact a professional in order to receive an overall estimate.

4. The Math Makes Sense

Even if roof restoration wasn’t something you were planning on performing prior to selling your home, it will pay itself off. Recent research stated that you are more likely to get an extra 15 to 40% increase in appraisal, which in itself, pays for the new roof.

5. No Inspection Hiccups

The leaking roof that you’ve been avoiding isn’t going to sit well with the potential homebuyers. Because the roof is one of the more prominent features, it will be one of the parts the inspectors and appraisers check thoroughly. And while repairs might seem less expensive, replacing your roof might be more beneficial for you in the long run.

Let Us Replace Your Roof And More!

Whether you’re looking to increase the value of your home with a new roof or are simply inquiring about roof restoration — we have you covered. Because Concord Roofing has been in business for over 14 years, we have mastered the art of bringing excellent customer service to the people in the Dallas-Forth Worth area.

Looking for an estimate? Need a repair done on your roof? No worries! Be sure to contact us and a member of our trusted team will be more than happy to reach out to you.