As most homeowners already know, the amount of money a homeowner invests
in their home directly impacts the value of the home and property. This
can be especially beneficial should a homeowner decide to sell their home
at a later date.
For this reason, if you are looking to up the value of your home, consider
whether or not you can benefit from new roofing. Investing in a new roof
can significantly add value to a person’s home right away.
Understanding Value Estimates
The amount of value that can be added to your home by investing in a new
roof will be based on various factors. Generally, a new roof can add up
to 40 percent to the value of your house. For example, if your home is
worth $100,000, a new roof can increase the value of your home to $140,000.
Similarly, the more your house is worth, the more value you can gain when
you replace the roofing.
Common Factors That Play Into Value
Various factors can affect how much a new roof increases a house’s
value. To begin, the condition of the old roof may require you to dramatically
upgrade various components of the roof in order to increase the value
of your home. Of course, homes that are considered to be in higher price
ranges will gain much more value because other homebuyers may be more
willing to pay for a home that will not require new roofing. Additionally,
the style of the new roofing will play a significant role in the price.
Roofing with enhanced architectural design may be more costly and add
more value to a home than a traditional roof might.
A New Roof Can Improve Efficiency
In addition to improving the aesthetics of your home, a new roof can also
improve your home’s energy efficiency. New roofing that is made
with top-tier insulation made from premier materials can prevent hot air
from escaping as it rises towards the attic, lessening the need for heating.
This can help you save money on gas or electricity.
In addition, investing in a new roof for your home can attract buyers quicker,
which can reduce your cost of maintaining and marketing the property.
Your home will undoubtedly gain value once all leaks and damages are repaired.
If you are interested in improving the value of your home, we urge you to
get in touch with our Tulsa roofing team right away. We can visit your home and provide you with a few estimate.