There are some easy home upgrades, like landscape improvements, strategic outdoor lighting, resurfaced cabinets, that may add value to your home. If you’re thinking about selling your home in the near future and your roof isn’t in excellent condition, you may be wondering, “How much value does a new roof add to a house?”
Most experts agree that a new roof replacement will typically increase the resale value of a house by approximately 60% of the cost of a roof replacement, or approximately $10,000-$15,000 depending on a variety of factors.
Let’s look at what impacts how much value a new roof adds to a house and how to decide whether or not the investment will be worth your time in money.
SIGNS YOU SHOULD REPLACE YOUR HOME ROOF
What is the condition of your existing roof? If your home’s roof shows obvious signs of disrepair:
- Loose flashing
- Exposed Fascia
- Loose or displaced shingles
- Water pooling
- Soffit damage
…You’ll want to immediately have it inspected to ensure its integrity before you place it on the market. (If recent storm damage has occurred or you need repairs done quickly, we offer emergency roof repair for homes in Northern Delaware, Southeastern Pennsylvania, and Northeastern Maryland.)
A roof in disrepair will drive away potential buyers, so investing in a new roof or in roof repairs is a must. That might not mean you need to replace the entire roof. It may just need to be repaired. River Run Roofing pros will be happy to assess your roof and discuss your best options.
TOP FACTORS THAT IMPACT RESALE VALUE: ROOFING MATERIAL AND CURRENT HOME VALUE
The type of roofing material you use can greatly impact your ROI on a roof installation or repair.
A new asphalt shingle roof will likely cost less than a new metal roof, for instance, and thus you are typically most likely to get a higher ROI from installing a shingle roof upon selling your home (although shingle roofs tend to not last as long as metal roofs). To get a more detailed estimate, one of our expert roofing consultants here at River Run Roofing can help you decide which roofing material is best for your home and budget. Request a free quote today!
We are licensed and insured roofing professionals who work with a variety of roofing types, including asphalt shingles, metal, flat, and rubber.
It goes without saying that your home’s current value will have an impact on how much value you can expect to recover from a new roof installation when you sell your home. Keep in mind that if your home’s value is already very high and it’s one of the most highly valued houses in your neighborhood, there may be a value threshold that your home will not go beyond, no matter how nice of a roof you install. Check with a local realtor to get a clearer answer on this for your neighborhood.
MAKE YOUR HOME MORE APPEALING TO BUYERS
A new roof is likely not the first thing a home buyer is looking for, but it could be a determining factor in whether your house sells.
If your house comps closely with other homes in your neighborhood yet you offer up a newly restored roof, you’ll come out ahead of them.
Curb appeal is the holy grail of home selling and a new roof can play a huge role in it. We are a certified installer of CertainTeed products. A CertainTeed roof can create a look that makes the design of your home truly stand out. The colors and angles of CertainTeed shingles can give your new roof the look of natural wood, stone, or slate. These shingles are superior fire resistance and wind resistance.
There are various product levels to match different budgets. We also offer top brands including GAF and Owens Corning.
READY TO ADD VALUE?
Curious about getting more information regarding the value added to your own house? Give our roofing professionals a call. We can give you a free quote on your roofing project. If you’re only in need of roofing repairs, we’re ready to restore the integrity of your existing roof. We work quickly and keep the job site clean.