Yes, a new roof can increase your home’s value. Even if you do not plan to sell your home, you will carry more value in your financial portfolio. The average lifespan of a roof is 25 years to 50 years. If your roof falls within this age group, it’s time to replace it. Signs that your roof needs to be replaced include leaking, missing shingles, or damaged shingles. Let’s talk below about how a new roof can increase the value you hold in your home.
One Less Thing to Worry About
A new roof is one less thing to worry about. You do not need to worry about spending money on a new roof for at least another 25 years. If you are selling your home, the new roof can increase the asking price because the new owners will not have to buy a new roof. Any upgrade to the existing property can increase the property’s value. This includes removing the old roof and replacing it with a new one.
Increases the Exterior Aesthetics
Another thing that increases your home’s value is the exterior aesthetics. A new roof, especially a custom-built one, will make your home gorgeous. It will increase its curb appeal, which is also a selling point if you are selling the house. Even if you aren’t selling the home, you will enjoy the look of your home even more. Use your imagination and design the custom roof of your dreams.
Protects the Interior of the Home
A new roof also protects the interior of your home. If installed properly, you are guaranteed to be leak-free for an extended period of time. This prevents water damage to the inside of your home, including in the attic and on the ceilings. This, too, is a selling point. Potential homebuyers will know that the new roof is not at risk for leaks, even during major storms throughout the winter.
Reduces the Need for an Insurance Claim
Finally, your insurance company may lower your premiums if you have a new roof installed because it reduces the possibility of an insurance claim. This may not add value to your home, but it will save you money on your insurance payments. Even if the insurance company does not lower the premiums, it is less likely you will file a homeowners’ insurance claim if you have a new roof.
Call us today to set up an appointment for a roofing estimate. We will discuss all of your options with you and help you pick out your new roof. We will then install it right the first time.
