5 Ways A New Roof Increases Your Home’s Value

Installing a new roof is a significant investment, and wise homeowners want to know it’s worth it – especially if their planning to sell their home in the next several years. The good news is that while a roof doesn’t recoup its full investment, it increases a home’s value by quite a bit, and a new roof certainly looks more appealing to potential buyers.

Every year, the folks at Remodel Magazine conduct cost to value surveys and last year, they reported that a new roof increases a home’s value by more than $15,000, which is a significant decent return on your investment – up to 68% in some cases. There are several reasons for this.

A New Roof Helps

It looks better

We all like to think that looks don’t matter – but curb appeal is proven to increase a home’s desirability and final market place. While professional contractors and experienced DIYers are able to look through a home’s shabbier state, most home buyers are looking for turnkey purchases. While they may not mind replacing carpeting, doing a kitchen remodel, or repainting the interior – they’re not as excited by things like replacing an old or poorly maintained roof.

So, it’s pretty amazing what a new roof and a new coat of exterior paint can do to attract your future buyers –  making them feel more confident about their purchase.

Your home is less likely to have or experience major structural problems

Did you know that roof leaks and moisture penetrations account for about 40% of building issues? A new roof makes buyers feel better about the unseen, structural components in the house – and gives them peace of mind that they’ll be free from roof leaks or shingle issues for at least a decade or more.

Greater energy efficiency with a new roof

Your roof will be more energy efficient by nature, but there is more to this reality than meets the eye. Even asphalt shingle roofs have improved their design to optimize energy efficiency, with certain brands or styles earning an ENERGY STAR® rating because they reflect the sun’s rays, minimizing solar heat gain.

When your professional roofing contractor replaces your roof, he’s also going to be discussing other essential roofing issues with you – such as installing moisture barriers, ensuring there is adequate attic and roof insulation and ventilation, and repairing or resealing any areas where old or new penetrations have left the roof vulnerable.

The appeal of a transferrable warranty

Your new roofing products come with attractive warranties, and those are transferrable to the new buyers. It provides peace of mind knowing that with routine roofing maintenance, they may never have to replace the home’s roof in their lifetime.

Keep in mind, though, that not all roofing materials come with a transferrable warranty. If that aspect appeals to you, let your roofing contractor know so you select from manufacturer’s or products that will honor that level of commitment to their product(s).

A green light from the building inspector

There’s nothing worse than finding an eager buyer, only to have your house turn up with multiple red flags from the building inspector. As we mentioned above, a notable portion of more costly, structural issues in a home stem from roof and leak related water damage. Much of this will be noted and taken care of when the roof is replaced.

We recommend doing a cursory inspection on your own – especially in attics and crawl spaces where leaks, mold, pest infestations, etc., are more likely to exist without your knowing. Uncovering these before the building inspector allows you to repair them before any homebuyers know the difference.

Increase Your Home’s Curb Appeal

Is your roof old, outdated, or in serious need of repair? It may be time to replace it, knowing that in addition to your own comfort and energy-efficient savings, you’ll increase your home’s appeal and value for future buyers. Contact us here at Central Bay Roofing & Restoration, (510) 521-7334,  for a free, inspection and estimate. We are known for our honest, high-quality, and reliable roof installation, repair, and maintenance.