Can a New Roof Increase the Value of your Home?
A new roof is a big investment, we know, so it can come with some hesitancy and reserve. The good news is that a new roof will do so much for you and your home! It goes without saying, but we will go ahead and say it anyway, a new roof will add years of protection to your home. In the Northwest, a new roof will provide you at least 17 more years of peace of mind, depending on the material chosen. There are only a few ways to quickly improve the overall appeal of a home and lucky for you a new roof is one of them. In fact, according to a 2013 survey of REALTOR Appraisers, 88% of those asked agreed that a new roof improves the curb appeal of a home, a fast way to entice buyers. So whether you are having a bid event, a family gathering or planning to sell your home a new roof is likely to impress. The benefits of a new roof do not stop there, it is likely to bring value beyond appearance to your home as well. Also in 2013, Remodeling Magazine completed a Cost vs. Value Report on home upgrades and remodels, it was found that a new roof increases home resale value by an average of $12,000 nationally. According to the survey, homeowners can expect to recover an average of 62.9% of the installation cost for new roofing through increased home value. A new roof project can be daunting, and even a little scary, partner with the right contractor and not only will your new roof look great, but it will give you peace of mind along with so much more in increased value!
