Does a New Roof Add Value to My Home?
Northland Roofing, LLC
24 Hour Service - Insurance Specialists - 15 Year Warranty
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Investing in Your Roof
Serving Dutchess County, Fairfield County, Litchfield County, New Haven County & Putnam County.
When it comes to getting a new roof, one of the frequent questions we get is if it can increase your home’s value. The short version is yes, because it means better protection and longevity. One of the best options you have as a home seller is to get a roof replacement beforehand.
Over time, your roof can sustain all kinds of little damages that you may not realize. Any potential buyer will have an inspection done to look at these damages. If you didn’t catch these issues and fix them, their appraisal of the property could be significantly less than you hoped.
That’s why it helps to have a professional inspection done by our experts. We’ll check for any roof damage, but we’ll also do a thorough analysis of your home. Something that a lot of homeowners don’t know is that leaks can cause water spots and weak walls throughout.
Getting Rid of Leaks
These leaks can be a big deal breaker for many potential buyers. A lot of people don’t want to buy a home just to have it fall apart. They also don’t want to have to fix the roof the second they move in. That’s part of the reason for our roof replacement.
Sometimes we can patch things up with a simple roof repair. If the damage is mild enough, you can secure your roof that way. However, extensive damages or problems with the roof deck might be more cost-effective with a roof replacement.
The good news is that most homeowners are covered by pretty solid insurance. In the case of storm-related damages, the insurance will cover most or all of a roof replacement. Our experts can help you get the most out of your claim, too, so it’s a win-win!
Why a Roof Replacement?
While we also do roof repairs, a roof replacement might be in your best interest as a seller. Northland Roofing, LLC has a team of professionals. We’ve been doing roof replacements for a long time, so we’ve seen many different reasons for needing one.
In some cases, a seller has demanded that the home has a new roof before they’ll sign anything. That goes back to them wanting a secure home before they move in. We’ve also done roof replacements for people that want to sell their home faster.
Real estate agents can do wonders when they’re given selling points. A new roof is a big one, because it offers security, protection, and shelter. These are the building blocks that many interested buyers are looking to start with.
Let’s Talk Numbers
There was a report that came out from Remodeling in 2019 that shed some light on roof replacements. According to their cost versus value report, the average cost of a new roof with asphalt shingles in 2019 was $22,636.
Based on their research data, that roof increased the value of a home by $15,427. The National Association of the Remodeling Industry, or NARI for short, also did a study and released a report. They found that a roof replacement returned 109 percent of the initial investment.
Regardless of which statistic you go with, a new roof can easily improve your home’s value. Not only that, but it can help to facilitate a faster sale and increase curb appeal. That’s really the name of the game.
Increase Your Curb Appeal
A professional roof replacement can have a lot of benefits for your home while you’re living there. However, it can do just as much when you’re trying to sell it. A new roof looks good among the neighbors, especially if you choose a nice aesthetic material.
It increases the stability and sturdiness of the home, too. Without any leaks to worry about, a lot of potential buyers will be happier looking at your home. It also means you can get more out of the sale, because the buyer won’t have to pay for a new roof anytime soon.
When you’re ready to get a free inspection with a close estimate for your roof replacement, give us a call today! Northland Roofing, LLC has a team of experts that will give you a cost-effective roof to improve your home’s value! Call today to speak with the neighborhoods favorite Bridgeport, CT roofing contractor.
We’re also a top rated Bridgeport siding contractor.