DateTue Apr 4
Your roof is one of the most important parts of your home. That’s why it’s important to keep an eye on its quality and replace it when necessary. Fortunately, a roof replacement can do more than protect your home from environmental elements. Choosing the right type of roof and having it professionally installed, may significantly increase your property value.
Potential Value Increase by Roof Type
How much can a new roof boost your property value? It all depends on the roof you choose, as not all roofs are created equal. Following is an overview of a few roof types and what range of return on investment they provide.
Asphalt Roof Replacement
Asphalt composition roofs are a popular option. Not only do they come in a variety of colors, styles, and textures, asphalt roofs are durable, affordable, and a breeze to maintain. The average asphalt roof replacement will increase your home’s value by less than metal, Cedar Shake, or DaVinci roofs.
Metal Roof Replacement
In recent years, metal roofs have become more popular. These roofs are lightweight, yet durable and energy efficient. While they are more expensive than asphalt roofs, they do offer a higher return on your investment. On average, a metal roof will boost your home just about more than any other roof type due to its longevity and high price tag.
Solar Roof Replacement
If energy efficiency is your top priority, you can’t go wrong with a solar roof. Solar shingles can lower your energy bills and even help you secure a tax credit.
How a New Roof Adds Value to Your Home
There are many ways a new roof will increase your property value.
Signs You Need a Roof
There are a few telltale signs that indicate your roof is past its prime and needs to be replaced, including:
Your Roof is Old
While quality roofing systems are long lasting, they don’t last forever. Eventually, your roof will require a replacement. The life expectancy of your roof will depend on its material, how it was installed, and the way you’ve maintained it. If you have asphalt shingles, for example, you may want to replace your roof after 20 to 50 years.
You Notice Damage
Even if your roof is fairly new, it’s a good idea to have it inspected every few years to look for damage. If you find buckling or curling singles, warping, thin or cracked spots, or other flaws, it may be time to invest in a new roof. While sometimes one can repair the damage and avoid a replacement, other times, the damage is beyond repair.
How to Maximize Your Return on Investment on a Roof Replacement
After you have decided that it makes sense to replace your roof, follow these tips to help maximize its return on investment.
Hire a Professional
While you can attempt to replace your roof on your own, doing so can do more harm than good. Replacing a roof correctly takes a great deal of specialized knowledge, experience, and equipment. If you install your roof incorrectly, you can cause significant damage, which can require a more expensive roof replacement in the future. To avoid these issues, hire a seasoned roofing professional from a company like Landmark Roofing and Siding.
Avoid Layering Shingles
To install a roof correctly, you must strip your current roof down to its foundation. While it may be tempting to add a new layer of shingles on top of the old ones, this strategy will reduce the lifespan of your new roof as it will trap heat and add unnecessary weight to it. Don’t cut corners when replacing your roof.
Use Quality Materials
If you need to replace your roof, you may choose the least expensive roofing material. Even though there is nothing wrong with this, especially if you’re on a tight budget, it will influence how much value the roof adds to your home. A metal roof, for example, will give you a better return on your investment than asphalt shingles.
Maintain Your Roof
Many homeowners replace their roof and forget about it. Once your roof replacement is complete, your work is not done. It’s your responsibility to make sure you inspect and maintain it on a regular basis. Otherwise, you may miss serious issues that decrease, instead of increase your property value.
In Need of a New Roof?
Landmark Roofing and Siding is a premiere roofing and siding company in Redmond, Washington. If you believe your roof needs to be replaced, or would like a professional to look at it and make a recommendation, don’t hesitate to reach out. We offer roof repairs and roof replacements, in addition to siding services.