Most homeowners don’t give their roof as much attention as it deserves. However, if you’re looking to increase the value of your house, a new roof installation is a significant investment. This is why Phoenix Roofing and Solar, a Lakewood-based roofing contractor in Ohio, is here to tell you how your roof affects the value of a house.
Read on to learn more about this.
How Much Would a New Roof Installation Influence Your House Value?
The precise amount of value that may be added to your house by installing a new roof can be determined by several factors, including the age of your property, the condition of your existing roof, and the design of your new roof. If you sell your house, however, you may anticipate a return on investment of somewhere between sixty and seventy-five percent, indicating that you will be able to repay the majority of the money you spent on the new roof installation.
How Can It Add Value to Your Home?
Curb Appeal
A roof is one of the simplest methods to improve curb appeal, and working with a professional roofing company may help boost the market value. If what can be seen from the road is a roof that is torn, weathered, and sagging, you will have difficulty persuading prospective buyers to come in for a look at the property. A roof may be a significant initial pull for anybody in the market for a house, and it can alter the look of your home in different ways, based on the material you choose. The appearance of your home’s roof contributes forty percent to the overall first impression guests get of your property.
Effective Use of Energy
A new roof may help you sell your house for several reasons. First, it can attract prospective buyers interested in purchasing your property. Second, it can help you sell your home by making it more energy-efficient. Because they need less money for heating and cooling, houses that are energy efficient often have a better resale value. Homeowners may better control heat and moisture loss and other difficulties by having a fresh roof installed by skilled roofers. This ensures an efficient system, decreasing expenses associated with heating and cooling the property.
Relaxation of the Mind
Your home’s value will rise since potential purchasers won’t have to deal with the expense of roof repairs in the future, which is a significant selling point for buyers. When assessing the worth of your property, a home inspector will do a comprehensive inspection of your roofing system to determine the condition of the roof and any potential repairs that may be required in the future. Roofs installed by a reputable roofing contractor can survive for over 20 years after installation. So, when it comes to selling your house, your roof is a beautiful marketing asset.
Your Trusted Roofing Expert In Lakewood, OH
Are you in need of a roof to improve your house resale value in Lakewood, OH? Then, Phoenix Roofing and Solar Experts are here to assist. We are experts at getting the job done correctly. Get in touch with us today.