Having a high-quality roof could mean the difference between a durable home and a crumbling one. We all know that the roof is our home’s first line of defense against the elements. Without it, the safety of our family and assets could be at stake. Protecting your home, however, isn’t the only benefit of having a high-quality roof. Some people ask, does putting a new roof increase home value as well? As it turns out, it does.
So when it’s time to replace your roof, the safety of your family and assets isn’t the only thing you should be excited about, but also the upsurge in your home’s value that comes with a new roof. But before we get to that, let’s identify the different signs that you need a new roof first. After all, the last thing you want is to replace a roof that’s still in good condition.
When to Consider Replacing Your Roof
Just like any other investment you’ve made, you want to make the most out of your roof. So, does a new roof increase home value? Obviously, it does, but the question is when to consider a replacement. It’s crucial that you only decide to replace your roof when it’s absolutely necessary or else, you might end up tearing apart a roof that could serve you for a few more years. You’ll know it when you see these signs.
Cracks
– Regardless of the type of roof you have, if you see more than one cracked shingle, don’t ignore it, not only because the cracks might soon let water leak into your home but also because they may indicate a much bigger problem.
Buckling
– Roof shingles buckle when the underlayment or wood deck starts to wrinkle or move. This means replacing the roof covering will not fix the problem. Even the underlayment needs a complete revamp.
Granule Recession
– When you see granules collecting in your roof’s gutter above or catch basin below, it’s only a matter of time before you experience a major leak problem. That’s because the granules serve as the moisture repellent layer of the shingles. Without these, the shingles will become absorbent, and the moisture they absorb could easily seep into your attic.
Severe Leak
– Obviously, when you experience a leak in more than one room in your house, that’s a tell-tale sign that your roof must be heavily damaged. So does new roof increase home value? That’s a hundred percent yes.
Concavity
– A standard roof design includes a flat field of the roofing system. Meaning, no unnecessary dips, and humps must be present on the surface. The presence of such concavities may indicate damage to the structural components underneath.
Most roof problems emerge from the wrong choice of material, poor installation, and lack of maintenance. This is why it’s highly recommended to leave all roofing tasks to qualified roof repair companies in Chicago like Muller Exteriors. They can help you choose the most suitable roofing material for your home, repair any damage, and identify any signs of the need for new roofing.
Benefits of Having a New Roof
Now that you know when you can finally give your roof a full overhaul, let’s talk about how such an overhaul can improve your home’s value in the long run. The latest cost vs. value survey has shown that installing a new roof can increase a home’s value by up to $12,000. It’s important to know this because you’d want to get the best value for your investment.
- Appearance Upgrade
- – The latest roofing materials offer more texture, color, style, and durability options. You can select the type that perfectly matches your home’s architecture. Some roofing materials are even made to look like other materials to help reduce costs. One type of architectural-grade asphalt shingles, for instance, could mimic the appearance of a rustic slate roof. A feat that is only achievable with today’s roofing materials.
- Longer Warranties
- – Will a new roof increase home value? Some people remain skeptical until they take a peek at the paperwork. If you have a roof made of asphalt shingles that was installed over a decade back, chances are it holds a 15 to 20 years standard warranty. With the revamp, however, you have the chance to install a premium-quality asphalt roofing that offers a warranty as long as 50 years.
- Anti-Heat Feature
- – One thing that sets modern-day roofing systems apart from older ones is their ability to reflect heat back to the atmosphere, keeping the home cool. You can get this energy-saving feature by replacing your old roof. Not all modern-day roofs, however, are energy saving. Make sure to look for a roofing material that has an ENERGY STAR® rating.
- Positive Roof Inspection Results
- – When you put your house on the market, you are inviting people to inspect it. Guess what area of the house can easily make or break your chance at instant sale? The roof. It’s wise to have your roof replaced before you put up the “for sale” sign.
Roof replacement is a decision that no one should take lightly. Unlike other repairs or renovations you’ve done in the past, this project may affect your day-to-day activities and cost you a great deal of money. Therefore, it’s only right to enlist the expertise of a professional roofer. If you ask them the question “Does adding a new roof increase home value?” they won’t just say yes or no. Instead, they’ll have a look at your roof first because they know replacement comes with certain considerations. Let them assess your roof’s condition to determine if a replacement is really the best option.
Be careful when looking for a roofing company as well. Not all can meet your specific roofing needs, especially the newly established ones. Look for a roofing company that has been around for many years and has done all kinds of roof work from leak repair to roof replacement, Muller Exteriors. This way you can be sure of their workmanship and avoid costly maintenance problems in the future.
Sources:
https://www.thebalance.com/things-dont-increase-home-value-4048933
