Ways a New Roof Adds to Your Home’s Value

• Abigail Burke
• 1 year ago
• Categories: Roofing
• Tags: home value, Roof Installation, Roof Replacement, roofing contractor

A new roof may be pricey, but it is a worthwhile investment, especially if you consider the benefits that it provides. Apart from enhancing your home’s aesthetic appeal and energy efficiency, it also plays a role in improving the value of residential properties. Local roofing contractor NorthWest Construction explains more.

What Are the Benefits of a New Roof?

With a new roof installed, you can be sure that your home will be protected against the weather. This, in turn, means you won’t have to deal with leaks or other structural damage that can render your home unsafe. Installing a new roof not only mitigates future safety issues but also adds to your home’s curb appeal. This major home improvement can increase the value of your property, especially if you decide to eventually sell it. Additionally, many environmental benefits are associated with utilizing renewable energy materials, like solar panels.

Factors to Consider

If you are placing your home on the market in the future, you can facilitate a faster sale of your home if you replaced your roof beforehand. However, the likelihood of this major improvement adding to your property’s overall value will depend on a few factors, including:

• Your Roof’s Current Condition. A roof that’s still years away from its intended service life and is still in top shape can still benefit from roof repair. If this is the case, you can hold off roof replacement for at least a few years.
• Quality of the Roofing Material. If your roof is near the end of its life span, however, you’ll want to make sure that your new roof has the right kind of roofing material. Your choice of either three-tab or dimensional shingles will depend on whether the community of your home is situated in a neighborhood full of starter homes or one that’s more affluent or upscale.
• Market Conditions. The added value of your home following a new roof installation will be influenced by the current market conditions. Ask your real estate agent about this to help you make an informed decision.

Whether you intend to live in your home for years to come or plan to sell in the future, a new roof is still worth the investment. To help you with this major decision, you can get in touch with NorthWest Construction. We specialize not just in replacing residential roofing systems but also in installing gutters, siding and windows. Give us a call today at (313) 277-7676, or fill out our online contact form for an in-home consultation and estimate. We serve clients in Bloomfield, Dearborn and Taylor, MI.