Whether you are preparing to sell your home or simply looking to update a well-loved space, there are many upgrades on your list that may significantly improve your home’s value. But, as you step outside and consider making upgrades to your home’s curb appeal, you may wonder whether a new roof will increase your home’s value. While it may enhance curb appeal and improve your home’s energy efficiency, how much will this investment pay off?
At Lifetime Roofing, our team wants you to understand how your home can benefit from a roof replacement. If you are thinking about replacing your roof but are still on the fence, keep reading to learn about how it may benefit your home.
Should You Replace Your Roof
While many people choose to replace their roof when it begins to look worn down, there are more substantial reasons to replace it. As the first line of defense against weather and other external factors, a sturdy, reliable roof is essential for protecting your space. However, not every sign of damage means it is time to replace your roof. Some of the signs that it is time for you to get a new roof include the following:
- Light is leaking through your roof: If you can see light leaking through your roof, it may be time for you to consider getting it replaced. This light peaking through may lead to water damage or pest infestation, so it is important that you address this as soon as possible.
- It is several decades old: It is important to replace your roof if it is more than 20 years old. If you aren’t sure how old your roof is, you may want to contact a local roofing professional. They can come out and assess your roof to determine its age and whether it is time for a replacement.
- Your missing many shingles: While a few missing shingles can be replaced without having to invest in a full replacement, you may have to take the leap if you’re missing many shingles. These missing shingles may be a sign of weakened adhesive and can lead to more substantial damage, so it is best to replace them before things go awry.
Does A New Roof Increase Your Home’s Value?
When considering a new roof, you may wonder if it can increase your home’s value. After making this investment, it is safe to assume that your new roof will increase your home’s value. However, the impact varies based on your chosen roofing materials. On average, getting a new roof offers a 50% return on investment. While this might not seem like a substantial return, it is uncommon for many home updates and upgrades to offer a full return on investment, making it a great investment to start with.
Should You Schedule A Roof Replacement Before Selling?
While a new roof can improve your home’s value, you don’t necessarily need to replace it before selling your home. However, if there are major problems with your roof, you may not be able to put off this replacement. An older roof may be a bit of an eyesore that puts off buyers before they even step inside.
You may also need to replace it if there are holes that allow pests, water, and more to get into your home. However, if you have recently replaced your roof, you don’t need to worry about investing in a roof replacement. To determine if it’s time to get a new roof, you may want to schedule a roof inspection.
What Kind of Roofing Material is Best For Your Home?
If you only have to replace a few stray shingles, you should do your best to match the existing roofing materials. However, if you are getting a new roof, there are many roofing materials you may choose from. Some of the most common roofing materials available to homeowners include the following:
- Asphalt: As the most common roofing material for homes across the United States, you may consider this for your home as well. Asphalt shingles are great for a variety of environments and come in a variety of colors, making them a great choice for many homes. If you are looking for an affordable roofing option, you may want to consider asphalt shingles.
- Metal: A metal roof is a great option if you are looking for a much more durable roofing option. With a lifespan of up to 50 years, you won’t have to worry about this roof deteriorating too quickly. However, it is important to know that these roofs are often slightly more expensive upon initial installation.
- Wood: Wood roof materials are a wonderful choice for many older homes, as that was often the chosen roofing material upon initial construction. If you have an older home, you may want to consider a wood roof if you want to reflect the home’s original appearance. However, not all states allow wooden roofs, so you should consult with your local legislature to determine if this is an option for your home.
Getting a New Roof From Lifetime Roofing
The decision to invest in a new roof can have a significant impact on your home’s value and is a wise investment to make for your space. However, if you want to determine how impactful your new roof will be on your home’s value, it is best to speak with a reliable professional in your area. At Lifetime Roofing, our team of experienced professionals can help you determine whether it is time for you to invest in a new roof and how it will affect your home value.
If you are interested in getting a new roof for your home or would like to speak to a member of our team about the other services we provide, reach out to us today.