Roofer, Omaha, NE
HOW MUCH VALUE DOES NEW ROOF ADD TO HOME
HOW MUCH VALUE DOES NEW ROOF ADD TO HOME in Omaha, NE
Most homeowners are mainly concerned with their roof's ability to protect all of the valuable stuff beneath it. It is, however, a major insulator, and if you use some of the newer, high-tech roofing materials, the summer heat is reflected off the roof rather than absorbed, which is a great relief in terms of cost and comfort.
While the roof serves an obvious functional manner, a new roof, even if it's only new asphalt shingles, looks fantastic. There are, however, a variety of options available, including natural wood, which for some homeowners can't be beaten in terms of natural beauty.
When home inspectors arrive at a property, they make a beeline for the roof because the health of a roof is a major factor in determining a home's value. A new or updated roof, for example, has been found to provide an excellent return on investment because it vastly improves a home's overall "health."
Suppose you're selling your home and the roof has to be repaired. In that case, it will have a significant negative impact on the appraisal value of the property, putting it firmly in the "fixer-upper" category and maybe killing the sale.
The benefits of adding a new roof to your home
It's not only about resale value; if you're not planning on selling, think about how much energy you'll save. In fact, one of the top reasons for homeowners to install a new roof is to improve energy efficiency.
Did you know that asphalt shingles can reduce the temperature of your roof's surface by up to 50 degrees? This might help in increasing the efficiency of your air conditioning system. When you make these environmentally-friendly improvements, you can also get tax credits.
Another benefit of replacing your roof is that you're getting an updated layer of protection that will keep everything under it safe and sound.
When selling, how much value does a new roof add?
Adding a new roof to your property will boost its market value. According to Remodeling Magazine's cost vs. value survey, a new roof can increase the value of your home by roughly $12,000. According to the survey, you can recover roughly 63 percent of the cost of installing a new roof through higher property value.
How does a new roof affect the return on your investment?
According to a report published by Remodeling Magazine in 2017, a new roof can increase the value of a home by $14,000. When you consider the added curb appeal that a new roof provides, it's easy to understand why replacing your roof should be a high priority on the list of projects for your property.
Asbestos is used in the construction of some older homes' roofs. Asbestos, despite being widely used decades ago, poses a serious health risk to anyone who is exposed to it. As a result, having it removed and replaced professionally with safe materials offers an unquantifiable health benefit.
Your return on investment can be influenced by several factors. Most contractors, for example, would try to avoid layering shingles because it can reduce the roof's lifespan by up to 40%. It will also trap heat and add excessive weight to the roof. Your return on investment will be reduced if you install a new $5,000 roof over an existing layer of shingles.
Maintaining your roof on a regular basis will also actually impact your return on investment over time. Have your contractor come out and make a thorough inspection if you've recently been hit by a big storm, for example, because small dings and dents that can be easily repaired now could become a bigger problem later.
In addition, the materials you choose can have an impact on your return on investment. Let's assume you install an asphalt roof on a home in a division where every other house has wood shingles; you'll be devalued for that, especially if you're planning to sell soon.
Choose only the best roofing company in Omaha, NE
At Omaha Roofing Company, we've worked with a variety of roofing materials for many years. All pre-project work, including an inspection of the old roof and consultation with the client on materials and costs, is included in our multi-step process.
During the job completion process, we will remove the old roof (if needed), expertly install the new roofing system, totally clean up all clutter and debris, and do a final inspection.