Getting a new roof can be an expensive endeavor. As with any home repair or refurbishment project, homeowners want to know how they will get a return on their investment. Projects like kitchen and bathroom remodels might provide an obvious return on investment, but it is not always clear for a roof replacement. In this article, we will look at some benefits of getting a new roof as well as how homeowners can realize a return on their investment when they install one.
Increased Curb Appeal and Home Value
If you are looking to sell your home, you will find it easy to find buyers and you’ll be able to increase the asking price if the home has a new roof. The increase in curb appeal that the new roof will provide will also make it easier to attract buyers who do not want to deal with roof repairs or replacements down the line.
Also, a new roof can impact the neighborhood, especially when a majority of your neighbors get a new roof at the same time. With a general increase in property prices in that area, it becomes easy to raise the asking price.
Reduced Maintenance Costs
New roofs can go for a very long time without needing serious repairs, apart from the occasional check. Metal roofs, for example, can last more than 50 years while shingle roofs can last about 20 years. Once this period passes, leaks and other issues can begin, and they will never stop. If you buy a home with an older roof, it is better to have it replaced so you can avoid paying increasing amounts in repair costs down the line.
It is also important that the contractor you get to do the job installs the roof correctly so that it can last as long as possible. Homeowners can get professional roofing companies in Detroit Michigan like Rock Solid Exteriors to carry out the roof replacement to ensure the roof’s longevity.
Savings On Energy Costs
Another way roofs pay homeowners back is through a reduction in energy and utility bills. Metal roofs are designed to block the sun’s heat. The metallic surface redirects the heat instead of absorbing it. Second, metal roofs can be installed with what is known as a thermal break. This is a small space between the roofing material and the roof deck. Because air is a good heat insulator, the space helps minimize conductive heat transfer between the roof and the house’s interior.
There are also companies developing “cool roofs”. These roofs are painted using a reflective paint and may sometimes have a sheet covering. There are some cool tips and shingles that are highly reflective too, which produce the same effect as the other types of cool roofs.
By reflecting sunlight and absorbing less heat, these roofs can keep the interior cool which means you would not have to run the air conditioner as hard. The savings realized can then be used elsewhere.
Replacing your home’s roof does afford homeowners some benefits – some obvious and some hidden. A new roof comes with a great return on investment whether you are looking to sell or to live in the house for a few more years.