Renovating your home can improve its appearance, boost curb appeal, and give it a more comfortable living environment. While adding a room, remodeling the kitchen, or upgrading bathrooms can achieve these effects, a roof replacement is often overlooked. Does a new roof increase home value? Replacing your roof with a brand new one can be a great way to raise its value. With a higher home value, your home is likely to spend less time on the market while also giving you a better chance of getting the full asking price or even more when you sell.
Replacing your roof is a major project, so it’s good to focus on how much of that cost you might be likely to recoup later on when you sell your home. When you want to maximize the ROI for your roof replacement, a CertainTeed Integrity Roof System is the best option to choose.
Is a New Roof a Good Investment?
Although roofs are easy to overlook for home improvement projects or renovations, they’re one of the most important parts of a home. Having a roof that’s in bad shape can hurt your home’s curb appeal and make it much harder to sell. Roofs with moisture damage, leaks, or other kinds of damage are among the top deal breakers for home buyers. This kind of roof is a red flag that means buyers will need to make costly repairs or have the entire roof replaced after their home purchase.
Keep in mind that your roof doesn’t need to be damaged or leaky to make it unappealing to home buyers. Having a roof that is old or has an outdated design can also discourage buyers from making offers on your home. When you compare a roof replacement with other types of remodeling projects that are done for aesthetic purposes, such as house siding replacement, having a new roof offers significantly more value.
How much of an ROI can you expect with a new roof? With a roof being one of the first areas home buyers notice and inspect, a roof replacement is known for having a fairly good ROI. The importance a roof has for a home, such as keeping water, wind, and other elements out, also adds to the good ROI of a roof replacement.
According to a remodeling impact report that the National Association of the Remodeling Industry (NARI) released, a new roof provides a 109 percent return. That’s a considerably higher ROI compared to other remodeling projects. With this kind of ROI, you have a chance of making a profit on your roof replacement when you sell your home. Home buyers appreciate having a new roof that’s in excellent condition and are usually willing to pay more for homes that have one.
The amount of ROI you can expect can vary based on different factors, such as location. Remodeling’s 2019 report shows that a new roof adds the most value to home appraisals in New England. In this area, a new roof typically has a 77 percent return. When you have a roof replacement done on your New England home, you can expect a higher ROI compared to other parts of the country. With the kind of weather this region gets, such as snowstorms in winter and severe summer storms at times, home buyers want to make sure they’re purchasing a home with a roof that provides reliable protection from the elements.
The roofing material you choose can also make a big difference in the ROI for your roof replacement. According to the Remodeling Report for 2019, a metal roof cost homeowners an average of $38,600 and raised a home’s value by 60.9 percent. For asphalt roofs, the report found that the average homeowner spent $22,636 and it increased home value by 68 percent.
Get the Best Roof Replacement Possible with CertainTeed
When choosing a new roofing system for your home, keep in mind that you’ll receive optimum roof protection with a CertainTeed Integrity Roof System. This CertainTeed roofing system includes a family of products that provide superior protection, such as:
- Winter Guard waterproofing shingle underlayment
- Diamond Deck high performance water-resistant underlayment
- Swift Start starter shingles
- CertainTeed Landmark roof shingles
- Hip and ridge vents
Winter Guard waterproofing shingle underlayment creates a watertight barrier in areas of your roof that are vulnerable to leaks. This helps prevent leaks from occurring due to ice dams and wind-driven rain. Vulnerable areas without adequate protection can allow moisture into your home, resulting in wood rot, mold, and other problems.
Diamond Deck high performance water-resistant underlayment covers your new roof deck while also providing another barrier to prevent leaks. Having an additional layer of protection helps reduce your home’s risk of leaks and moisture problems.
Swift Start starter shingles are made to work with the roof shingles above them and prevent shingle blow-off from occurring. Having shingles blown off a roof during storms or high winds can increase the risk of moisture damage and leaks.
CertainTeed Landmark roof shingles are high-quality shingles that exceed industry standards. These shingles are also covered by the best warranty in the business, which can provide you with peace of mind. CertainTeed shingle benefits and qualities include the following:
- Available in a variety of styles and colors to suit any home
- Fire-resistant to help reduce the risk of widespread damage
- Resistant to wind-driven rain for added protection from moisture damage and leaks
- Tear-resistant
- Two-piece laminated fiberglass-based construction
Hip and ridge vents offer the perfect finish for your new roof and complement CertainTeed shingles. These vents allow the air in your attic to flow freely, which can help lower your energy bill.
Ready for a Roof Replacement with CertainTeed?
If you’re ready for a roof replacement, please contact DiGiorgi Roofing & Siding, Inc. for a free estimate. As a CertainTeed SELECT ShingleMaster, DiGiorgi has a strong commitment to providing and installing the very best home improvement products. This starts at the top with CertainTeed roofing, the best-rated manufacturer of the highest quality roofing materials. Our roofing experts can provide you with additional information on having a roof replacement done and answer any questions you have about this process.