4 Ways a Roof Increases Home Values

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By Jamie Barton

When homeowners begin thinking about selling their house, they often consider making home improvements that will increase their home’s value before putting it on the market. A new roof can be an expensive improvement, but it can also make your house work significantly more. When getting new roofing Oakville homeowners have a great way to increase the curb appeal of their home and put a little more money in their pocket when it sells.

Appearance is Everything

Keep in mind that when you’re trying to sell your house, you’re selling the image of prospective homeowners living in the home. They have to picture themselves in your house before they’ll commit to buying it. For this reason, you want to make the house look as attractive as possible, and this includes the exterior features. A new roof will complete the picture that prospective buyers have in their minds when they think about living in the house.

Cutting Edge Technology

Adding a new roof to your house gives you the opportunity to upgrade technology that may make your house more energy efficient, longer lasting, or more durable. These are all attractive qualities for anyone looking to buy a house. If they won’t have to replace the roof again for decades, or they’ll be saving money on their energy bills because of the roof, they’re going to put your house at the top of their list.

Return on Investment

There are some home improvements that don’t offer much return on investment, but a new roof is not one of them, especially since new roofs come with longer warranties than they used to. These warranties can be transferred to new homeowners, which means they won’t have to worry about their roof until the warranty runs out, which might even be long after they move away. The peace of mind that comes with that lack of worry is a huge selling point.

According to expert analysis, you won’t get 100% return on investment from installing a new roof, but you will get as much as 70% return, which is extremely high for home improvements. If you have to prioritize your projects because you’re in a time crunch, getting a new roof should be one of your top priorities. 

Address Other Problems

Replacing a roof not only gives you a new roof, but it also allows you to address other issues that could be affecting your home’s value. For example, if your roof is leaking, this is the ideal time to repair that problem as well, particularly if you would have to remove at least some shingles to fix it anyway. If your gutters constantly clog up, you can replace those to match your new roof as well, which can prevent that problem from happening to the new owners. These are all selling points that can put your property over at the top of prospective homebuyers’ lists.

Conclusion

Knowing which home improvement projects are going to increase your property’s value is key to making sure you don’t waste your time doing something that isn’t a feature that’s in demand. Getting a new roof is one improvement that will reap rewards when you decide to sell your house, especially if it’s been a while since the last time it was replaced.

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