Have you been going back and forth on whether it’s the right time to replace the roof on your home? Maybe you aren’t quite sure if it’s necessary yet, or if the job will be worth it in terms of investment. What many homeowners may be surprised to learn is just how much value a new roof can add to their home, both in monetary value and from a curb appeal standpoint. So let’s break things down a little more and take a look at how much value a new roof can add to your home.

Insurance for Many Years to Come

From a practical standpoint, replacing the roof on your home basically provides insurance that the structure will be good for many years to come. With most roofs lasting 20-25 years, that’s a good chunk of time to have peace of mind and know you won’t have leaks and other potential damage to deal with. Just make sure you're using roofing services that you have properly researched and vetted, so you know you are getting the best of the best.

Of course, with that said, you still want to be sure that you check the roof on a regular basis, looking for any signs of wear, tear, and damage – especially after storms and severe weather. 

What About the Return on Investment?

Then there is the return on investment, something every homeowner is mindful of. The return on investment means the amount of money the value of your home will increase by. Typically, you can expect to see 63% of the value of the new roof added to your home. What makes this so impressive is that it out-paces other renovations, such as a new bathroom or kitchen.

It Can Help You Sell Faster

Now if you happen to be in the process of selling or hoping to sell your home in the near future, a new roof can certainly help to speed the process along. It’s one less thing that potential buyers need to be concerned about and mull over before signing a deal.

Enjoy Enhanced Curb Appeal

There’s also the fact that a new roof adds value in terms of the curb appeal. A tired-looking roof that is damaged, has missing sections, and is faded due to the sun will take away from the overall look of the exterior. Even if you have a meticulous looking garden, new windows, and a welcoming front entrance, a tired-looking roof can throw everything off.

Don't Forget the Energy Efficiency

Then there is the other value a new roof adds that many homeowners may overlook. Replacing an old roof can have a huge impact on the overall energy efficiency of your home. It can help to keep the warm or cool air in more efficiently, which means you’ll be paying less where utilities are concerned. 

Boosting the Home’s Value in a Simple Way

It’s incredible how much one single renovation project can truly boost the value of your home, and provide homeowners with all kinds of other benefits.