A New Roof: Is it Worth it?
The cost associated with installing a new roof can be intimidating. You might be thinking, is it really worth it? While the initial cost of the installation might be daunting, there are a myriad of benefits that come with installing a new roof.
Return on Investment
When faced with the bill associated with installing a new roof, it might be easy to decide that the existing roof will take care of your for some more years. Studies indicate, however, that a new quality roof will extend an ROI of 70% to your home.
This means that, when you sell your home, you will recoup about 70% of each dollar that you spent on the replacement. A new roof has a lifespan of twenty years, so it is also a home improvement that is clearly worth the upfront cost.
Additionally, the state of the roof is often the difference between selling a home for top dollar or for a less than ideal price.
Older roofs were not designed with the weather in mind. Advancements in roofing materials and installation processes have made it possible to install a roof that will be more environmentally conscious and also deflect heat to increase energy efficiency in your home.
Take Care of Your Health
New roofs with improved materials greatly decrease the chance that mold, mildew and other irritants will develop inside your home. This will prevent associated health concerns as well as overall discomfort.
Arguably the most vital service that a roof does for your home is to keep warm air inside the home in winter and provide cooling in summer.
A good roof will keep temperatures inside your home stable and thereby save you money on heating and cooling throughout the year.
An old or damaged roof is often at risk for water damage at minimum and can even be at risk of collapse if damage is extensive. Additionally, an aging or damaged roof will be more vulnerable to storm damage or snow damage.
When it is time to sell your home, having a warranty in place for your new roof can be invaluable to those interested in purchasing the home.
Not only does a new roof improve the curb appeal of your home, most buyers will avoid a home with an aging roof due to the expense associated with possible replacement.