Homeowners deciding between additional roof repairs or an investment in a roof replacement often compare the prices of both before considering other important factors.
Yes, a roof replacement is often more expensive than the immediate cost of repairs; however, is the latter always the more cost-effective expenditure?
When weighing the two option or simply dealing with an older roof, only a roofing replacement offers important benefits like enhanced appearance and elevated home value!
Roofing Replacement Is A Fast Appearance Upgrade
The easiest factor to consider outside of comparing costs for roofing repairs versus replacement is how beautiful the home will look with a new roof.
Repairs can often lead to a mismatched appearance as new roofing materials are intermingled with older ones.
Beyond this, an older roofing installation simply looks aged after years of exposure to the elements.
Whether there is a current need for repairs or simply a desire to improve the home's appearance, a roof replacement provides immediate results.
A new roof, no matter what kind, can transform the look of any home, making it look clean and well-maintained overnight!
How Does A Roof Replacement Affect A Home's Value?
A roofing replacement is one of the most valuable home improvement choices a homeowner can make due to its high return on investment.
New roofing can be costly, but it provides so many benefits with data on the topic indicating that most homes see a value increase of an average of 60% of the cost of the new roof.
It means a new installation can technically be had for only 40% of its true cost due to the added equity in the home.
In cases where roof repairs are necessary, homeowners should consider this detail in their financial calculations, as it often means a new roof is ultimately less expensive than paying for repairs to the older one.
Plus the new roof provides years of trouble-free protection, increased energy efficiency, and a brand-new warranty.
Will Roof Replacement Really Increase A Home’s Saleability?
Yes, for several reasons.
Firstly, a home with a new roof replacement will appraise higher, often making it possible for sellers to ask slightly higher prices for their homes and actually receive them.
Secondly, home buyers look at a new roof as a positive investment in future home maintenance, alleviating them of the worry and cost of dealing with it themselves in the near future.
A new roofing replacement may mean the house costs a little more, but those costs are absorbed into the mortgage, which may not be possible when financing a new roof separately.
Finally, when adding the extra curb appeal a fresh roof adds to a home, buyers may even bid higher on a home that looks great and has a brand-new roof if there is high interest in the property.
Improve A Home's Value and Appearance
It is clear to see that a roof replacement can be very beneficial in multiple ways.
Whether homeowners are facing paying for roofing repairs or their current roof is simply nearing its final few years, a new roof adds value, improves appearance, and provides other important advantages.
Consider the many reasons why a roofing replacement is better than just doing repairs and appreciate a more beautiful and valuable home!
