Increase The Value Of Your Home With A Decra Metal Roof
Available in five styles and more than 30 colors, the ageless beauty and performance of a DECRA stone-coated metal roof can increase the value of your home. It can also incentivize buyers to pay a premium price for the peace of mind that comes with knowing their home is protected by the strength of steel. If youre looking to increase the value of your home before selling, contact one of our roofing advisors to upgrade to metal roofing.
What Are The Most Common Types Of Metal Roofing
Aluminum Roofing: Aluminum is lightweight, non-corrosive, and suitable for coastal areas.
Copper Roofing: A very durable roof that develops a protective coating and changes color over time. The costliest roofing material available.
Corrugated Metal Roofs: Corrugated metal is one of the cheapest metal roofing products available. It is also relatively inexpensive to install, especially on large areas, due to the long metal sheets.
Zinc Roofing: A highly durable and costly roofing material that patinas and changes color over time.
Metal or Steel: This is the most popular metal roofing material, which comes in various finishes.
The Cost Of A New Roof
The first thing you need to do is consider how much a new roof will cost. To do this, you have to research materials, get more information on the true size of your roof, and consider any roofing obstructions that you have . If youre working on a budget, asphalt shingles will be the lowest cost. If you want something more luxurious, you can expect to pay substantially moreusually thousands of dollars more. The larger your homes roof is, the more money a new roof will cost. Materials are usually sold per square foot and a larger roof also requires more labor. If your roof has no obstructions, it will be cheaper as the labor is easier. If you have a lot of skylights, a steep roof, or a number of other obstructions, youll end up paying more.
If youre interested in getting a new roof installed to help increase your homes value, contact the professionals at First Star Exteriors today. At First Star Exteriors, we believe theres a perfect balance between hands-on, personable treatment, quality of work, and speed of delivery. We take the time to understand your needs and communicate effectively from the first quote to the last nail being placed. To learn more about our roofing repair options or to get a quote from us today within 48 hours, contact us at 267-4800 or fill out our contact form here.
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How Much Does A Metal Roof Increase Home Value
Theres an old debate on how much a metal roof increases home value. Some people say that a metal roof doesnt increase the value of your home at all. Others say that it can be as high as $10000-$20,000 more than the cost of installing a traditional asphalt shingle roof.
Metal roofs are long-lasting and durable. A metal roof will not warp or leak like other types of roofs do over time. The downside is that theyre quite expensive to install and some homeowners dont want to spend the money upfront.
Ultimately, how much a metal roof increases your home value is going to depend on the specific type of material that you choose for installation. There are several factors that make this product valuable including durability, aesthetic appeal, heat resistance, and lower maintenance costs over time. All of these benefits will help keep your overall cost down while also giving you an attractive-looking roof that will last for many years to come.
How Does A New Roof Affect The Return On Your Investment
In Remodeling Magazines 2017 report, its said that a new roof can add $14,000 to a homes value. Add the extra curb appeal you get with a new roof and now youre able to see why replacing the roof should be a higher priority on the list of projects for your home.
Some older homes have roofs that include asbestos in the material. As we all know, asbestos, though commonly used decades ago, is a massive health risk when people are exposed to it. Therefore, having that professionally removed and replaced with safe materials adds a health value that cant be quantified.
Several factors can impact your return on investment. For example, most contractors will try to avoid layering shingles, as it can shorten the roofs life by up to 40 percent. Furthermore, it will trap heat and add too much weight to the roof. So, if you have a new $5,000 roof placed atop an existing layer of shingles, your return on investment will be lower.
Regularly maintaining your roof will also impact your return on investment over time. For example, if youve just been hit with a big storm, have your contractor come out and do a thorough inspection, because small dings and dents that can be repaired easily now might be a bigger problem later.
Also, the materials you choose can impact the return on investment. Lets say you put an asphalt roof on a home in a division where every other house has wood shingles youre going to be devalued for that, especially if youre looking to sell any time soon.
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Lower Maintenance Cost Over Time
Metal roofs are not susceptible to mold or mildew growth like some other types of roofing materials, which means that you will spend less money on cleaning and upkeep over time. This is another factor in how much a metal roof increases your home value as it can help you save money for other areas of your home.
Families Appreciate The Safety Benefits
One lesser-known benefit of metal roofs is that theyre safer. Metal is naturally fire-resistant and will resist lighting from nearby sparks. This is a crucial added protection for families, especially in areas prone to wildfires. As detailed in our article about the myths of metal roofing, theyre also safer in the event of lightning strikes, as they can spread out the energy from a strike. Theyre also strong against wind, hail and other dangers. All of this adds up to safety benefits that potential homebuyers will appreciate.
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Does A New Roof Increase The Value Of Your Home
You may be wondering if a new roof will increase the value of your home. This is especially true if you are considering selling in the future. While a damaged or older roof will definitely decrease the value of your home, a new roofs value will be affected by the real estate market, type of new roof you choose, and buyer preferences at the time. Lets dig deeper to find out if a new roof will increase the value of your home.
How Metal Roof Increases Your Home Value
A metal roof is one of the most durable roofs that you can install on your home, but does it increase your home value?
Before you even consider how much a metal roof increases your home value, it is important to understand how this material can be beneficial for the overall life of your property. A metal roof will last between 50 and 100 years which means that if you ever need to replace it, there wont be any major costs involved with getting it installed.
There are several ways how a metal roof will increase your home value. These include durability, heat resistance, aesthetic appeal, and lower insurance premiums. These are just a few reasons how much having metal roofing on your home will increase its value.
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Roofing Cost Vs Value
The average cost of a new roof in the U.S. is about $7,500. This figure is for a roof on a 2,000 square foot ranch home. When it comes to cost vs. value, youre looking at between $2.40 to $3.75 per square foot. Essentially, something in the mid-range, around $3 per square foot, offers the best value.
The trick is to find a contractor that uses the right materials, provides excellent installation services and offers a competitive price. This can land you with extreme quality at a low cost, which means the cost vs. value ratio is vastly improved.
How Does A Metal Roof Add Efficiency And Curb Appeal
Installing a new metal shingles with the right roofing contractor can significantly enhance the curb appeal of your home.
Maintenance: Due to their low maintenance and longevity, metal roofs are a popular option. And a little maintenance can increase its curb appeal quite a lot.
Aesthetics: Your roof will stand out from the rest on the block with a more vibrant appearance. Which ever color and style you select, it is critical that they match the architectural look of your house. Also, the roofing materials affect curb appeal. For instance, many modern homeowners choose metal roofs due to their superior longevity.
Additional Features: Having a solar-panel-ready roof installed on your house can have a significant effect on its curb appeal, value, and energy efficiency.
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Does Metal Roofing Raise Home Value
Metal roofs are a great investment for a property. They can help you save money on your heating and cooling costs because of their energy efficiency, they have an extremely impressive lifespan, and, of course, are unbelievably durable against even some of the toughest environments. However, some homeowners want to know does all this mean that a metal roof will raise property value? Lets find out.
Maintenance And Replacement Costs
Having to repair or maintain your roof can be expensive. The cost of roofing seems to double in price every 15 years or so. Most traditional roofing materials have what has been distinguished as two life aspects to them.
They have an Aesthetic life and Functional life.
The Functional life of most installed roofs is around seventeen years, whereas the aesthetic life is closer to seven years.
That is because over that short time the weather will take its toll on the roof material, and it will start to deteriorate and look old.
Once a roof starts to look old, it will still give you protection from the elements, but it will have an impact on the overall look of the house, particularly for a potential buyer.
Those of you that have sold a house in the past will know that buyers will hire home inspectors, who will inspect the roof and pick it apart, particularly if the roof is looking old and tired. They will then proceed to tell you it needs a new roof and look for a discount on your selling price.
The installation of a metal roof will get over these potential hurdles of ensuring you get the right price for your home.
Being long-lasting and durable, a metal roof will give you that new look, and enhance the value of your home considerably.
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Opt For Roofing Materials That Fall In That Goldilocks Midrange
To reiterate Christmans point from beforea buyer can tell if you put in the bare minimum, and they dont want to pay top dollar for a new roof they didnt even pick out.
Stick to midrange and be sure the materials match the other homes around your neighborhood. Also consider new roofing as a way to invest in your homes insulation and energy efficiencyboth features that matter to buyers.
Return On Investment Metal Roofing Vs Shingles
- Metal roofing costs about twice as much initially, but after about 15 years metal roofing is actually 50% cheaper. After 30 years, asphalt shingles will cost you about 3 times the price of a metal roof.
- Shingles look old and worn within 5-7 years while metal roofing will have a 30 year paint warranty. A shingle roof that looks old and worn out will detract from the curb appeal of the house and reduce your resale value.
- A metal roof is more energy efficient than a shingle roof. This will decrease your heating and cooling cost.
- Metal roofs cost less to insure than shingle roofs.
- Metal roofs require less maintenance than shingle roofs.
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The Benefits Of Adding A New Roof To Your Home
Its not all about resale value if youre not planning on selling, consider the improved energy efficiency. In fact, energy efficiency is one of the top reasons homeowners choose to have a new roof installed.
Did you know asphalt shingles have the ability to lower the surface temperature of your roof by up to 50 degrees? This can help make your air conditioning more efficient. You can also get tax credits when you make these eco-friendly improvements.
Another benefit to adding a new roof to your home is that youre getting an updated layer of protection that keeps everything under it safe and sound.
When Is Roof Repair The Best Option
For most homeowners looking to sell their house, simply repairing their roof can be all that is necessary to help sell the house. While nothing looks better on a listing than new roof, investing in that can often cut into your future sales profit . Simply repairing cracked roof tiles, missing shingles, or a sagging roof can significantly improve the sale of your home. A good looking roof can also make your home sell faster too! Your roof offers great curb appeal, so making sure it looks its best will help home buyers get a good feeling about your home.
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Level Of Damage On Existing Roof
If you are considering selling your home, bear in mind that most buyers do not have the extra money to purchase a home as well as replace the roof. Therefore it is always a good idea to replace the roof prior to listing if the roof is old, damaged, or decaying. Otherwise you run the risk of pushing away potential buyers. If your current roof is still in relatively good condition, it does not make sense to spend the money on a replacement.
The Long Answer Is Yes But
You probably cant match dollar for dollar.
The 2017 Remodeling Impact Report, a survey conducted and published by the National Association of the Remodeling Industry and the National Association of Realtors states 45% of Realtors suggested sellers add new roofing before attempting to sell and 32%said roofing is what helped them close the deal. The organization argues the recovered cost is more than the spent cost .
Replacing your roof does have a pretty high return on investment, especially compared to other house projects, but it doesnt mean you can necessarily mark up the asking price dollar for dollar for what you spent on the new roof. Pricing a home is more complicated than that. Thats because
A house is supposed to have a roof.
When a buyer makes an offer, they assume the roof is there and is doing the job of a roof. Its tied into the price tag, not an add-on, and the sellers not acting entitled for thinking his new buy should have actual shelter.
Keeping up a roof is normal home maintenance, so a seller shouldnt expect a buyer to pay extra for the roof, even if it is top-of-the-line and brand new.
For this reason, Christman says, if you have to replace your roof, go midrange.
Dont spend the high dollar amounts or do the bare minimum.
Buyers can see if you did the bare minimum and they wont want to pay for the upscale. Midrange is your best bet for high return on investment.
Theres not an obvious right or wrong answer to replace
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Does Metal Roofing Increase The Value Of Your Home
Metal roofing is becoming more and more popular with Harrisonburg homeowners. Not only do metal roofs look clean and stylish, but they evoke a sense of nostalgia for historical homes throughout Virginia. Plus, they hold up exceptionally well and need less maintenance than asphalt roofs. All of this may add up to increased value. Read on to find out why!
Why Installing James Hardie Siding Improves Home Value
There are many reasons why James Hardie Siding will increase your homes value. It will boost your curb appeal with a wide variety of colors that will remain crisp and wont fade. Hardie siding will remain durable. It wont chip or crack. Unlike vinyl siding, you wont see fiber-cement siding swell or crack.
In fact, James Hardie Siding is engineered to stand up to all types of climates throughout North America. Here on Long Island, that means standing up to winter and even spring snow. Hardie siding will also resist heavy rain and will stop moisture from doing damage to your homes interior. Its also flame resistant, unlike wood siding and that can save you money. Some areas will lower fire insurance rates if they install Hardie siding. Talk to your insurance agent.
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New Roofing Scores High In Recent Cost Vs Value Survey
Every year, Remodeling Magazine conducts an extensive survey that compares the return on investment for a wide range of home improvements. Bathroom remodels, basement finishing, new decks, replacement windows and garage additions are among the many remodeling projects included in the survey. According to Remodeling Magazines 2013 Cost vs. Value Report, a new roof increases home resale value by a national average of nearly $12,000. The survey also revealed that homeowners who have new roofing installed can expect to recover an average of 62.9% of the installation cost through increased home value. This statistic puts new roofing ahead of building a bathroom addition or installing a backup power generator in terms of ROI.