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Does it look ridiculous to you that roofing can improve the value of your home? Well, If your answer to that question is Yes, you should understand that the value of a home in the market is greatly independent on the properties in it and the developments that the home has undergone. In this case, one of such developments that can be considered to raise the value of your home when you are planning to sell is the roofing.
In trying to understand how roofing can improve the value of your home, you should factor in some of the benefits you stand to gain and also what the prospective stands to gain too. If you were once skeptical about changing your roof, the following facts would clear your doubt.
Prospects Of incentives
Of all developments you could implement in your home to make it more valuable, roofing should be highly considered; because, not only does it make your home more valuable in the real estate markets, it also gives you a chance to claim some cash incentives. From surveys, it is being concluded that homeowners that took the bold step of replacing the roof of their homes can recover a large percent of the cost of installations. That’s is quite profitable if you ask me. You get to enjoy the comfort a new roof brings, and still get to collect some refunds on the cost spent for its installation.
Take a look at these 7 Easy DIY Projects that can Increase Your Home’s Value
Makes It A Catch
There is no better way to put that. You can’t deny the aesthetic appeal a new roof will give to your home. It will surely stand out when compared to other neighboring homes. What they – the buyers – would see when they look at your home from the outside is a home that guarantees comfort, a home that is luxury – the kind of luxury they would want to enjoy.
It is only natural for a buyer to be swayed to a home with a better aesthetic appeal. It is also way easier to convince a prospective buyer to consider buying your home with it new roof than to attempt to present a home with bad roofing to them – that will most likely be a turnoff to anyone that is looking towards acquiring a house with his/her own money.
Downsized Maintenance Costs
Every prospective buyer is wary of any property that would prove to be more expensive to maintain than necessary – be it a car, a house or any other property. No one likes the idea of buying a home and being faced with the scare of having to call professionals every now and then to fix one problem or the other. That is actually scary and way too expensive to put up with. At that point, the property is becoming a liability to them and is making them spend more than they should.
You want to enjoy a home that guarantees comfort and peace of mind, a home where you wouldn’t have to bother about fixing of the roof until 20 years time – or say, 10 years time – a home that helps you save instead of drilling a hole in your pockets.
And what better way to guarantee a buyer that your home is such if your roof is in a deplorable state. Even you, wouldn’t want to buy that.
So by all means, change the roof if it has reached its lifespan, you will end up smiling to the banks when you get someone that buys it higher than you did when you bought it.
Read more: Roof sheathing
This just another pointer that helps you understand how roofing can improve the value of your home. It is one factor most buyers often consider when trying to acquire a new home. Sometimes the poor or not-so-well thought out developments done in a home could contribute to the high energy bill being charged. It is quite scary to buy a home where you have to be paying higher than normal.
As unbelievable as it may sound, the quality of your roof could take a toll on the amount you pay on the electricity bill. If that was ambiguous to you, allow me to make it clear to you. In a sunny season, it is normally expected for the roof to stand as shield and not allow the heat to penetrate into the home; but with a bad roof, there is a high chance of the home experiencing more heat, making the air conditioning system overwork, in the long run taking a toll on the amount of power consumed in order to keep the home cool.
A roof that is reflective of the sunlight and also resistant to it is often advised as a better replacement if the one installed already is not energy efficient. If you’re not sure of what to do here its best to consult a roofing contractor.
Appeal Of Transferable Warranty
It is already established that buyers are more attracted to homes that are cost efficient than homes that aren’t. If you patronized a roofing company that gives you a lifetime warranty on the materials and labor, that could score you some free points when trying to proposition the home to a buyer. They will be happy with the idea of not having to spend at all on maintenance of the roof when they purchase it since it is already covered.
By statistics, homes that have such warranty on the roofs have been discovered to be more valuable in the real estate market. So, this is another angle you look at things from whether trying to consider whether roofing could make your home more valuable.
From all the points discussed here, you can see that replacing your roof to a more modern and durable one isn’t a bad idea as it has its benefits when you consider the prospect of having to put the house on sale in future. I hope this article has helped you to understand how roofing can improve the value of your home.