There are several reasons why homeowners might consider a new roof, from increasing their home’s protection against the elements to changing their visual aesthetics in a major way. One consideration that’s present in nearly all these cases: How a roof replacement might add to the overall value of your home, which is often by a significant amount.
At Whitaker Roofing, we’re happy to provide a wide range of roof replacement services throughout Salt Lake City, plus to help our clients understand precisely how their new roof stands to impact their overall property value. Roofs are known as some of the strongest home upgrades you can make with regard to return on investment — part one of this two-part series will look at why this is the case, while part two will dig into some methods for determining exactly how much property value benefit you’re getting from a new roof.
First and foremost, the roof plays a major role in what’s known as curb appeal, which helps in terms of attracting buyers to your home. A new roof, either from a different material choice or from a complete replacement of the old one, will help your house look better and more up-to-date, which can be seen as a major asset. In fact, in some cases, it may add several thousand dollars to your home’s value through nothing other than visual improvements alone.
Another major benefit of a new roof is that you’re getting a new warranty, which can help to protect you from future damage that might otherwise have been covered under the old one. This is especially true if your roof was badly damaged by a storm or other serious damage and required a replacement as part of its recovery process — you’ll get an improved warranty over the first installation work, which could help to save you considerable money overall.
Improved Technology, Longer Lifespan
In addition, today’s roofing technology has come a long way from where it was even a decade or two ago. Today’s new materials last longer and are more durable, meaning you’ll get more mileage out of your new roof than you might have guessed. You may also find that it’s easier to maintain, which can save you further money in the long run as well.
Avoids Continued Repairs
While repairs are a great choice for certain minor forms of roof damage, there are some cases where issues are so significant that continuing to attempt repairs over and over will actually cost you far more than just replacing the roof — and letting it provide all these other benefits we’ve already gone over to you.
For more on the property value benefits of a roof replacement, or to learn about any of our roof repair or replacement solutions in SLC or other parts of Utah, speak to the pros at Whitaker Roofing today.