Does Adding a New Roof Increase Home Value?

For many homeowners, their home is the most valuable asset they own. Therefore, they are always looking for ways to increase its value and make it more appealing to buyers. A new roof can add curb appeal and give your property a fresh look, but other factors may be just as crucial in determining whether or not you should get one. For example, if you live in an area where hail storms are frequent, then getting a roof with hail protection might be more valuable than something decorative.

Although a new roof will not automatically increase the value of a property, it can make your home more attractive. If you’re planning on selling in the near future, then getting a new roof might be worth considering; if not, then there may be other ways to spruce up your property that are less expensive and time-consuming. Changing the color of your roof or adding some enhancements will have an impact on whether potential buyers are interested in viewing it.

When is the Best Time to Get a New Roof?

For most roofing contractors, summer is considered the peak roofing season. Therefore, the best time to get your new roof is during the summertime because most contractors will be available and working. In addition, the weather is perfect for new roof installation since the sun is shining and the temperature will not be too hot or cold. However, during summertime, there will be a surge of homeowners wanting to schedule an appointment to get their roof done. So, it is best to schedule your installation in advance and hire a roofing contractor in New York that you can trust. It will take about two weeks for the minimum amount of time required for a new roof replacement. If you have an older home with a higher-pitched roof, then plan on three-four weeks before the new one is completed. It might be frustrating waiting, but it is worth the wait, especially in a hot summer.

Suppose you are unfortunate not to find a Manhattan roofer in the summer. In that case, you can still consider scheduling an appointment during late springtime since most of the roofing contractors are done with their prior schedule repair. This is an excellent time to schedule your installation before postponing it until next year.

Roof Installation

A new roof not only improves the look of your home but can also increase its value. According to the National Association of Realtors, a newly installed roof on an average-size house will add up to $1400 in value when it comes time for sale or listing. In addition, roofs are tax-deductible at 100%.

The price and type determine the cost of a new roof installation. The average costs for installing a shingle, metal, or tile are $1400-1750 per square (100 sq ft). If you plan on using slate, then expect to double that amount at around $3000-$4000 per square. However, in getting a new roof, one must consider the roofing material that will give more curb appeal and value to their home. In addition, determining the type of material to get for your house is important to consider on which look you are going after and what might be most durable and cost-effective in the long run.

Most Common Types of Roofing Material

There is a wide range of roofing materials available in the market. Some of the most popular choices are asphalt shingles, composite shingles, and metal roofing. The materials we have listed below all require a professional installation for reasons such as knowledge on how to install it correctly or the need to use special tools that not everyone might own.

Asphalt Shingles

Asphalt shingles are the most recognized roof material in North America and are a popular choice due to their price, availability, reliability, and versatility. It can be installed on just about any type of home with many styles available, from traditional asphalt roofs that mimic cedar shake-style roofs or tile-style roofs.

If you want your house to have a more traditional look, then asphalt shingles are your best choice. Asphalt Shingle prices range from $14-$25 per square or lineal foot, and installation costs normally range between $5000-7500, with the average cost for an asphalt roof being around $8000. In addition, the lifetime of these roofs is about 20 years before needing to be replaced.

Metal Roof

Metal roofs are one of the newest materials used in roofing. They are becoming more popular because they last longer than traditional roofs, provide better insulation and have a unique sleek look. Metal roofs are one of the most expensive to install and cost more than conventional shingle, tile, or other types of roofing materials but provide some unique benefits that can outweigh their higher price tag. They have a 30-year life expectancy before needing replacement which means they will need replacing only once in your lifetime. In addition, metal roofs have a high fire-resistance rating and can withstand hail, windstorms, or hurricanes. They’re also resistant to rusting, which provides durability and helps them maintain their natural good looks for many years without any significant damage.

The drawback is that metal roofs cost about $35 per square foot or lineal foot installed, and this can range from $12000-25000, with an average installation running between $18000-22500. Metal shingle roofs are made of a variety of metals, including copper and zinc-coated steel. They typically cost $14-$25 per square foot or lineal foot installed with an average installation cost between $3500-$6000. Their life expectancy is around 30 years before needing to be replaced, which means they need to be replaced every decade.

Metal roofs typically come in three different styles: smooth finish (single coat), textured finish (multi-coat), and a combination of both. The first choice is the most affordable, and it will typically last for about 12-15 years before needing replacement. Of course, this could mean more visits to your roofing contractor, but you’ll be able to find a mid-range priced metal roof that has a 30-year warranty at an affordable price point if you have $4,000-$ to spend.

Metal roofs are a good investment if you’re looking to keep your home in pristine condition for years and also want an aesthetically pleasing look that will help increase its value when it comes time to sell.