Does a New Roof Improve Your Home’s Value?

When it comes to home improvements that increase property value, new  roofing  probably isn’t the first thing that comes to mind.  Roofs approaching the end of their useful life or leaking can reduce the value of your home and should be replaced. However, investing in premium shingles may not result in the expected increase in home value. In today’s post, Patriot Roofing LLC discusses if a new roof does improve your home’s value.

Does a New Roof Increase Home Value?

Research on how much value a new roof will add to your home is somewhat conflicting. On average, a new roof will increase the value of a home by $15,427. This equates to 68 percent of the initial investment. However, other research has found that a new roof adds significantly more to the appraised value. According to a remodeling impact report released by the National Association of the Remodeling Industry (NARI), new roofs provide a 109 percent return, which means you could profit from your new roof.

A New Roof Is an Investment

Roof and  gutter installation  are some of the biggest home improvement projects. Other than increasing your home’s value, homeowners get a new roof when their roofing needs an style or performance upgrade. New architectural-grade asphalt shingles add texture and dimension to your home, which can improve the overall appearance and feel of the structure. With the wide range of color and design options available on the market today, you can replicate the appearance of real wood or a rustic slate roof without having to pay the hefty price tag associated with these natural materials.

A new roof also means a renewed warranty. 15 to 20 years was the standard warranty period for asphalt shingles in the past. However, thanks to recent technological advancements, premium-quality shingles for residential and commercial roofing are now available with manufacturer warranties that can last up to 50 years. 

Roof repair  and installation with Patriot Roofing LLC. is what you call a smart investment. For all your roofing concerns, call us at (405) 217-0473 or fill out our  contact form  to schedule an appointment. We proudly serve homeowners in Edmond, OK.

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