Every home improvement can add value to your home, and a roof replacement is one that can do so in a major way. Whether you want a good selling price for your home or a forever home that’s significantly valuable, read on as AllPoint Construction LLC takes a look at how roof replacement can help boost your home’s value.
Roof Replacement and Home Value
Most people associate the term “home value” with “sale price,” but increasing your home’s value offers so much more than just getting more money for your home. If you are paying for mortgage insurance, an increase in the home’s value can help decrease its loan-to-value ratio, which may, in turn, reduce your premiums or ultimately cancel it sooner. Long term, an increase in home value can have a corresponding increase in home equity, which means more financial options that can be used for further home improvements.
Other Benefits of Roof Replacement
A new roofing system offers additional benefits that some home buyers may find attractive.
Boost in curb appeal. Your roof is one of the first things people notice from the curb, and a beautiful roof can make that crucial first impression. Roof replacement is an opportunity to improve upon the appearance of your home and make it more attractive to potential buyers by choosing colors and styles that work with other parts of the exterior.
Energy savings. A new roof is also an opportunity to fix insulation issues that may be affecting your home’s energy efficiency. You can also choose energy-efficient roofing materials that help reduce radiant heat absorption. All of these can result in reduced home heating and cooling requirements, which can help reduce your annual utility bills and make your home more comfortable.
Peace of mind. No one can put a price on the peace of mind brought by a roof that can protect you from virtually any weather condition. A new roof with high wind ratings will help alleviate the worry of roofing damage during a storm, or the extensive repairs and insurance claims that usually follow.
Ultimately, roof replacement is, for all intents and purposes, an investment. Learn more about roofing options by calling your trusted provider of roofing and remodeling services, AllPoint Construction LLC. Give us a call today at (734) 407-7110 or fill out our contact form to schedule a free consultation.