Can a New Roofing System Improve Home Value?

You can enjoy a number of benefits when you invest in a new roofing system for your home. But aside from enhanced curb appeal and greater weather protection, can a roof replacement also increase your home’s value? The premier roofing contractor in the area, LePage and Sons Roofing LLC, shares a quick answer in today’s post. 

If you’re placing your home on the market in the near future, then it’s possible that a new roof installation will encourage a faster sale. But whether or not the project can add to your home’s overall value isn’t crystal-clear. You’ll need to take into account a few essentials first:

• Existing Condition of Your Roof. Investing in a new roofing system makes perfect sense if your existing one is already nearing the end of its service life. A newly installed roof won’t turn away any potential buyers. It also discourages them from asking for discounts. However, if your current roof remains in fairly good condition — barring a few minor issues that can be easily mitigated — then you can probably get away with a roof repair instead of a replacement.

• Quality of the New Shingles. In case you’ve decided to go ahead with a roof replacement, you’ll want to consider the quality of the new shingles. Your choice should depend on the type of community you live in. If your neighborhood generally features starter homes, for instance, you should avoid choosing premium-quality shingles. That’s because your home’s value won’t rise very much above that of your neighbors’. On the other hand, if you live somewhere more upscale, then higher quality, more expensive shingles are generally expected.

• Current Market Conditions. General housing market conditions can influence the value that may be added to your home through a new roof installation. To get a better understanding of the current market conditions you’re facing, check with a local appraiser and your real estate agent.

Request a Roofing Quote

Are you planning to have your roof replaced? Just turn to LePage and Sons Roofing LLC for a precise and detailed roof estimate. We’ll discuss your project with you in detail so you know exactly what to expect and ensure a smoother, stress-free experience. Call us today at (508) 295-6483 or fill out this contact form to schedule your roof evaluation. We proudly serve New Bedford and other areas in Southeastern Massachusetts.