How to Increase the Resale Value of Your Home

Jun 1, 2020 | Roofing, Siding, Spouting

We’re often asked by homeowners, “Does replacing the roof increase the resale value of your home?” Of course, we’re not in the real estate business, but because we regularly observe both the satisfaction to homeowners and the value to properties that new roofs bring, we feel we’re in a unique position to objectively answer that question.

There are multiple reasons for a high return on your investment. From increasing the curb appeal of a home to alleviating energy loss and UV penetration through modern roofing materials, there’s typically a list of reasons why a new roof can positively impact the resale value of any property.

Let’s take a closer look at some of the most valued reasons why putting a new roof on your house is such a smart investment.

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AESTHETIC IMPROVEMENT

We’ve all heard about curb appeal, but what does it actually mean when it comes to a home’s roof influencing the potential buyers of a home? The term as it relates to a home’s roof means that any signs of a roof aging — or, worse, being in dire need of repair — could potentially scare away prospective buyers. At the very least, it might cause them to think about how much any repairs or replacements would cost them and, therefore, make an offer that reflects incurring those expenses.

On the other hand, when buyers see a new roof adding to the aesthetics of a home, they are immediately given the impression that the entire property is well-maintained. As a result, they’re far more likely to make offers that match or, in some competitive markets, even exceed the asking price.

IMPROVED HEALTH OF HOME AND STRUCTURE

Issues with mold growth and trapped dampness can cause a plethora of problems with any structure’s integrity, as well as to the health of those who live there.

And since we all know how breathing issues such as asthma can be aggravated by mold and prolonged dampness, seeing a new roof on a prospective property can be a big plus in terms of safety for informed homebuyers.

REDUCED SALE TIME

Let’s face it — anything that can prevent a home from spending a prolonged amount of time on the market is an important advantage. Smart homebuyers know that a home that’s been on the market for too long usually indicates there’s a problem either with the asking price or some structural feature. On the other hand, if a home has a new roof, then there’s already an indication that there won’t be any roofing inspection issues to hold up its sale.

And the quicker your home sells, the fewer overall fees you’ll wind up being hit with from advertising, marketing campaigns and other time-sensitive realtor fees.

INCREASED ENERGY EFFICIENCY

Did you know that a metal roof can help reduce heating and air conditioning bills by as much as 25 percent? Families looking to buy a house can look at the potential for significant savings depending on the type of material a roof is made of. It also means more comfort and protection throughout the year, as increased reflection of solar rays and more efficient insulation can all be supported by a new, well-installed roof.

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WHY GREENAWALT ROOFING COMPANY?

Since most homes represent much more to their owners than a resale value, we also know that a roof is more than a simple top to a place of shelter. Greenawalt Roofing Company is a Certainteed 5-Star SELECT ShingleMaster.  By choosing Greenawalt Roofing Company for your roof replacement you are selecting a contractor in the top 1% of his profession who has met the most stringent credentialing requirements in the roofing industry. In other words, your home is in the very best of hands. Greenawalt Roofing Company has proven expertise in roof installations, is properly insured, and held to the highest standards of the program’s code of ethics. Contact Greenawalt Roofing Company today for your FREE estimate, 717-898-6000.

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