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Is Replacing Your Roof A Good Investment?

It is a well-known fact that a roof should last between 20 to 25 years. However, there are many factors to consider, including local weather conditions, annual maintenance and care, quality of the materials used, and more. All of these factors have an impact on a roof’s lifespan.

If your roof is old, it is likely that it will need replacement soon enough. Similarly, if your roof takes a lot of external wear and tear and requires frequent repairs every few years, it may be a wise decision to replace it altogether.

Some of the benefits of roof replacement include:

  • Maintaining your roof’s functional condition – If you wish to continue to protect your home, maintaining your roof’s functional condition is a must. Having said that, replacing your impaired roof can limit or prevent further damage from extreme weather conditions, wear and tear, or aging.
  • Preventing leaks – A leaky roof can develop for several different reasons, including wind or storm damage and improper roof installation – to name a few. It can cause great harm to the interior of your home, including mold and mildew issues, higher utility bills, slip and fall hazard, compromised structural integrity, and more. In turn, replacing your leaky roof will minimise any safety and health risks.
  • Preserving your home’s curb appeal – The roof of a house is a feature that cannot be missed. This means that in order to preserve your home’s curb appeal, your roof needs to be in tip-top condition. A new roofing system is not only easy on the eyes, but it can withstand harsh forces such as heavy rainfall and snow.
  • Improving energy efficiency – Installing an asphalt roof can save you a lot on your utility bills in the long run. Unknown to many, asphalt roofs reflect solar heat, thereby improving energy efficiency. As opposed to traditional options, this solution is one of the most popular reasons why every home needs a roofing upgrade.
  • Adding value to your home – Findings indicate that replacing your roof can actually add value to your home. How so? By boosting your property’s value, increasing aesthetic appeal, drastically lowering utility bills, ensuring safety, and reducing the risks of health hazards.

If you are planning on selling your home, your roof is one of the largest and most obvious features that buyers will see when forming a first impression of your home. If your roof is approaching the end of its lifespan or is leaking, it will lower the value of your home. However, it can also be quite difficult to determine EXACTLY how much a new roof will boost the value of your home because you will need to weigh in factors such as the condition of the roof, housing market conditions, and buyer desires. For this reason, it may be in your best interest to get in touch with roofing specialists who will take into consideration all of these factors and provide you with an accurate figure.

When all is said and done, it goes without saying that a majority of real estate agents use a new roof as an effective selling tool. What’s more, buyers are attracted to homes with new roofs because it gives them peace of mind knowing that they can save money on major repairs or replacement in the long run. Depending on your situation, investing in replacing your roof can help you to attain a better sale price when the time comes to sell your home.

As the foundation of your home’s structural integrity, the roof ranks high on the list as one of the most effective ways in which you can contribute positively to your property’s value.