Does putting on a new roof increase
home value in Augusta?
Yes, adding a new roof to the home will increase its overall value and curb appeal. Putting a new roof on the home will also increase the curb appeal and make it easier to potentially sell if you choose to do so. According to national data a new roof will increase your home’s value between $9,000 and $12,000. Many homeowners decide to put a new roof on their home within a few years before they sell the property since it does help the home sell faster and they can offset the replacement costs by increasing the asking price of the property. If an appraiser were to come to the home in the 2 scenarios (1 with a new roof and 1 with an old roof) it is obvious that they would pick the first home as being more valuable and give it a higher appraisal amount.
If you put a new roof on your home it will also increase the number of potential buyers you will receive compared to having an old roof on your home when you go to sell it. It is also important to note that some lending companies only approve homes with sufficient roof conditions. Some FHA loans will not allow first time homebuyers to get a home where the roof is in poor condition or of a certain age. When you sell your home you want to present the offer to as many people as possible, this increases the chance of someone buying it for the amount you want.
Certain roofing materials will increase the value of the home more compared to others. For example a premium metal roof will cost more to install but can last for 80+ years thus adding much more value to the person buying the home. Architectural shingles are usually the highest quality kind of asphalt shingle and will usually last more than 30 years while a traditional asphalt shingle will last about 15-20 years. The difference in these materials will also affect the perceived value of the home and roof. Color also plays a role when determining the value a roof adds to a home. If you install a blue roof on a yellow house even though the roof may be good quality it will negatively affect the curb appeal and potentially the perceived value of the property.
If you need a new roof installed be sure to contact our roofing contractors in Augusta, GA for the best quote around town. We guarantee all of our work and promise you will be satisfied with the results.
If you put a new roof on your home it will also increase the number of potential buyers you will receive compared to having an old roof on your home when you go to sell it. It is also important to note that some lending companies only approve homes with sufficient roof conditions. Some FHA loans will not allow first time homebuyers to get a home where the roof is in poor condition or of a certain age. When you sell your home you want to present the offer to as many people as possible, this increases the chance of someone buying it for the amount you want.
Certain roofing materials will increase the value of the home more compared to others. For example a premium metal roof will cost more to install but can last for 80+ years thus adding much more value to the person buying the home. Architectural shingles are usually the highest quality kind of asphalt shingle and will usually last more than 30 years while a traditional asphalt shingle will last about 15-20 years. The difference in these materials will also affect the perceived value of the home and roof. Color also plays a role when determining the value a roof adds to a home. If you install a blue roof on a yellow house even though the roof may be good quality it will negatively affect the curb appeal and potentially the perceived value of the property.
If you need a new roof installed be sure to contact our roofing contractors in Augusta, GA for the best quote around town. We guarantee all of our work and promise you will be satisfied with the results.