Boosting Home Value with a Roof Upgrade

Upgrading your roof can significantly increase your home’s value. A new or improved roof not only improves the house’s structural integrity but also enhances its curb appeal. 

The right choice regarding your roof’s upgrade can make a lasting impact in the real estate market. So, if you want to boost your home value for a sale, it’s good to know of all the options you have available regarding your roof’s upgradation for a polished look and a strengthened structure. 

Here’s a guide to understanding your options regarding your roof upgrade and how they can improve your home’s worth.

The Benefits of Learning About Your Roof's Age

Options for Roof Upgradation

A roof upgrade doesn’t necessarily mean a roof replacement. In many cases, just shingle replacement of your current roof will do the trick. In others, a partial re-roofing might be needed to strengthen the roof. If the roof is old, the decking is ruined, and it needs truss work, replacing the roof might be the only option. 

Here are the three options you have to upgrade your roof:

Shingle Replacing

Damaged or missing shingles can make a roof look old and neglected. By replacing worn shingles with newer, high-quality ones, you can improve the roof’s appearance and extend its life. Replacing shingles is a cost-effective way to address small issues without redoing the entire roof. 

While this option might be cost-effective, it works best when the underlying structure is still in good condition. Your local roofer can help identify the issues with your roof and whether the structure is intact. Shingle roofs typically last around 15 years. So, if you have had roofing work done in the past decade and invested in regular maintenance, chances are that you’ll only need shingle replacement for a neat look. 

Partial Re-roofing

Partial re-roofing involves replacing only a section of the roof. If some areas of your roof are damaged while others are intact, roof repairs like this can save costs compared to a full roof replacement. 

However, matching new materials with old ones can be tricky, and the result may not look seamless. Still, this option is ideal for homeowners looking to fix major problem areas. This might be a good option if you’ve had storm damage and aren’t keen on replacing the whole roof just to impress prospective buyers. 

New Roof

Installing a completely new roof is the most impactful upgrade. A new roof offers modern materials, improved energy efficiency, and a fresh look. While it’s the costliest option, it provides the best return on investment and eliminates concerns about future repairs. A fully replaced roof often helps homes sell faster and at higher prices.

This option is for you if your roof is in poor condition. for instance, if there are signs of water damage in your home, your energy bills are staggeringly high, and your roof doesn’t have modern roofing materials, a new roof installed by a professional roofing company might help you reap better financial returns. 

Metal roofs are all the rage these days. This type of roofing material is bound to appeal to prospective buyers since it means low spending on maintenance, energy efficiency, and higher durability, especially in areas with harsh weather conditions. 

New Roof ROI Estimates

Research suggests that even in a competitive market, a new roof could give you a 63% return on investment. This means for every $100 you spend on the roof’s replacement, potential buyers might quote you a $63 higher sale price for your home. So, make sure you are aware that the added value will not always offset the cost of the new roof.

However, homes with new roofs often attract more buyers and receive higher offers. And upgrading the roof also signals that the property is well-maintained, making it a worthwhile investment for potential buyers.

Considerations for a Roof Replacement

If you wish to take up a roofing project for fetching a higher resale price, the first thing to do is to look out for signs that indicate the need for a complete roof replacement. 

Look for damaged or missing shingles, leaks, or sagging areas. Discolored spots or moss growth may also indicate roof issues. You could also go for a professional roof inspection to get an estimate of the repair costs and make an informed decision. 

Here are some other considerations to make before taking up a roofing project:

  • If your roof is over 20 years old, it may be time for a replacement. 
  • If you’re in an area where your roof has withstood extreme weather damage, it might have signs of hail damage and structural damage. 
  • If the market conditions indicate the need for a roof replacement for a higher selling price, roof replacement might be the answer. 

Fixing these problems by taking up improvement projects before listing your home can make it more marketable. Meaning that they can fetch you a higher price, and possibly a greater price than you ask.

Common types of roofing materials

There are a number of roofing material types available for roof replacements and shingle replacement. Here is a list of these roofing materials:

Asphalt shingles

An asphalt shingle roof is the most affordable and widely chosen roof type. They come in a range of colors and various styles. Asphalt shingles are also easy to install. These benefits make them a popular choice.

Synthetic or composite shingles

These mimic the look of natural materials, like wood or slate, but are more durable and cost-effective. They’re resistant to weather and provide a modern touch.

Wood shingles

Wood shingles offer a classic, rustic appearance. They’re more expensive than asphalt but add a unique charm to a property.

Tile, clay, or cement

These materials provide a distinct Mediterranean look. They’re long-lasting and energy-efficient but heavier and pricier than other options. Tile roofs cost around £10,000 – £13,000. Clay roofs are more expensive than tile roofs. 

Cement or concrete roofs are cheaper and match the durability of tile or clay roofs. However, cement roofs aren’t as aesthetically appealing as tile or slate roofs. 

Slate

Slate roofs are incredibly durable and luxurious. While expensive, they offer unmatched longevity and aesthetic appeal. The cost of a slate roof in the UK can range between £6,000 and £18,500. The actual price depends on the size of the roof and the slate quality that you choose. 

Conclusion

A roof upgrade is a smart way to boost your home’s value before selling. Whether it’s replacing shingles, a partial re-roof, or installing a new roof, the right choice depends on your needs and budget. Investing in quality materials like asphalt, wood, or slate can enhance your home’s curb appeal and attract buyers. With proper planning, a roof upgrade can provide a significant return on investment and help your home stand out in the market.

Advantage Roofing’s experts can help you with your roof upgradation. So, whether you need to replace only your shingles, partially replace your roof, or completely replace the roof, Advantage Roofing is a name you can trust.