You deserve the prettiest house in the neighborhood. Not only does it feel good to have a beautiful home, investing in home improvement projects like a new roof can substantially increase your home’s value. Here are 4 ways to save big by investing in a new roof now.
Update the Appearance, Improve Resale Value
Curb appeal means everything. Adding a new roof enhances your property’s aesthetic with a nicer and newer appearance while improving its resale value. Remodeling Magazine’s Cost vs. Value Report (2020) finds that a new roof with asphalt shingles increases home resale value by a national average of $16,287. In Oklahoma, the cost recoup is a whopping 57.1%! Email us at [email protected] for a copy of this report.
Enjoy Lower Utility Bills
Homeowners with new roofs also appreciate lower utility bills. Your roof functions as a major insulator of your home, so the roofing materials you choose work to reflect heat instead of absorbing it. This can help make your air conditioning more efficient. Improved energy efficiency is one of the top reasons homeowners choose to have a new roof installed.
Lower Home Insurance Premiums
One of the fastest ways to save money is through your homeowners insurance. Simply replacing your roof may reduce your premium by as much as 5 – 25%. Upgrading to a Class III or Class IV hail and wind resistant shingle can save you even more! In fact, one of our clients reduced his annual premium by 50% by installing a Class IV hail and wind resistant shingle w/algae protection. Important: Not all insurance companies offer discounts, so check with your insurance agent first.
Avoid Building Inspection Issues and Sell Your House Faster
As a seller, having a roof inspection is stressful and is usually where a buyer can lower your agreed upon selling price if the report comes back unfavorably. On the other hand, according to the National Association of Realtors (NAR), 33% of Realtors surveyed insist that a roof renovation helped them close a sale. The report named new roofing as the exterior project that appeals most to buyers. Homes with new roofs offer great value to buyers who know it will save them from doing major repairs later.
To learn more about roof replacements, call us at 918-366-3341 or email [email protected]. We look forward to serving you.
Dave Laizure, owner