Is new roofing a good home investment?
Deciding to invest in a new roof is something no homeowner takes lightly, so it’s important to understand the financial implications alongside all of the functional advantages. Whether you want your pitched roof replaced or a new rooftop garden installed, there are lots of options to consider.
But is a new roof really the best investment for your home? We find out.
Do new roofs increase house values?
A new roof could add value to your home by making sure it doesn’t decrease in value as your roofing ages. Factors determining whether your new roof improves your existing home value includes the added kerb appeal, improved structural integrity, maintenance involved and energy performance. Older homes in particularly can really benefit from updating their current roofing.
Well-maintained, modern roofing enhances the building’s aesthetics and signals to potential buyers that the home is kept in good condition. A new roof can be a strong selling point, as it’s often an area that buyers worry about, especially if they think there are immediate, costly repairs to deal with.
How much worth does a new roof add to a property?
The true value of any new roofing is based on various factors, like the materials chosen, the standard of the installation and what’s happening with the housing market in your area. Homeowners often see a great return on their investment if the poor state of their roofing had previously been bringing down their house value.
A new roof can also improve a home’s energy efficiency, provide better waterproofing, update tired-looking properties and increase kerb appeal.
How can a new roof save you money?
New roofing can save you the time, stress and financial burden of repair work, especially if you’re starting to see issues like recurring leaks. By investing in a new roof, homeowners can stop these ongoing expenses.
Modern roofing materials and methods also help homes become more energy-efficient,
regulating indoor temperatures better by improving the insulation. You’ll also receive a warranty on materials and labour, giving you better protection from unexpected roofing issues and costs.
Should you replace your roof before selling?
Whether it’s a good idea to replace your roof before you sell your property will depend on several things. You’ll need to look at the condition of your existing roof and the current housing market to understand the benefits of buying a new roof.
If your roof is old and in poor condition, replacing it may be wise rather than dealing with buyers who may pull out of a sale if a survey shows the roof has extensive damage or is at the end of its lifespan. However, it’s best to get a roofer to perform an in-depth inspection so you can determine the best course of action. You may just decide to address any repair needs and ensure the roof is well-maintained for the sale.
Arrange a roof inspection today
Collier Roofing performs roof inspections, repairs and replacements across London and Surrey, including Purley and Redhill. To speak to our team, contact us here.