There are many things that go into increasing the value of a property. Making updates to the inside and outside, painting, and even landscaping can all help increase the value of a home or building. One often-overlooked aspect of property value is the roofing. A good, sturdy roof is crucial to keeping a property in top condition. In this blog post, we will discuss how roofing helps to increase property value and why.
A roof is arguably one of the most important parts of a house. It provides structure, keeps the entire house together, protects the rest of the structure from the elements, and plays a key role in the home's appearance and energy efficiency. When it comes to selling a property, potential buyers will pay close attention to the roof's condition.
If the roof is in poor condition or needs to be replaced, potential buyers may be turned off by the property entirely. On the other hand, if the roof is in good condition, they may be confident that the rest of the house is well-built and well-maintained, therefore, willing to pay more for it.
There are three main factors to consider that can influence the type of roofing you choose to enhance the value of your property.
Condition of your existing roof: If it's in good condition, you may be able to extend its life with a few repairs. However, if it's in poor condition, a complete roof replacement service will be necessary.
Local market trends: Market conditions change the cost of your new roof. The price of materials and labor can fluctuate, so it's important to get quotes from several contractors before making a final decision.
Roofing material type: The roofing material you pick can also affect the price due to the climate you live in or aesthetic considerations. Ultimately, the best roofing material investment for a property is one that strikes the balance between form and function.
Although these numbers depend on the situation and may vary in each particular case, state, city, or neighborhood, a durable roof can increase the value of your real estate.
In fact, according to Remodeling's 2021 Cost VS Value Report, the ROI for asphalt shingle roof replacements was 60.7% and 56.1% for metal roof replacements. This means that getting a new roof can improve the curb appeal of your property and lead to an effective return on your investment down the line.
For this reason, it is no surprise that buyers are willing to pay more for a home with a high-quality roof. As a result, this is a wise move that can pay off in the long run. Whether you're looking to boost your property value or simply want to ensure that your home or business is well-protected, roofing is a smart investment.
Contact Danosa and get a free quote for your roofing project.
A well-insulated and energy-efficient home is not only more comfortable to live in, but also saves you money on your energy bills. Here's where roofing comes in: a properly installed and ventilated roof helps regulate the temperature inside your home, keeping it cooler in the summer and warmer in the winter.
The Office of Energy Efficiency & Renewable Energy (EERE) published a research report conducted by Lawrence Berkeley National Laboratory that states that asphalt shingles with higher solar reflectance [SR] could save up to 50% more energy per unit of roof area. The same goes for asphalt membrane rolls manufactured by Danosa that includes a bituminous base sheet, a tie-layer with a reinforcement material, and a solar heat-reflective upper layer.
This can lead to lower energy bills year-round, as your heating and cooling system won't have to work as hard to maintain a comfortable atmosphere. As energy costs continue to rise, installing a quality roof can have a major impact on your wallet, the environment, and of course, the long-term increase in your property's value.
It's evident that a good roof is essential to any real estate investment. It keeps the weather out and can even add over 60% to the value of your property. If you're in the market for a new roof or need repairs on an existing one, get in touch with Danosa.
At Danosa, we understand the importance of a well-functioning roof and are here to help you with all of your roofing needs – we have over 40 years of experience helping people just like you get the perfect roof for their homes and businesses. Plus, we offer a wide range of products that will fit any budget. Give us a call today for a free quote.
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