Is A New Roof Improvement Value

One study finds that a new roof is a reasonable investment.

Is a new roof improvement value.

Value report 2019 shares the average price of popular home renovations and the savings such improvements can. When you consider the fact that a single roof leak can cause more than 20 000 in damages replacing the roof is one major home improvement that definitely seems to be worth it. As a general range a new roof can add up to 12 000 to the overall value of your home dependent on a number of factors many of which are listed above. Remodeling s 2019 cost vs.

But the results of the remodeling impact report show that 32 percent of real estate agents said a new roof recently helped them cinch a deal for them. That works out to 68 percent of the investment. At 8 150 or 109 of the original investment. But even if you don t see a huge financial return a new roof can make you more likely to get full asking price lower time on market and smoother negotiations.

Value over time than a common asphalt roof. A new roof will increase curb appeal and the value of your home and can also improve the energy efficiency making your home more comfortable. A new roof can increase home value but you might not see a 100 return on investment very few improvements if any offer a full recoup of money spent. That new roof will increase the home s value by 15 427 on average.