The Dollar Value Of Roof Replacements
Tuesday, February 10th, 2009A roof replacement represents a serious investment for homeowners. Typically costing between $12,000 to $20,000, depending on where you live, they should take a huge chunk of your renovation budget. Rightly so, since a home’s roofing affects some of the most crucial factors that determine its overall value.
Energy Efficiency
Your roof works much like the lid of a cooking pot. If your lid is improperly placed or has damages (like holes or cracks), your heat will literally be going through the roof.
As homeowners, most of us are aware of the potential energy benefits we can derive from windows and doors. What we rarely hear about are the energy savings we can glean from improving our roof’s energy efficiency. In fact, for many older homes, a roof replacement will be just what the doctor ordered to keep your home warm at lesser costs during the winter months.
More energy-efficient roofs means tons of savings in your monthly utility expenses - and that amount adds up over its many years of use.
While a roof’s aesthetic impact is usually subtle, it’s appearance affects people’s overall impression in more overt ways than you probably imagined. According to one survey of realtors around the U.S., as much as 40% of a home’s curb appeal is dependent on the type of roofing units installed.
Curb appeal is often what pushes a home’s market value to shoot up during appraisal. Good roof replacements should let you sell your home for much more than if you choose to skimp on it.
