How Does Re-Roofing Increase Your Home Value?
For many people, re-roofing a property feels like a significant expense. But considering its benefits, you are better off considering it as an investment. It might require an upfront payment today, but it pays dividends in the future. Research shows that new roofs can generate returns on investment (ROI) of up to 63 percent.
This post discusses some benefits of re-roofing and why you should consider getting it done.
Increases Your Property’s Curb Appeal
New roofs increase your home’s value by increasing its curb appeal, reducing selling time, and increasing its sale price. Buyers want to purchase properties ready to go and don’t require expensive construction work after moving in.
Moreover, when buyers learn that you recently re-roofed your property, it makes them want to move forward with the sale even more. They know it will be many years before worrying about replacing the roof again.
Improves Your Home’s Energy Efficiency
The government expects average Canadian energy prices to shoot up by more than 20.1 percent due to the soaring gas price. However, the average cost of heating a home has been rising for some time, with double-digit increases seen in 2020 and 2021. The average family now pays more than $800 to $1,500 per year to heat their homes.
Fortunately, re-roofing can help homeowners fight back. It fixes holes that let hot air escape and grant access to the latest thermal insulation, further reducing warm air loss.
Protects Your Home From Damage
Roofs can look great, but if they are damaged or have leaks, they can compromise a home’s structural integrity. Even small amounts of water penetration can cause significant property damage and lead to mould growth that is challenging to remove. It can also leave the home vulnerable to pests.
Reroofing is also a great way to protect your home from damage. We recommend getting an inspection immediately to check the structural integrity and estimate the remaining serviceable life of the roof. If you have an old roof, your property is at higher risk.
Old roofs can be extremely dangerous, particularly in storm conditions. Loose or cracked tiles can fall without warning, causing severe injury or death.
Reroofing helps to reduce this hazard by returning the roof to a pristine state. We remove any loose or cracked tiles, replacing them with new tiles that we adequately secure to the underlay.
Re-roofing is always a significant investment, but one that always pays off. Here at Dwight’s Roofing, our philosophy is always to provide exceptional services and treat our customers right. Get in touch with us today to schedule a reroofing and experience the benefits outlined here.