New roof installation is one of the best home improvement projects you can take on this year. Like vinyl siding or a fresh landscape design, it gives your property an instant facelift and increases its value. Ontario Exteriors has provided premier house siding and new roof installation to residents of the Rochester, NY, area for over 22 years—here, the team explains four ways new roof installation can increase the value of your home. 

4 Financial Benefits of New Roof Installation

1. Secure Return on Investment 

All home improvement projects are an investment, but a new roof is one of the few that mostly pays for itself. In fact, new roof installation offers approximately a 68.8% return on investment—that’s more than a master suite addition or bathroom remodel. It will also increase your home’s appraised worth and market value. 

2. Attract Potential Buyers 

The roof is one of the most noticeable aspects of the home. Prospective buyers may be deterred if it is discolored, worn, or damaged. On the other hand, a new, beautiful roof will significantly enhance the home’s curb appeal. Even an older home can look fresh with a new roof. 

3. Keep It Up to Code 

Before you can list a house for sale, it must be inspected. Severe roof damage is one of the most common reasons for an inspector to block a listing because it can indicate the home is not safe or up to code. By investing in a new roof installation, you’ll ensure your home is ready to go on the market. 

4. Increase Energy Efficiency 

A new roof also improves your home’s energy efficiency by providing better insulation. Energy efficiency is one of the most sought-after features among millennial homebuyers, who make up a significant percentage of the real estate market. An energy-efficient home is also worth more than comparable houses without this attribute. 

Home renovations are the perfect way to enhance the comfort, beauty, and value of your home. If you’re a Monroe County resident, contact the experts at Ontario Exteriors to discuss your next project. In addition to roofing and house siding, they provide a range of additional services, including gutter installation and efficient skylights, windows, and doors. Call (585) 421-0880 or visit their website today.