A new roof not only improves the appearance and function of the property, but it can also greatly aid in its resale value down the road. While an aging roof may deter prospective buyers, a replacement will significantly boost curb appeal, thereby drawing them in. The following guide outlines just a few more ways a new roof can impact a seller’s prospects. 

New Roofs & Property Value 

New roofs significantly aid in the curb appeal of a property, experts say. If the property’s external appearance is contemporary, attractive, and well-maintained, prospective buyers are much more likely to step inside and take a closer look. On the other hand, those looking to purchase a home tend to avoid properties that visibly require maintenance, including roofing repairs or an impending replacement.   

According to researchers, homeowners can reap the majority of roof installation expenditures back upon the sale of the property. One report found that a new roof at a price of about $14,000 boosts property value by $10,500. Another study found that on average, a new roof increases a home’s value by $12,000.

The Types of Roofs That Sell

Prospective buyers want contemporary, attractive roofs equipped with energy-efficient features. Asphalt shingles remain the most popular option on the market and possess a number of textured, attractive options. Homeowners are also likely to purchase homes with ENERGY STAR®-rated roofs, which promote energy efficiency and can result in significant savings on heating and cooling costs over time. Features like heavy-duty insulation and UV-reflective technology, in particular, may compel today’s average buyer.

To bolster your property’s value, function, and appearance, consult the experts from Comia Home Builders, Inc. in O’Fallon, MO. Since 2001, the locally owned and operated team has provided the highest standard of custom home design and building services across St. Charles and St. Louis counties. The team specializes in structural repairs, is a certified Shingle Master with CertainTeed®, and is happy to advocate for clients’ insurance claims. To learn more about the local business, visit the website or call a helpful professional today at (314) 575-0521.