When it comes to increasing the value of your home, replacing your roof is one of the best investments you can make. According to a report, installing a new roof can add an estimated 63 percent of the installation cost to the appraisal value. However, not all roofing materials are created equal. Metal roofs, while more expensive than asphalt shingles, add a smaller percentage of their value to an appraisal.
Before choosing the color of your roof, it's essential that you evaluate the structure and color of your home. Today's roofing materials come in a variety of textures and colors, giving homeowners the opportunity to better complement their siding and gardens. These colors tend to remain in fashion over time, as do roofs, which include shingles that are mixed with different color combinations of brown, black and gray. If you're not sure about the current condition of your roof, request a professional roof inspection and start from there.
If you know that you are going to sell your house in the future, a new roof now allows you to take advantage of both short and long-term benefits. A lighter colored roof will help reflect heat in warmer areas, while in colder regions, a dark roof will help absorb heat and keep the house warm. When it comes to renovations that increase the value of a home, replacing the roof is one of the best investments you can make. According to a report, installing a new roof can add an estimated 68 to 109 percent of its cost to the appraisal value.
This is a bigger increase than replacing asphalt shingles, with an estimated return on investment of 54.8%. Believe it or not, the color of your roof (among other things) will play an important role in its potential value. Some homebuyers must complete a roofing certification and may not be able to purchase a home with shingles that are too old or roofs in less than ideal conditions. If you've decided that a new roof is a good investment for you, you should spend some time thinking about which shingles will give you the best performance.