In need of a new roof? If so, you might be wondering how much it is going to cost you to install a new roof. A new roof definitely has some unique advantages such as a nicer and newer look, improved resale value, and lowering or utility bills. However, there are various things that need to be considered before you make a major decision like replacing your roof.
Here is an overview of everything that you need to know about replacing your roof:
How will a New Roof Affect Your Home?
Most people think of a roof is something that is used to protect the valuables under it but you need to think about the roof in a different manner. If you decide to go for a newer roof with high-tech features such as higher reflection, you will witness a reduction in the cost of utility bills as your home’s insulation improves. If you decide to sell your house with an older and damaged roof, it will negatively affect the estimated value of your home and could be a deal-breaker.
When selling, how much value does a new roof add?
You will definitely see an improvement in the market value of your house once you have replaced the roof. Some reliable surveys estimate that adding a new roof can add up to $12,000 to your house’s selling price. Similar surveys indicate that adding a new roof can return 63% of your investment when you decide to sell.
How much does a new roof cost?
There are several important factors that come into consideration when you decide to get a new roof installed. The main thing is the material that you use for your new roof. If you are on a tighter budget, asphalt shingles are the best option as they cost the lowest. For luxury materials, you can go with tile or slate if you have $1500 per 10 by 10-foot area. The next important thing that determines the cost of your roofing is the size of your roof. The larger roof will of course cost more to replace both in terms of the material and the associated labor. Last but not the least, the steepness of your roof and the obstructions such as vents, skylights, etc also play an important role in determining the overall cost of your roof replacement.
Choose only the best roofing contractor
At Jancon Exteriors, we have years of experience with roofing. We can provide you with the materials as well as our personal honest advice regarding the best option for you. Please feel free to get in touch with us today to learn more.