What is the Best Roof to Increase Home Value?

The roof is an area that often gets overlooked when people consider increasing the value of a home. However, a well-maintain and attractive roof not only enhances your home’s curb appeal but also ensures the ultimate protection for your home.

Upgrading your roof can be a very smart decision if you want to boost your home value, as long as you choose the right roof type. To help you with that, I have presented you with some of the best roof types in that article that can increase your home’s overall value.

Best Roofs in The Market That Really Increase Home Value

Asphalt Shingle Roofs

It’s safe to say asphalt shingles are the most common as well as widely-used roofing material; thanks to their affordability, versatility, and ease of installation. You will get them in different colors, styles, and textures. Asphalt shingles have a lifespan of around 20 to 30 years, and they are relatively low maintenance. If you invest in high-quality asphalt shingles, it can give a significant boost to your home value while ensuring a durable and cost-effective performance.

By replacing your existing roof with new asphalt shingles, you can increase your home value significantly. A successful project can offer you a return on investment of 50-70%.

Metal Roofing

Thanks to their durability, sleek appearance, and energy efficiency, metal roofs have gained wide popularity in recent days. Especially, in places where the summer is typically hot and humid, metal roofing seems to have a higher demand as they help to minimize cooling costs.

Being made from materials like copper, steel, or copper, metal roofs can offer exceptional longevity. Often, you will find them to serve for 50 years or more. They offer perfect protection against harsh weather conditions, and they are highly resistant to fire, insects, etc. The energy-saving property helps you to save more on cooling and heating costs.

By installing a new metal roof, you can expect around 75-86% return on investment. While you need to pay a lot more for the installation compared to asphalt roofs, the home value increase makes the investment worthwhile and reasonable.

Slate Roofing

Slate roofs are a highly sought-after option for high-end homes. They generally have a lifespan of 75-100 years, which makes you realize how durable they can be. Slate roofing shows great resistance against mold, pests, and fire.

The exclusive beauty of slate, combined with its exceptional durability, can increase your home value significantly. A successful project can offer you an ROI of up to 85%.

However, it is important to remember that slate roofing is one of the most expensive roofing options. You need to spend around $16 to $28 per square foot if you want to install slate tiles on a single-family home. So, for a 25,000 square feet roof, you would need to spend around $40,000 to $70,000 overall.

Tile Roofing

Tile roofs have this timeless beauty and appeal that attracts everyone. You can avail them in various materials including clay, concrete, and even terracotta. They offer you a wide range of colors and styles to choose from.

Not only that, this durable roofing material is resistant to rot, fire, and insect damage. Their top-notch insulation properties contribute to energy efficiency and help you to cut utility costs.

Thanks to durability and aesthetic appeal, tile roofing can offer you an ROI of 60-80%. If you can install and maintain the tile roofing properly, it can offer you a great service for 50 years or more.

How Much A Roof Can Increase a Home’s Value

The extent to which a roof can add to a home’s value depends on a number of factors, including property type, location, and the overall condition of the home. However, in most cases, a new roof can increase a home’s value by 60-68%. If I talk about the national average, a new roof can increase a home’s value by $12000.

The impact of different roofing materials can be different in terms of location. For example, in cities like Dallas, Denver, Minneapolis, etc., flippers often replace the existing roofs with new asphalt shingle roofs to sell homes at a higher price.

The affordability and versatility of asphalt shingle roofs make them a perfect match for the diverse weather conditions and architectural styles in these areas. On the other hand, you will find higher demand for metal roofing in Phoenix, Austin, and Union SC homes.

As metal roofing offers a good level of energy efficiency and helps to reduce cooling costs, homes with metal roofing experience higher demand and higher home value in these areas.

Just two months ago, a savvy real estate investor listed a beautifully renovated home in the Union area at a significantly higher price—0,000 more than other houses in the same neighborhood. Remarkably, the decision to replace the shingle roof with a sleek metal roof proved to be a game-changer, as it resulted in an extra profit of $30,000 for the investor.

I hope that our article has helped you to know more about different kinds of roofing options. However, when you are searching for the best roof to increase your home value, you must consider the climate of your area, the architectural style of your home, your budget, and local market preferences. If you can do things right and maintain the roof well, it will not only increase your home value but also offer you priceless peace of mind and protection.