First and foremost, a new roof pays you back by providing a safe, dry place to live.

If your residence has an older roof or you suspect the roof is damaged, an inspection can identify existing or potential problems. Issues that will require attention include:

• Leaks
• Cracked shingles
• Sagging areas of roofing
• Lost granules or chunks on the ground or in gutters
• Wintertime ice dams
• Buckling shingles
• Recent apparent damage from hail and wind

If you discover damages, the severity of the problem will dictate whether you can make repairs or whether a new roof is a more suitable option.

Increase Curb Appeal

A new roof increases the visual and curb appeal, which also raises home resale value. Whether you have plans to stay in your home for a while or you’re thinking about selling in the future, a new roof makes your home more marketable.

Not only does this directly impact the home itself, it positively impacts the surrounding neighborhood. When everyone invests in their home, they’re investing in their community as well.

Everyone prefers to live in an attractive neighborhood!

Increase Market Value

Well-kept and upgraded homes in desirable neighborhoods move quickly. This demand helps drive up asking prices, which is favorable for sellers. That’s why many people make strategic cosmetic upgrades before listing. A new roof will attract attention and higher offers significantly when the interior of the underlying home is also upgraded and modern.

Tax Incentives

Installing a new residential roof could reap additional benefits of residential energy credits, tax incentives, or energy rebates from State or Federal agencies.

If your home supports it, strategically adding solar panels can help offset energy costs and qualify you for more credits and incentives.

Newer or Improved Older Houses Move Fast

Dumpy houses sit on the market for a long time. During that period, newer and well cared for older homes kept selling. The difference in how long it takes pays dramatic testimony to how powerful the attraction of not having to fix a house you paid for is to most homebuyers. Who can blame them? They’re taking on a large loan to buy a home and after that, expecting them to perform an endless series of improvement projects is daunting.

Improve Your Home’s Value To Avoid a Low Offer Price

Ultimately, all home improvements are to boost the asking price. Homeowners are aware that they can’t sell a rundown shack for the same price as peak properties. They will have to invest some money to ensure the place will at least interest some. The roof is a focal point for buyers and is an ideal place to start when it comes to driving up the value. Leaky roofs cause untold damage, and few people will purchase a structure with visible water damage.

No one wants to inherit headaches and deal with neglected structural issues unless they’re getting a massive discount. That’s why people with roofs that need work are better off upgrading before attempting to sell. That way, they can get a better deal rather than haggling with flippers and others who will do the work and resell at a higher price.

In an attractive interest-rate environment, coupled with an in-demand home sales market, investing in new roofs is a top way to extract the most value. Buyers seek new features and the least amount of extra expenses, especially when they pay top dollar for a dwelling. By giving them what they want, you ensure a faster sale at a higher price. You also receive all the benefits of new roofing while you live there.

However, investing in roof upgrades and repairs shows a positive ROI for homeowners because they’re crucial to the occupants’ overall environmental safety and security. If you can finance the improvement and your area is desirable for new buyers, a new roof can be one of the best moves possible.