As your home ages, you will almost certainly one day be faced with having to do something with your roof. New roofs can be quite an investment. Because of the cost, you will certainly be asking yourself one key question. Is a new roof a good investment for Maryland homeowners? Simply put… yes. But we know you want more information than that! Here are a few reasons why.
Cost vs. Value
Remodeling Magazine conducts a survey comparing return on investment for a wide range of home improvement projects every year. According to the most recent 2020 survey, homeowners in Maryland can expect to see a $15,000 increase in home resale value with a new roof. That translates to a whopping 68% of the installation cost recouped! These numbers put a new roof installation ahead of other home improvements like bathroom remodels, kitchen remodels, and even deck additions.
Everyone wants their home to look the best it can. As your roof ages, the colors can fade. You may also start to notice dark patches where asphalt granules have begun to wear away. Your roof is a great place to start enhancing your home’s exterior look. Today’s architectural asphalt shingles come in a wide range of colors that are truly impressive. Almost any look can be achieved and will make your home look stunning. This is particularly important if you are planning on selling your home.
Standard shingle warranties in the past have ranged from 15-20 years. As manufacturing methods have improved, so have the warranties provided with new roofs. Premium quality asphalt shingles today can carry warranties as long as 50 years! You can rest assured your investment will be covered for years to come.
Believe it or not, many of today’s asphalt shingles are Energy Star rated. They are specifically designed to reflect solar heat, thus reducing your cooling costs. New shingles can also help reduce heating bills as they help to retain heat inside the home.
Avoid Potential Building Inspection Issues
This may not sound like the thing to do, but replacing a roof when preparing to sell your home is a good idea. The roof is one of the most visible parts of your home, not only to potential buyers, but to appraisers and home inspectors as well. A roof in poor condition can derail a potential home sale quickly.
A new roof is a considerable investment no matter what the reason. That’s why it’s best to hire a local trusted roofing company. You should take the time to gather and review several quotes from roofing contractors. Don’t settle for the cheapest. Consider warranties and reputation before making your final decision. Bealing Roofing and Exteriors is a locally trusted roofing company in Maryland. Contact us today for a no-pressure quote!