Homeowners are constantly looking for ways to boost the market value of their properties. Anytime you invest money into a home improvement project, you expect a return on your investment when selling your home. One significant improvement that is often overlooked is roof replacement. The question arises, though, if roof replacement in the RGV is worth the expense.
Increase resale value
Roofs have a limited lifespan and are typically due for replacement every 20 to 30 years, depending on the material. Even with proper roof maintenance, there comes a time when ongoing maintenance costs may exceed that of replacement. Beyond the functional benefits, a new roof can increase the value of your property by up to 61.1%.
Replacing a roof before selling can significantly raise your home’s value, as home buyers expect the roof to be in good condition. They may hesitate to buy if any leaks or deterioration are visible. With their expertise in property valuation, a real estate agent will recognize the signs of deterioration or need for repair and value your property accordingly.
The appraiser will also consider the roof’s condition when appraising the property. According to the Texas Real Estate Research Center, replacing roofs and windows is high on the winning list of home improvements and can return up to 80% or more at resale. Moreover, in Texas, it is a legal requirement to complete a seller disclosure before or on the date of the sale, disclosing any past or present structural or hazardous conditions of a house.
Enhance curb appeal
A new roof provides functional benefits and drastically improves the visual attractiveness of your home from the street. In the RGV, where architectural styles vary from Spanish and Mexican to mid-century modern to contemporary 21st-century, a new roof can enhance the visual appeal of a home, making it more attractive to potential buyers. According to NARI (National Association of the Remodeling Industry), your roof makes up 40% of the visual space of the exterior of your home. The best investment to increase the home’s value is improving the curb appeal. When considering boosting your home’s curb appeal, the best thing to do is consult with professional roofers to discuss materials that would enhance that.
Improving energy efficiency
Scorching summers and mild winters in the RGV make energy efficiency a top priority. A new roof will make the components and ventilation more efficient as manufacturers use newer technology and energy-efficient materials. A reflective roof can reduce air conditioning costs by up to 20% during peak summer months. Many homeowners in the RGV opt for cool roof technologies and solar reflective shingles. As experts in installing energy-efficient systems, Frontline Home Solutions can help you choose the most efficient roofing material.
No more roofing repairs
The unique climate in the RGV subject roofs to intense heat, occasional storms, and high humidity, which leads to considerable wear and tear. Regular maintenance costs can accumulate over time, as well as the cost of damage caused by frequent leaks. Even though repairs might be less than the cost of a roof replacement, the condition and age of the roof will determine whether the roof should be replaced. If the repair costs are around 30%, the roof should instead be replaced.
Financial benefits
The upfront costs for a roof replacement may seem excessive, but the long-term benefits outweigh the initial investment. Homes with recently replaced roofs showed an increase in market value. Furthermore, with an emphasis on energy efficiency and sustainability, a new roof will contribute to savings.
The final answer
The evidence of value added to your house with a roof replacement speaks for itself.
Frontline Home Solutions can help you decide on roof replacement with a complimentary roof inspection. As local markets in the RGV continue to favor property appreciation and sustainability, roof replacements remain a strategic home improvement initiative to boost property value in the RGV.
