The addition of any new roof to your home will increase its value, but if you’re looking to sell, you may want to choose a metal roof. Metal roofs are quickly becoming the roofing trend of the future and enticing sellers. In addition to increasing the home’s value, metal roofs can significantly improve curb appeal by creating a more luxurious-looking home.
Do Metal Roofs Improve Home Value?
Some studies have shown metal roofs to increase home value by 1% to 6%. It’s also common for homeowners to recoup up to 70% of the roof’s cost during a home sale. For example, if your roof cost $10,000, $7,000 of that could potentially be recouped during the sale. Compared with shingled asphalt roofs, the return on investment from metal roofs is much higher.
Choosing the Right Metal Roof for Home Value
If you are looking to replace your roof and sell your home, choose your new roof carefully. Choose a roof color that is not trendy but complements the colors of your home. Added texture can also be appealing for home buyers. A metal roof is a large investment, so don’t choose this time to make a statement with bold or bright colors. Stay traditional and try to imagine what styles home buyers will find attractive.
The Process of Selling Your Home
Your realtor should highlight the new metal roof in the listing. If this is left out, be sure to add it. You and your realtor can also help sell the benefits of a metal roof, including long life, low maintenance costs, and energy efficiency. Homebuyers who don’t know the advantages of a metal roofs won’t be willing to pay you for their worth. Many metal roofs come with a 50-year transferable warranty, which can also be a perk for buyers.
Making the Decision
If you’re not looking to sell your home anytime soon, metal roofs are still a good option. The roofs are extremely energy efficient and can save money on utility bills. Metal roofs reflect the sun’s heat away from your home, lowering air conditioning costs. If you live in a hot climate, this is a huge benefit. Although metal roofs will cost more upfront than shingled roofs, the return on investment is always higher. While shingled roofs last from 15 to 30 years, most metal roofs will last 30 to 70. Metal roofs won’t chip or fade, and high winds won’t damage them. All these factors contribute to the lower overall cost of metal.