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How much does a new roof increase home value?

Freedom Contracting Team • January 7, 2022

Increase your home value by replacing your roof.

When a homeowner begins to think about increasing the value of their home they don’t always move to a new roof. They think about remodeling the kitchen or bathroom. In fact most blogs will tell people that a bathroom remodel is the fastest way to increase your value and sell your home quicker. All of those statements are true but many people forget one aspect of their home that will lower buyer stress - a new roof. One of the most discussed and obvious parts of a home is the roof. Upon driving up the buyer will immediately notice if the roof is new or not, especially if the roof needs work. So the question is “How much does a new roof increase home value?” and the answer comes from a recent research article. The Value Report states that a new roof will increase the value 40% - 60%. That is a huge increase and something every homeowner should seriously consider.

Besides the fact that a new roof increases the value of your home it also provides an improvement of curb appeal. Every new home buyer loves realizing that the house they love has a brand new roof, especially first time home buyers. Not only do potential buyers love it but it simply improves the overall look and feel of your home. Are you planning to never move? Then a new roof provides you with the calm confidence of knowing you won’t have to worry about any serious leaks or water damage.

One more aspect of roof replacement to consider is how much of the installation cost will the homeowner recover in a sale? It's an important question to consider when discussing roof replacement that does not involve insurance coverage. Many homeowners have no idea that they can receive an insurance covered roof now. They probably have enough damage where they can file a claim and pay a fraction of what it costs out of pocket. Even if a homeowner replaces their roof out of pocket they can expect to recoup over 65% of the cost. It's a very worthy expense especially if the homeowner needs to sell their house quickly.

Some rental property owners ask us what type of asset is a new roof? We love telling them that it is considered a capital improvement. Which means it is subject to depreciation. This is another way that a rental property owner can benefit from replacing their roof at the appropriate time.

No matter if you are considering buying a new roof for peace of mind or increasing home value Freedom Contracting is the company to call. We understand the needs of our clients and will make sure you are happy when the job is complete. Call us now to see if you qualify to file an insurance claim. No claim, no obligation!

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Signs Your Roof Needs Attention: A Guide by Freedom Contracting

By Brian Hoffman • August 20, 2024

Your roof is more than just a covering for your home; it's a shield against the elements, a guardian of your family's comfort. But like any part of your house, your roof can suffer from wear and tear over time, and sometimes, it may need more than just a simple repair. If you live in Bowling Green, KY, or the surrounding areas, and suspect that your roof might be in trouble, Freedom Contracting is here to help you understand the signs and guide you toward the best solution. How Do I Know If My Roof Is Damaged? It's a question many homeowners ask themselves, especially after a severe storm or when they start noticing unusual signs inside their house. Here are some common indicators that your roof might need a closer look: Missing or Damaged Shingles: This is one of the most obvious signs of roof damage. Take a look at your roof from the ground or, if safe, from a ladder. Are there any shingles that are missing, cracked, curled, or buckled? These can all allow water to seep into your roof deck and cause further problems. Leaks or Water Stains: Check your ceilings and attic for any signs of water stains, discoloration, or even active leaks. These are often a clear indication that your roof is compromised and needs attention. Sagging Roof: If you notice that your roofline is no longer straight or that there are areas that seem to be dipping or sagging, this could be a sign of structural damage to your roof. This is a serious issue that needs immediate attention from a professional. Granule Loss: Asphalt shingles shed granules naturally over time, but excessive granule loss can be a sign that your roof is nearing the end of its lifespan. Look for granules accumulating in your gutters or downspouts, or check for bald spots on your shingles. Moss or Algae Growth: While moss and algae might seem harmless, they can actually trap moisture against your roof, leading to damage over time. If you see extensive growth, it's a good idea to have your roof inspected and cleaned. Age: Even if you don't see any obvious signs of damage, the age of your roof is an important factor to consider. Most asphalt shingle roofs last around 20-25 years. If your roof is approaching or exceeding this age, it's wise to have it inspected to assess its condition and plan for a possible replacement. When to Consider Roof Replacement While some roof issues can be addressed with repairs, there are times when a complete roof replacement is the more sensible and cost-effective option. Here are some scenarios where roof replacement might be the best course of action: Extensive Damage: If your roof has suffered significant damage from a storm, fire, or other event, it might be more practical and economical to replace the entire roof rather than attempting multiple repairs. Age and Deterioration: As mentioned earlier, roofs have a limited lifespan. If your roof is nearing or exceeding its expected lifespan and showing signs of widespread wear and tear, a replacement can provide better protection and peace of mind. Improved Energy Efficiency: Modern roofing materials and techniques can offer improved energy efficiency, helping you save on heating and cooling costs. If you're looking to make your home more energy-efficient, a roof replacement can be a worthwhile investment. Increased Home Value: A new roof can significantly enhance your home's curb appeal and resale value. If you're planning to sell your home in the near future, a roof replacement can be a smart move. Why Choose Freedom Contracting for Your Roof Replacement At Freedom Contracting , we understand that your roof is a vital part of your home, and we're committed to providing top-quality roofing services to the residents of Bowling Green, KY. Here's why you should choose us for your roof replacement project: Experienced Professionals: Our team of roofing experts has years of experience in the industry, and we're dedicated to delivering exceptional workmanship on every project. Quality Materials: We use only the highest quality roofing materials from trusted manufacturers, ensuring that your new roof will be durable, long-lasting, and beautiful. Customer Satisfaction: We prioritize your satisfaction and strive to exceed your expectations at every step of the process. From the initial consultation to the final cleanup, we'll ensure that your roofing experience is smooth and stress-free. Free Inspections and Estimates: We offer free roof inspections and estimates, so you can get a clear understanding of your roof's condition and the cost of a replacement without any obligation. Don't wait until a minor roof issue turns into a major problem. If you suspect that your roof might need attention, contact Freedom Contracting today for a free inspection and estimate. We'll help you assess your roof's condition and recommend the best course of action to protect your home and your family. Visit our website at www.freedomcontracting.us or call us to schedule your free roof inspection today. Remember, a well-maintained roof is an investment in your home's value, comfort, and safety. Trust Freedom Contracting to provide you with the expert roofing services you deserve.