A Roof Renovation is an Investment in Your Home's Future
Author: Lee Polevoi | February 13, 2023
Roofing trends come and go, but one element remains constant: Taking care of your roof now can enhance the long-term value of your home, and can help if you decide to sell the house down the road. The decision to either repair a damaged roof or opt for roof renovation is more urgent if a recession may be imminent.
Is it possible to "recession-proof" your home? How does making upfront investments now protect your home's value in the long run? As roofing trends go, none may be more vital than ensuring your home keeps (or increases) its value in the years to come.
Your Roof Is a Long-Term Investment
Roofs are designed to last a long time — 20, 50 or even 100 years depending on the material. At the same time, a roof can undergo considerable wear and tear from weather and other factors. Ignoring small problems like cracked shingles or damaged gutters may not seem like a big deal, but letting things go can affect a roof's life span.
Roof disrepair can also affect the rest of the house. Leaks in the roof risk letting rain or snow into your home, potentially causing structural and cosmetic issues from water damage. A roof in need of repair may allow in cold air, which can result in high heating bills and mold from built-up moisture. On the other hand, prompt attention to small problems can forestall bigger (and more costly) renovations down the road.
Increasing Your Curb Appeal in Any Economy
You may not think about selling your house now, but it's a good idea to protect the investment you already have. As HGTV points out, "It's never too early to start thinking about what the house will be worth five, 15 or even 30 years from now."
Homeowners looking to sell hear a lot about the value of curb appeal. A crucial part of a home's attractiveness is how the roof looks to potential buyers. A roof with missing shingles or damaged flashing can make a home look like a derelict fixer-upper, whereas a new roof (or a newly repaired one) caps a home that looks snug and well maintained.
Plus, when a prospective buyer sees a new or newly repaired roof, they immediately see all the money they won't have to spend in this area. That can be a powerful factor in their ultimate decision to bid on your home.
Take a look at your roof through the eyes of a potential buyer. Does the roof look sturdy, or does it appear worn and tired? What can you do in the short term that will significantly enhance the perceived value of your home later on? If this is a legitimate concern, now's a good time to reach out to a professional roofing contractor to get a better idea of the roof renovation work that might be ahead of you.
Taking action to enhance the performance and visual appeal of your roof also means you and your family will reap the benefits sooner rather than later. A strong roof is a requirement for a safe, energy-efficient home whether or not you decide to put the house on the market anytime soon.