A new roof can increase home value but you might not see a 100 return on investment very few improvements if any offer a full recoup of money spent.
Is a new roof improvement value.
But the results of the remodeling impact report show that 32 percent of real estate agents said a new roof recently helped them cinch a deal for them.
That new roof will increase the home s value by 15 427 on average.
At 8 150 or 109 of the original investment.
Value over time than a common asphalt roof.
The average cost of a new roof comes in at 7 500 and the boost to value resulting from the new roof comes in even higher.
One study finds that a new roof is a reasonable investment.
Remodeling magazine s cost vs.
A new roof will increase curb appeal and the value of your home and can also improve the energy efficiency making your home more comfortable.
When you consider the fact that a single roof leak can cause more than 20 000 in damages replacing the roof is one major home improvement that definitely seems to be worth it.
That works out to 68 percent of the investment.
Remodeling s 2019 cost vs.
As a general range a new roof can add up to 12 000 to the overall value of your home dependent on a number of factors many of which are listed above.