Is A New Roof Improvement Value
One study finds that a new roof is a reasonable investment.
Is a new roof improvement value. Remodeling magazine s cost vs. At 8 150 or 109 of the original investment. Value report 2019 shares the average price of popular home renovations and the savings such improvements can. 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.
Remodeling s 2019 cost vs. Value over time than a common asphalt roof. 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. Value report found that the average american homeowner spends 22 636 on a new asphalt shingle roof of midrange quality.
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. 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. 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 works out to 68 percent of the investment.