Is Old Roof Good Investment

While a new roof can be expensive it might be worth it when you consider the negative impact your current roof could have on your sale.

Is old roof good investment.

The benefits of metal roofing have gotten a lot of press in recent years. Replacing your ordinary roof with a premium roof can be a good investment prior to a sale particularly if you are in a neighborhood surrounded by homes with higher end roofs. A few cracked shingles may not deter most buyers but if your entire roof is in poor condition you ll want to take care of it before listing. If you re trying to sell a house with an old roof or a very damaged roof replacement is a more secure investment.

Once installed you may need to hose off roofing now and then to keep it looking good. You ll turn away many buyers with such a roof and those who are still interested may expect a discount for the cost of roof replacement anyway. But don t go overboard. In fact in many cases a new roof will deliver a greater return than the initial investment.

The truth is while a new roof can be a costly upfront investment the benefits far outweigh the initial cost and the return on the investment is usually more than worth it. But if you live in a moderate neighborhood it s not likely that a new superior roof will get your investment back on the sale price. Also it may be legally necessary to replace a roof that is in poor condition. Whether you re reimbursed partially fully or not at all depends on your policy so check with your insurance company if you experience any damage.

Hardwood floor refinishing recovers 100 percent of project costs upon resale new wood flooring recovers 91 percent of costs and both add to a home s wow factor. A 20 year old roof or older might only result in an insurer reimbursing you for what an older roof is worth at the time of the damage after decades of wear and tear. Roi of a new roof. Modern families spend most of their time in the kitchen and so an investment to improve the look and functionality of this popular room is typically a good one.

But everyone knows too that a metal roof is a higher investment than the old technology asphalt and fiberglass shingles. A metal roof is still worth the investment in this case because a good chunk of what you pay for the roof can be recouped at resale. Buy good quality appliances and solid kitchen cabinets. Your home s exterior is the first thing a buyer sees and your roof is part of that crucial first impression.

A metal roof must be installed correctly.