The roof is an essential component on any building, the element that protects the building’s walls, its interior as well as its foundation against the harmful action of water and the other forces of nature. Roofs are not only very important – they are also very complex and very expensive to install, therefore they are also components that can add and take away home value. While replacing the roof only to increase the home’s value might not be the best idea – in most cases, only around 70% of the price of the new roof can be reasonably incorporated into the sales price, while the value added to the resale price is usually in the 15-40% range –, a sturdy and attractive new roof does, indeed, increase the home’s value, improving the comfort and the safety it offers.
Besides the value increase expressed in the asking price, a well-installed, new roof by Penney Construction can make it easier for the homeowner to sell the property by inspiring trust and by making the property look more attractive. Most buyers are looking for safety and are willing to pay a little extra for a building that will surely not suffer from leaks and other forms of damage coming from the roof any time soon.
First Seen over here: How A New Roof Increases Home Value
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