Have you been considering exterior remodeling projects that could add value to your home? If so, then you have certainly considered a new roof—yet you may still be left with unanswered questions.
In this blog, we will discuss the benefits of a new roof and ROI. But before we do that, we thought you might want to know more about us.
Since 1986, Kearns Brothers has been a top roofing company in Michigan, offering comprehensive solutions. Over time, we have become known as the most comprehensive remodeler in Michigan. From this, we have earned awards and accolades like an A+ rating from the BBB, status as a GAF Master Elite Contractor, and more.
Roof Replacement ROI in Michigan
First and foremost is your return on investment. As roof replacement is not cheap, it is important to set your sights on the future, knowing the payoff. According to the Remodeling Impact Report from the National Association of Realtors, an asphalt shingle roof replacement can net 100% ROI for homeowners.
Does Roof Replacement Add Value to Your Home?
In short, the answer is yes. Not only will it make your home more efficient, but it will also enhance curb appeal.
Is a New Roof a Good Investment?
When it comes to adding value to your home, roof replacement is one of the best investments that you can make. Depending on the type of roofing material, your roof could last 20 years to 50 years.
A new roof has many benefits. Some of the reasons are:
Improved energy efficiency
Saves money over the course of time
Added home value
Improved and up-to-date roofing system
Should I Replace My Roof Before Selling My Home?
If your roof is nearing the 25-year mark, then you should replace it before selling. Replacing your existing roof is a great selling point when you decide to sell your house. This will allow you to raise the listing price of your home. Also, your realtor may strongly suggest you complete the replacement before listing. Thirty-three percent of realtors recommend completing a roof replacement before selling your home.
Transferrable Roof Warranty
If you are planning on selling, and have recently replaced the roof, then you may be able to transfer the warranty to the next owner, giving them the added benefit of protection. If you have not replaced your roof but plan to sell your home be sure to find a roofing contractor that offers a transferable roof warranty. Delivering the peace of mind of an expertly installed roof to a new homeowner is a great selling proposition.
Home Improvement Projects With A Great ROI
While your roof may not need repairing or replacing, there are other home improvement projects that can have a strong ROI. Before undertaking any of these projects, Kearns Brothers urges homeowners to weigh the pros and cons, average cost of the project and if it makes sense for their home at this moment.
Replacing Your Front Door (steel and fiberglass)- Your front door can really sell the entrance of your home. Adding a new front door can really tie in with the architectural style of your home; from ornate Victorian to mid-century modern. A new door can elevate your home visually. Adding a new door can provide 60-63% ROI and scores a 9.6 out of 10 on the joy scale.
Garage Door Replacement- Speaking of doors, a garage door replacement carries a strong ROI of 100%. Garage doors can become worn, faded, dinged, and dented. Replacing your garage door immediately enhances the curb appeal of your home.
Update Your Windows (vinyl and wood)- Windows can last a long time when maintained properly. When it is time to replace your windows, you may notice moisture between panes or draftiness. Not only does replacing your windows make your home look beautiful and improve energy efficiency, but homeowners can also count on an ROI of 67% and 63% respectively with vinyl or wood window replacement. Additionally, adding new windows brings homeowners a high amount of joy at 9.6 out of 10.
New Siding (vinyl and fiber cement) - Over time, siding can fade, sustain animal, and storm damage. Updating your siding will provide an immediate switch in curb appeal of your home. Vinyl siding and fiber cement come in countless textures- from wood grain to plank and more. While changing the exterior of your home sounds great, what kind of ROI can Michigan homeowners expect? A whopping 82% (vinyl) and 86% (fiber cement) ROI.
Painting the Exterior- If your siding is in good condition (and a paintable material), homeowners can spruce up the exterior with a fresh coat of paint. While tracking the ROI for painting the outside of your home is difficult due to size differences, difficulty of the project, and more. The joy factor of getting a fresh coat of paint scores high at 9.8 out of 10.
Call Our Team Today
When you need a roofing company in Michigan that you can count on, you will want to work with the team of experts at Kearns Brothers. For over two decades, we have been the top name, offering roof replacement solutions that give you great ROI. Give us a call today or fill out the online form for your free, no-obligation estimate.
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