February 2021 - Roofing Return on Investment

A new roof is an important investment for any home. A study by Remodeling found that the average American homeowner spends $22,636 on a new asphalt shingle roof of midrange quality which will provide them with about 68% return after they sell their house in 6 years or so. That’s because one thousand dollars spent now could be worth up to twenty-two thousand more when you decide to list your home!

109% - I repeat that 109% ROI

In some cases, it makes sense to invest in a new roof. A study by the National Association of the Remodeling Industry (NARI) found that investing in a new roof provides an average return on investment of 109 percent--which means you could make money with your remodel! The three factors homeowners should consider before making this major decision are: 1) Their home's condition 2), current housing market conditions 3). Though buying and installing a brand-new steel or asphalt shingle is typically worth it for most homeowners, if you're already considering re-roofing because one side needs replacing due to age, hail damage from recent storms or other reasons like leaks around skylights or chimneys then there might not be much