How to Increase the Resale Value of Your Home

With 40 years of experience supplying custom roofing solutions to discerning homeowners, we’re often asked, “Does replacing the roof increase the resale value of your home?” Of course, we’re not in the real estate business, but because we regularly observe both the satisfaction to homeowners and the value to properties that new roofs bring, we feel we’re in a unique position to objectively answer that question.

What’s so interesting is that, when looking at the reports and factors concerning the value of a new roof, the multiple reasons for a high return on your investment are both timeless and cutting-edge. From increasing the time-honored curb appeal of a home to alleviating energy loss and UV penetration through modern roofing materials, there's typically a host of reasons why a new roof can positively impact the resale value of any property.

Let’s take a closer look at some of the most valued reasons why putting a new roof on your house is such a smart investment.

Recovered Costs

According to a remodeling and home improvement report conducted by the National Association of REALTORS®, of all repairs to increase the resale value of your home, a new roof scored number one. Remarkably, while other reports estimate the average return on investment for a new roof to be somewhere between 70 and 75 percent, this report found that a $7,600 investment in a new roof recovered 105 percent of its cost upon resale.

Naturally, every home’s value, like its resale price, is defined by a fairly unique set of circumstances. Plus, any report’s numbers should be looked at as merely a rough indicator of market trends and not a guarantee of a specific ROI. However, even when compared to homeowners’ satisfaction of other remodeling projects, a new roof also came out on top.

Aesthetic Improvement

We’ve all heard about curb appeal, but what does it actually mean when it comes to a home’s roof influencing the potential buyers of a home? The term as it relates to a home’s roof means that any signs of a roof aging — or, worse, being in dire need of repair — could potentially scare away prospective buyers. At the very least, it might cause them to think about how much any repairs would cost them and, therefore, make an offer that reflects incurring those expenses.

On the other hand, when buyers see a new roof adding to the aesthetics of a home, they are immediately given the impression that the entire property is well-maintained. As a result, they’re far more likely to make offers that match or, in some competitive markets, even exceed the asking price.

Improved Health of Home and Residents

Issues with mold growth and trapped dampness can cause a plethora of problems with any structure’s integrity, as well as to the health of those who live there. Even the Centers for Disease Control and Prevention lists the prompt repairing or replacing of an old, damaged or leaking roof as one of the biggest controllable factors in bringing down the risk of poor air quality through mold growth in homes.

And since we all know how breathing issues such as asthma can be aggravated by mold and prolonged dampness, seeing a new roof on a prospective property can be a big plus in terms of safety for informed homebuyers.

Reduced Sale Time

Let’s face it — anything that can prevent a home from spending a prolonged amount of time on the market is an important advantage. Smart homebuyers know that a home that’s been on the market for too long usually indicates there’s a problem either with the asking price or some structural feature. On the other hand, if a home has a new roof, then there’s already an indication that there won’t be any roofing inspection issues to hold up its sale.

And the quicker your home sells, the fewer overall fees you’ll wind up being hit with from advertising, marketing campaigns and other time-sensitive realtor fees.

Increased Energy Efficiency

Did you know that a metal roof can help reduce heating and air conditioning bills by as much as 25 percent? And that’s just the benefit of one type of roofing material! What this means for families looking to buy a house is that, depending on the type of material a roof is made of, there’s the potential for significant savings.

It also means more comfort and protection throughout the year, as increased reflection of solar rays and more efficient insulation can all be supported by a new, well-installed roof. It’s also good to know (and attractive to homebuyers) that many new roofing materials, including a variety of premium roofing shingles, come with an ENERGY STAR® rating as part of the EPA’s energy efficiency program.

Increased Resale Price

To put all of the above points together into one statistic isn’t easy, but there’s one point to consider. Statistics show that, in general, a majority of resold homes with a recently-installed roof will see an increase in their overall value of somewhere in the range of 15 to 40 percent.

What this means is that if a home that’s appraised at $200,000 has a new roof installed before its sale, it could bring in a resale value of $280,000 simply due to the installation of the new roof — and that’s an ROI that’s hard to match under any circumstances.

Huber & Associates: Preserving Value and History

Since most homes represent much more to their owners than a resale value, we also know that a roof is more than a simple top to a place of shelter. That’s why, at Huber & Associates, we specialize in installing the most architecturally pleasing roofs to some of the world’s most renowned homes and structures. From durability to eye-catching detail, we can be trusted to bring out each building’s unique characteristics in every roofing project we undertake. And in the long run, that also means we’re highly experienced in maintaining and improving the value of any property we work on.

To learn more about our expertise and services, simply contact us today.

How Long Will My Roof Last?

For anyone who has needed to replace their roof, one of the biggest concerns is whether a different type of roofing will last longer and ultimately be more worth the investment. When a homeowner ends up replacing a roof on more than one occasion, the question becomes even more pressing. This leads people to ask about more long-lasting types of roofing, such as metal, slate and clay.

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Private Residence - Copper Roofing

Private Residence - Copper Roofing

This traditional residence has the perfect blend of elegance and distinction. Huber & Associates installed the copper roofing which has the highest durability and quality for performance. We always care about our customer's satisfaction which is why we dedicate all the time possible making each project special and important. This project was no exception.

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Private Residence in the British Virgin Islands

Private Residence in the British Virgin Islands

When Huber & Associates was asked to provide the owner with a Japanese style roof using cooper roofing the answer was quick and design work was soon to follow. A "S" shaped copper tile with other Japanese style cooper accents.

There were challenges to creating the desired aesthetic with enduring function. First, a tile with a curved profile in hurricane zone meant firm attachment and ability to lock the tiles in place. Second, given the lower slope, dependable water shedding in wind driven rain. And third, the building design required an access to a large built in gutter at the roof's midpoint and obviously, walking on copper tiles would not yield a good result.

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Bella Collina - Clay Tile Roofing

Bella Collina - Clay Tile Roofing

The Spirit of Tuscany. Where the perfect atmosphere of the ancient world is combined with that of today created with the highest standards building and wind codes. The clay roof tiles were installed with old Italy in mind, incorporating: random stacking tiles, triple tiles at eaves, random exposures and courses, and finally a mortar-set look throughout the field tiles. Huber & Associates successfully engineered the roof to not only support the weight over open roof battens, but simultaneously met the strict Florida wind uplift codes as well. The charm is both obvious above, and warm and inviting below, with the tile visible on open battens.

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Bryce Canyon Lodge's Cedar Roof

Bryce Canyon Lodge's Cedar Roof

The Bryce Canyon Lodge was constructed in the early 1920's by the Union Pacific Railroad as a way to gain more tourists in the area. In 1987, this lodge was acknowledged as a National Historic Landmark, and today is the only national park lodge from the era to still be intact and actively running. Crowning this rustic lodge was a bright hunter green roof made up of cedar shingles with a wave pattern giving the whole roof a unique sense of motion.  The last reroofing did not include the original roof pattern, but with preservation in mind the roof was matched as closely to the original as possible.

 

Arriving to Reroof

The reroofing process had to be done in the winter months during the lodge's off season. The crew arrived in January to a roof covered with snow! 

 

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Project Update: 1 North Pack Square

Project Update: 1 North Pack Square

Right in the heart of Asheville, North Carolina is Pack Square; named after George W. Pack who deeded the land to the people of Asheville a for a park in 1901.  The name "Pack Square" entered the city vocabulary in 1903 and ever since people, cars and commerce have been busy crisscrossing this mid-point of the city.  Additionally, Pack was motivated to erect a monument to his friend Zebulon B. Vance (d. 1894), state senator, three term governor of North Carolina, humanist, secessionist, and champion of the common man.   That is the ‘Vance’ obelisk in front of 1 North Pack Square and the current roof restoration project.

 

The building is leased to various tenants but primarily serves as the headquarters of The Biltmore Company. 

 

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The Biltmore Estate's Copper Ridge

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We had the pleasure recently to recreate one of the Biltmore's copper ridges. Consisting of over 900 individual parts, it took a lot of time and attention to detail to make, and even look for ways to improve, what was so beautiful and withstood nature for 120 years.

 

The entire process of carefully removing the old ridge, replicating it, and installing the new one took about six months to complete! To understand the magnitude of this home, this is just one of the many ridges that will need restoration in the future. 

 

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