From Seattle to Olympia and anywhere in between, the housing market is incredibly competitive for both sellers and buyers. How do you stand out in this hot housing market, even if you’re not planning to sell at the moment? You may think about upgrading your appliances or redoing your kitchen; however, since it is such a costly job, your first thought may not be to replace your roof.
However, Remodeling magazine proves that a new roof will produce a higher return on investment at resale as compared to redoing a kitchen. In their 2017 Cost vs. Value report, homeowners in Seattle will recoup 87.8% of the cost of a new roof, and that’s 8% higher than how much a homeowner will recoup from redoing a kitchen. Here are tips to keep in mind for increasing the value of your home with a new roof.
Choose a long-lasting roofing material
Cost plays a big factor in selecting a roofing material, but there’s a difference between upfront costs and the lifetime value of a roof. Take asphalt shingles for example. They are one of the most affordable roofing material. However, they only last up to 25 years, meaning they have the shortest lifespan out of all roofing material options.
According to the 2017 Consumer Housing Trends Report by Zillow, 23% of homeowners plan to pass along their home to a family member. Families are there to stay in their homes, so people are looking for durability in housing material. To increase the value of your home, look for a long-lasting roofing material. Here is a breakdown of the lifespan of roofing materials:
While options such as rubber or metal may have a higher upfront cost, they can last up to twice as long as asphalt shingles. This makes them an affordable and cost-effective option in the long run.
Homeowners are becoming more savvy in terms of material and goods used in their home; more and more homeowners are seeking eco-friendly and energy-efficient options. In fact, 48% of people on the market to buy a home list energy efficiency as a desired home characteristic, according to Zillow’s 2017 Consumer Housing Trends Report. To meet this demand, look for roofing materials that are not only eco-friendly but ones that also improve your home’s energy efficiency.
One option that’s becoming increasingly popular is metal roofing, which is made from recycled products, and they’re 100% recyclable after their lifetime. They’re also a great energy-efficient option during warmer months as well due to their ability to reflect solar radiation instead of absorbing heat. This results in a 40% decrease in air-conditioning costs such as running AC units or fans. Let’s also not forget that the metal roofing options we offer here at State Roofing are solar-ready. The solar panels can be snapped on to the roof to avoid having to attach the solar panels to other materials. In turn, this reduces the risk of water penetration.
Another option is recycled rubber roofing, which results in a savings of 250 to 1,000 scrap rubber tires from ending up in landfills whenever someone uses this material for their home. Recycled rubber roofing is made from approximately 95% recycled material, and their scraps can also be recycled again. Plus, they’re a wonderful source of insulation for the home.
Not to be mistaken for asphalt shingles, composition shingles are composed of asphalt, tar paper, slate, shake, laminate, and wood—all of which are recycled materials. If you choose lighter-toned versions of composition shingles, they’ll help reduce your cooling costs during the warm months because they will be more efficient at reflecting sunlight.
With a green roofing material, homes can be marketed as being energy-efficient, thus increasing the overall value of your home and making it more appealing to buyers.
Choose a low-maintenance roofing material
Roofing material such as asphalt shingles require a lot of consistent maintenance. Asphalt shingles are prone to warping, curling, and cracking over time. A high-maintenance roofing material is less than desirable for homeowners. While it may not directly impact the monetary value of your home, it can negatively impact a buyer’s impression of the home and its ability to sell. Just like how you don’t want to be spending your free time fixing your roof, you can be sure that the future owner of your home feels the same way.
Roofing materials such as metal or rubber are basically maintenance-free. They are less likely to suffer from issues experienced among asphalt shingles such as bends, rot, and moisture retention. A low-maintenance roofing material is a wonderful selling point, making your home more appealing to potential buyers.
When we say it rains a lot in the Pacific Northwest, it’s no joke. This means that homeowners need to choose a roofing material that is suitable for the wet environment and can hold up against the year-round moisture.
Asphalt shingles are notorious for being porous, making them prone to mold. If that mold isn’t taken care of in a timely fashion then it could possibly spread to inside your house, causing a health hazard for your family.
Composition shingles are ideal for wet environments. They feature algae and moss inhibitors to ensure the material remains free from moisture-related growth.
Metal roofs are also another great option for the Pacific Northwest and its unpredictable weather. Metal roofs hold up to the variety of weather we experience in the Pacific Northwest. Not only is a metal roof water resistant, but it can also withstand winds up to 110 mph—both factors help increase your home’s value and also its appeal.
A roof can add tremendous value to your home, depending on the material you choose. If you’re looking to significantly increase your home’s value, look for a roofing material with an extended lifetime so new homeowners won’t have to replace the roof after 20 years. Choosing a green roofing material also allows you to market your home as energy-efficient, making it extremely appealing to Seattle homebuyers, especially since almost half of homebuyers are looking for energy-efficient homes. Look for low-maintenance roofing materials such as metal and rubber that are impervious to algae and moss damage. Lastly, select a roofing material that will be able to endure the wet and windy Pacific Northwest weather.
Want to increase the value of your home with a new roof? Give us a call at (360) 205-3100 or fill out our contact form for further inquiries or to request a free estimate in Seattle, Tacoma, Olympia, Bellevue, Snohomish, Sammamish, or any surrounding areas.