Understanding the Positive ROI Impact of a New Roof

If you’re considering getting a new roof, the sheer costs may put you off. You may even see it as an expense and try to find shortcuts to making the necessary overhaul. However, contrary to what you think, a new roof isn’t an expense; it’s an investment!

When is it time to replace your roof?

Here’s how to know that your roof needs replacing:

• How old is your roof?

One of the more critical things to be aware of is the age of your existing roof. Most asphalt shingles need replacement every 15 to 20 years. Clay tile roofs should be replaced after 50 years, while metal roofs must be replaced every 40 to 80 years.

• Is your roof damaged?

Signs of visible wear and tear, including shrinking shingles, granule loss, sagging, and algae growth, are obvious signs. Discoloration in your ceilings is also a significant marker that your roof needs replacement.

• Is the paint cracked or peeling?

If you’ve noticed paint that’s cracked or peeling along your ceiling, it could be a sign of roof issues. This could result from excessive moisture behind your walls or ceilings linked to a leak.

• Do you plan to sell your house soon?

32% of real estate agents said a new roof was vital to closing a home sale. So, If you plan on selling your home soon, this immediately adds more reason to replace your roof. 

What is the process of roof replacement?

Here’s how a roof replacement works:

• Inspection and contract

This is where our roofing consultant assesses the roof and decking underside and gives you an estimate based on measurement and materials for the new roof. A contract is then signed to signal the beginning of the project.

• Materials ordering

Here, your roofing contractor orders materials from their suppliers, arranging for large items like the decking and shingles to be delivered on the day of the roof replacement. A professional roofing company will always stock the smaller roofing equipment independently. 

• Removing old materials

This is where the old materials will be disposed of and renewed with a new roof, which consists of three layers:

• Roof deck 

• Underlayment 

• Roof covering

Common types of roofing materials include asphalt, cedar shake, and synthetic.

• Cleanup and final inspection

After the roof installation, the team will clean up residual debris in and around your home. Then, the project is professionally inspected by a roofing contractor's expert to ensure everything is done correctly. 

What is the ROI for your new roof?

The ROI of a roof replacement varies based on different factors. Here are some of them:  

• Project cost 

The cost of a new roof project comes down to the quality of materials used and the roof’s size. That said, a new roof is an expensive venture, and you might be tempted to take shortcuts or accept bids from a quack on the premise that they do it at a much-reduced rate. However, you’ll get a shoddy job and end up paying more for a proper job later.

• Value of the roof installation

Depending on some factors, you can expect an average ROI of about 60%. In addition, the efficient insulation minimizes heat loss and gain, helping you save on energy bills. 

• Longevity of materials

The type of material you choose for your roof determines how long it’ll last. Sometimes, the ROI you want isn’t for when you resell the property but for the lasting protection you get from the roof installation.

Don't leave your roofing project to chance. Partner with the roofing experts today

A new roof has the potential to enhance the value, functionality, and longevity of your property. However, remember that it truly becomes an investment only when it's done right.

If your roof is showing signs of damage or is drawing near the end of its lifespan, don’t outsource the job to quacks! Contact the roofing experts today for help.