If all you’re looking for is the ROI of roof replacement we’ll tell you that according to the 2024 Cost vs. Value report from Zonda Media, it’s 74.7% here in the Triad area. That’s considerably higher than most of the rest of the country for an architectural asphalt shingle roof. However, that doesn’t tell you the whole story about whether you should replace your roof before listing your home. There are several factors to consider and details you should understand before undergoing what will likely be an expense costing $10,000 – $20,000 depending on the size of your roof.
Where is Your Roof in its Lifecycle?
A roof that still has half its life left, still looks good and hasn’t had any major issues is not one that we or any legitimate roofing company would recommend replacing before listing the home. However, a roof that looks bad, doesn’t pass a home inspector’s review or needing significant repair is one you should consider replacing. The exception is if you are selling a fixer-upper at a very low price at which point the ROI of roof replacement wouldn’t factor in.
What Does Your Realtor® Recommend?
Your Realtor is the expert. They can let you know what other benefits a roof replacement would bring. In speaking to one we trust, she told us that some benefits can include:
- Increased curb appeal which equates to more traffic
- More traffic means a shorter time on the market
- Competition and better appearance can bring a higher sales price to comps
And, when you choose a roof with a transferable warranty, you also give your buyers peace of mind. This can be the difference in someone choosing your home over another similar home on the market. The ROI of roof replacement may be measured in more than just dollars depending on your situation.
Who & What You Choose Matters
There are many roofers and options for a roof replacement. In the Winston-Salem area, asphalt shingle roof replacements bring the higher ROI over metal which has only a 57.8% return. And, you won’t get the same return if you don’t choose a total replacement which means stripping the old shingles off and replacing the underlayment. If you have box vents, those too need to be replaced with a vented ridge. The best return happens when you have a transferable warranty for both materials and workmanship. Ideally choosing a GAF Master Elite™ roofer if you choose GAF shingles or CertainTeed Shingle Master™ if you choose CertainTeed shingles adds to the benefits because then you can include the highest level warranty offered by each manufacturer.
Trust Cooley Roofing for Your New Roof
Whether you’re selling your home next month or in a few years, you can trust the Cooley Roofing team with your new roof. If the ROI of roof replacement is something you want to factor in, we are both Master Elite and Shingle Masters and offer the highest warranties from both manufacturers. Of course, all our roof installations come with our workmanship warranty for your (or the future owner’s) peace of mind. Call us today for your free estimate for your roof replacement at (336) 766-6488 or fill out our contact form.
