By DaVinci Roofscapes.
Look to the skies next time you are upgrading your home exterior. According to this 2019 Remodeling Impact Report, a roof is the leading choice of exterior projects to invest in. A new roof is the highest ranked project to boost buyer appeal, and is the update most likely to add value to your home when it comes to reselling it. Notably, a new roof is a preferred home improvement project over new vinyl windows, siding, garage doors and fiber-cement siding
Sponsored by the National Association of the Remodeling Industry (NARI) and the National Association of REALTORS® (NAR), the late 2019 report analyzes 20 different remodeling projects. The study results are based on feedback from owners regarding their “Joy Factor,” from REALTORS® with respect to cost recovery at resale, and from NARI members regarding remodeling project fees.
After completing a new roofing project, the study shows that 65% of owners have a greater desire to be in their home. 44% have an increased sense of enjoyment when they are at home. And, a whopping 75% of homeowners feel a major sense of accomplishment when they think of the completed reroofing project. Overall, that brings them to a Joy Scale of 9.5 (out of a possible 10 points).
The study also shows that the top two reasons people decide to invest in a roofing project for their home are:
1 - To upgrade worn-out surfaces, finishes and materials (61%)
2 - For a change (15%)
And, not surprisingly, new roofs help sell homes. According to the study:
39% of REALTORS® have suggested sellers get a new roof before attempting to sell their home
33% of owners said that having a new roof helped close a sale
50% of owners said that after completing the project, that the most important result was having durable, long-lasting results and materials
So how does this study relate to your situation? If you have plans to sell your home in the future, consider investing now in a composite roof that has exceptional curb appeal value. Additionally, composite roofing, like those shake and slate roofing materials available from DaVinci Roofscapes, are impact-, fire-, insect, - high wind- and algae-resistant. Those can be key selling points when positioning your home in the marketplace.
No matter where you are located geographically, a solid roof overhead can be an asset when selling your home.
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Original article source: DaVinci Roofscapes