Why Your First Home Improvement Project Should Be a New Roof

By DaVinci Roofscapes. 

This study proves that a new roof is the favored home improvement project for adding value to your home.  

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 

How people feel about a new roof 

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 

Composite roofing sells homes 

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.  

Have a question? AskARoofer.   

Find your local roofing contractor in the RoofersCoffeeShop® Contractor Directory.  

Original article source: DaVinci Roofscapes