
Highlights for Roof Replacement Improves Property Value
A new roof boosts home value by enhancing curb appeal, energy efficiency, and buyer confidence. It can help you sell faster and for more, with an average 67% return on investment. For homeowners in Middle Tennessee, roof replacement is a smart move—especially with Five Points Roofing’s expert installation and lifetime labor warranties.
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How does replacing your roof improve your home’s value?
Updated on: April 21st, 2025 | Published on: Jan 21, 2021
When listing a home for sale, one of the first things that buyers notice is the home’s exterior, including the roof’s condition. If a home has an older shingle roof or has cracked, missing, or damaged shingles, home buyers might skip the property and continue on their search. This is why ensuring the roof is professionally installed with proper workmanship is crucial for homeowners wondering how to increase the value of their home and stand out in the real estate market. Residential roofing plays a vital role in protecting homes from environmental elements. Additionally, roof replacement can be part of broader home improvements, such as attic insulation or siding replacement. Here are four reasons why!
Introduction to Roof Replacement
Roof replacement is a significant home improvement project that involves removing an existing roof and installing a new one. Most building codes permit the installation of two layers of asphalt shingles on a structure, highlighting the option of an overlay rather than complete roof removal. This undertaking requires careful planning, execution, and consideration of various factors, including roof replacement costs, roofing materials, and labor costs. A new roof can dramatically improve curb appeal, increase energy efficiency, and provide a safe and secure living space. When considering a roof replacement, it’s essential to hire a professional roofer who can assess the condition of the existing roof, provide a detailed estimate, and recommend the best course of action. A well-executed roof replacement not only enhances the aesthetic appeal of your home but also ensures long-term durability and protection.
Understanding Roof Replacement
Roof replacement is a significant home improvement project that involves removing an existing roof and installing a new one. It’s essential to understand the process, costs, and benefits of roof replacement to make an informed decision. A typical roof replacement project includes removing the old shingles, inspecting the roof deck, and installing new roofing materials, such as asphalt shingles or architectural shingles. Roofing professionals, like professional roofers, play a crucial role in ensuring a successful roof replacement.
The cost of a new roof can vary depending on several factors, including the type of roofing materials, roof size, and labor costs. Most homeowners can expect to pay between $5,000 to $15,000 for a roof replacement, with the average cost being around $10,000. Regular inspections can help identify necessary repairs and prevent costly damage, improving the overall curb appeal of a home.
1. Roof Renovations Increase Curb Appeal
New shingles can drastically improve a home’s curb appeal and add style to its overall appearance. At Five Points Roofing Company, we only install high-quality architectural shingles. Our shingles are available in multiple color and texture options that give properties an updated, modern aesthetic that Middle Tennessee home buyers love.
2. New Shingle Roofs Offer Better Energy Efficiency
Roof shingles have made many advancements over the years, including improvements in energy efficiency. When considering roof replacement, it’s important to examine the condition of the plywood sheathing, especially if you are thinking about installing a second layer of asphalt shingles without fully stripping the roof. Today, many homeowners are replacing roof shingles with Energy Star-approved options that contain technology to reflect heat from the sun. Integrating insulation with new roofing can further enhance energy efficiency. These roof shingle types are not only better for the environment but will also cut down on cooling costs.
3. New Roof Materials Have Longer Warranties
In the past, older roof shingles came with limited warranties lasting around 20 years. Re-roofing is a viable option when the roof is near the end of its lifespan but the underlying structure remains sound. Now, roofing warranties are much longer. When old roof shingles are replaced with new ones, our local roofing company offers limited lifetime labor warranties with every new roof installation, which are completely transferable when homeowners sell their properties.
4. Home Buyers Love New Roofs
At the end of the day, many buyers are searching for houses that look beautiful and are built with reliable, high-quality construction materials. Competitors recommend hiring an experienced roofing contractor for roof replacement projects due to the inherent risks and complexity involved. Although a shingle roof replacement is a major investment, it can make a house more attractive to buyers, helping homeowners sell on their desired timeline and at the right price.
The Roof Replacement Process
The roof replacement process typically begins with a roof inspection to assess the condition of the existing roof. This inspection helps identify any damage, wear, or tear, and determines if a full replacement or minor repairs are needed. Once the decision to replace the roof is made, the next step is to choose the right roofing materials, such as shingles, metal roofing, or concrete tiles. The removal of the old roof, also known as a tear-off, is a crucial step in the process. This involves removing the existing shingles, underlayment, and any other roofing materials.
After the old roof is removed, the deck is inspected for any damage or rot, and repairs are made as needed. The new roofing materials are then installed, starting with the underlayment, followed by the shingles, and finally the ridge vent and other finishing touches. A professional roofer can ensure that the roof replacement process is done efficiently and effectively, minimizing disruptions to daily life and preventing water damage.
Factors Affecting Roof Replacement Costs
The cost of a roof replacement can vary significantly depending on several factors. Roof repair generally incurs much lower expenses compared to a full replacement, but additional costs such as inspections and permits should be considered. The type of roofing materials used is a primary consideration; for instance, asphalt shingles are a popular and budget-friendly option, while architectural shingles and metal roofing can be more expensive.
The size of the roof and the complexity of the installation also play crucial roles in determining the overall cost. Labor costs, permits, and inspections further impact the project’s budget. Additionally, factors such as the pitch of the roof, the number of layers of shingles, and the condition of the roof deck can influence the cost of the replacement. To ensure you get the best value, it’s essential to obtain quotes from multiple roofing contractors and compare their prices and services.
Roof Inspection and Repair
A roof inspection is a critical step in determining the roof’s condition and identifying any necessary repairs or replacement. A professional roofing contractor can assess the roof’s condition, including the roof deck, asphalt shingles, and flashing, to determine the best course of action. Regular inspections can help prevent minor repairs from becoming major issues and can also help identify potential problems before they become costly.
A roof inspection can also help homeowners budget for future expenses and make informed decisions about their roofing project. It’s recommended to schedule regular inspections, especially after severe weather events, or when noticing signs of wear and tear. By staying proactive with roof inspections, homeowners can maintain the integrity of their roofing system and avoid unexpected expenses.
Choosing the Right Roofing Material
Selecting the right roofing material is a crucial decision that can impact the durability, energy efficiency, and curb appeal of a home. A roofing professional can conduct inspections by examining various elements of the roofing system, including the roof deck, surface materials, and relevant interior spaces. Asphalt shingles are a popular choice due to their affordability and ease of installation, but other options, such as metal roofing, clay tiles, and wood shakes, offer unique benefits and advantages. Considerations such as climate, budget, and personal preference can influence the choice of roofing material.
It’s essential to research and compare different options, including their costs, benefits, and drawbacks, to make an informed decision. A professional roofing contractor can provide guidance and recommendations to help homeowners choose the best roofing material for their needs and budget. Additionally, factors such as the roof’s pitch, size, and complexity can impact the choice of roofing material, and a professional roofer can help determine the most suitable option.
How Much Value Does a New Roof Add to Your Home?
So, how much value does a new roof add to your home, specifically? The replacement cost can significantly impact your financial planning. Simpler roofs typically incur lower costs compared to more complex roofing designs, highlighting the financial benefits of opting for simpler roofing options during home renovations. According to Remodeling Magazine’s latest Cost vs. Value Report, asphalt shingle replacements in the southeastern region of the United States have the following return on investment:
- Average Cost: $22,383
- Average Resale Value: $14,989
- Average Cost Recouped: 67%
There are multiple factors that can affect average roof replacement costs in Middle Tennessee. The square footage of the roof is a major factor influencing the overall cost, as larger roofs require more materials and labor. According to HomeAdvisor, Middle Tennessee homeowners spend an average of $15,000 on replacements, which includes approximately 40% for roofing materials and 60% for labor costs. However, when a roof has wind, hail, or other storm damage, the homeowner may only be responsible for their deductible per their home insurance policy, so it is always best to contact your home insurance company before paying for a roof replacement out of pocket.
Various financing options are available for homeowners considering replacement, such as home equity loans, HELOCs, personal loans, and credit cards. Even though homeowners may not receive 100% of their replacement costs back, replacing roof shingles can aid in the home selling process. Sellers can avoid negotiating due to having an older roof, lowering the asking price, or keeping their property on the market past their time frame.
Does a New Roof Affect Home Appraisals?
Yes! During a home appraisal, an appraiser will determine the value of a home compared to other similar properties on the market. Appraisers consider multiple factors when evaluating a home’s value, including the roof’s condition. Integrating solar panels during replacement projects can enhance energy efficiency and lead to significant savings on electricity bills. Here are some things to look out for before scheduling an appraisal:
- Roof leaks
- Cracked or buckling shingles
- Storm damage
- Ice dams
Additionally, it is crucial to check for water damage during roof inspections, as it can lead to structural issues and affect the overall integrity of the roof.
Contact Us to Improve Your Home’s Resale Value with a New Shingle Roof
If you’re a homeowner ready to improve your home’s value, schedule a roof inspection with our professional roofers in Franklin. We will help you determine the best roof shingle types for your roof replacement and answer any of your questions. A well-maintained roof system is crucial for overall home protection, ensuring proper ventilation and safeguarding against weather. To learn more about replacing your roof with Five Points Roofing Company, contact us today.