Can A New Roof Actually Save Me Money?
Whether you're needing to replace your roof because of recent storm damage, or just because you're looking for an upgrade, there's no doubt that a roof replacement can be a significant investment. The average cost of a new roof hovers around $7,000 on average, depending on material and size, so it's not an undertaking that's to be done lightly.
That being said, it may be possible for you to actually save money by installing a new roof, rather than it simply being a cost that you have to eat. Below are a few ways that you likely haven't thought about. Think about them, and be sure to contact a roofer if you have any questions.
Energy Costs
One of the biggest and most immediate ways that you can save money on a roof replacement is with lower energy costs. Like everything else in your home, roofing technology has come a long way over the last 20-30 years, which means new roofs can not only look better, but they can also help trap in energy better too, keeping money in your pocket. A reflective roof, for instance, can reduce the surface temperature on the roof by as much as 30%, which helps your home's HVAC system not work so hard in the summer to keep the house cool.
Fewer Repairs
It should go without saying, but a new roof can also help you save on frequent repair bills. Asphalt roofs have a shelf life of about 15-25 years, and once they start to approach the middle part of that lifespan, the repairs will not only become more frequent, but more intense as well. You may have problems with the support beams, materials can start to decay, or entire sections can be loosened and blown off in a storm. A new roof will keep those repair bills down, not to mention the fact that you'll also have a brand new warranty that will protect you against any future damages as well.
Resale Value
While a new roof may not help you sell your home, an old roof can certainly keep homebuyers at bay. Potential buyers may love a new roof that not only looks unique but more importantly, matches the aesthetic of the house. What they may love even more are reduced energy costs that will help defray the cost of a new home purchase. All in all, many people believe that a new roof can increase your home's resale value by as much as $12,000, which means you can almost recoup the cost of the roof itself when you sell your home.
Contact a company, such as Earhart Roofing Company Inc, for more information.