How Much Value Does A Roof Add To A House

Studies that have looked at higher end roofs have rated those higher in payback than a standard roof.

How much value does a roof add to a house. Remodeling s 2018 cost versus value report confirms a homeowner can expect to get 66 to 69 of the cost of a new roof back in home value. You will increase your resale value on your home if you add a new roof. Value report found that the average american homeowner spends 22 636 on a new asphalt shingle roof of midrange quality. That new roof will increase the home s value by 15 427 on average.

The long answer is yes but you probably can t match dollar for dollar. But even if you don t see a huge financial return a new roof can make you more likely to get full asking price lower time on market and smoother negotiations. However replacing an entire roof will cost you thousands. Some roof repairs are minor and cost as little as 150.

Nationally a new roof usually falls in the range of 6 600 to 9 000. The research that has been conducted on how much value a new roof will add to your home is somewhat mixed. One study finds that a new roof is a reasonable investment. Remodeling s 2019 cost vs.

Of course the exact amount of the replacement will depend on a number of different factors. A new roof can increase home value but you might not see a 100 return on investment very few improvements if any offer a full recoup of money spent.