You've seen it happen: a Denver CO homeowner had a roof replacement and sold their house higher than its initial value. In fact, they used a standing seam metal roof as replacement. You've started to ask "how much value does a metal roof add to a house?" The answer: a lot.
All Denver CO roofing contractors with in-depth experience and knowledge can tell you that metal roofs are highly durable and can last for half a decade or beyond. It's a great investment but one that requires a high initial cost. Northern Virginia Roofing & Exteriors has a great post that explains the high potential of metal roofs in increasing property value below.
How Much Does a Metal Roof Add to a House?
You could face tough competition when you decide to sell your house. According to reports, the number of houses for sale in the US, including those in Virginia, is continuing to increase, even in areas that regularly experience severe weather conditions. This is why it’s important to ensure your home stands out from the rest.
There are steps that you can take to make your property more attractive to buyers, including increasing its curb appeal, doing repairs, and replacing a few standard features. One of the best renovation projects that will surely increase a home’s value is roof replacement. If your roof is old and made of a weaker material, roofing contractors would suggest switching to metal roofs. (Continued)
In a remodeling or renovating perspective, how much value does metal roof add to a house? The answer is still "a lot." While we explain the long-term durability and exceptional performance of metal roofs, not many homeowners are aware of these benefits.
As Metal Construction News cites the Metal Construction Association-ZAC Association survey, it indicates that metal roofs have a performance rate that can go beyond 60 years. Thanks to the Internet, metal roof value awareness is rising -- and so are the values of properties using them as roofing materials.
Metal Roof ROI Value for Remodeling
"People are not aware of the longevity of metal roofing," says Haddock. "That's why I pushed so hard to do this survey we did to document the real service life of a metal roof."
The survey Haddock refers to was sponsored by the Metal Construction Association and the ZAC Association. It analyzed low-slope, unpainted 55 percent Al-Zn coated steel standing seam roofing in a wide range of environments across the U.S. (Howard and Haddock both participated in the study.) The research concluded that the expected service life of such a roof constructed today can be expected to be in excess of 60 years. That value, the researchers argue, equals the assumed service life of the building, as described by USGBC's LEED v4 rating program.
"You have so many roof types out there that are 15- or 20-year roofs," says Haddock, "and everybody seems to recognize that, and they throw metal in the same category: that it's a 20-year roof. I guess that's a result of warranties. The fact of the matter is that other roof types are way more liberal with their warranties than we are. The service life is the warranted life." (Continued)
Corrugated metal roofing offers the least resale increase for homeowners planning to renovate with metal roofs. However, how much value does a metal roof add to a house if it's a standing seam variant? It's about as huge as you can imagine or maybe even more.
According to Angie's List, homes renovated with standing seam metal roofing can regain majority of its investment when they compared it to roofs using other materials as replacements.
Standing Seam Metal Roof Increases Value for Remodels
Metal roofs are actually highly valued. Homes renovated with standing-seam metal roofing recoup on average 85.9-percent of costs nationally and up to 95.5% for homes in the Eastern states, according to Remodeling Magazine. These gains in resale value amount to 1- and 6-percent, respectively, over homes roofed with asphalt shingles.
However, it pays to keep in mind that a proper installation by a reputable Denver CO metal roofing contractor such as Roper Roofing delivers the long-term durability and maximizes the material's capacities. In turn, you make a great investment for a home roof that can last for ages. Learn more about how we can help you achieve this by contacting us today!