You'll often read and hear from many home improvement websites and channels that replacing your entire roof with high-durability, long-term roofing materials such as metal roofs will spell great in improving your property's market value. True enough, the roof can do so much to improve the overall value of your home especially if you plan to resell it at a higher value after remodeling it. However, it isn't a guarantee that it'll reach your target amount -- but it will help your property reach it somewhat.
In fact, replacing it with long-lasting roofing material such as standing seam metal roofs or clay and slate tiles won't guarantee you'll get the best prices for your property. These can even drive away potential homebuyers, believe it or not. If you're in a neighborhood where rental rather than property purchases are in high demand, then having long-term durable roofing isn't exactly the best option to increase your home's value.
However, let's say you're in a Denver CO neighborhood where there is a good enough demand for residential properties. Will a long-term roofing material with impeccable aesthetics still remain attractive? It is possible, but it depends whether there is a population of homebuyers with high enough income to pay for your higher-priced property.
In addition, there's more to home renovations and adding property value than just normally increasing the value of a home. Beycome has a great list of things you can renovate that will help your home have a greater value as you need it. Read more about it below.
Get Creative and Increase the Usable Square Footage of your Home
Square footage has one of the largest impacts on the value of your home or condo. When buyers begin their search for a property, they generally have an idea of how many bedrooms, bathrooms and an approximate idea of the square footage they want.
One of the first things buyers look for is the value of the square footage in your home. While it might be impossible to physically increase the square footage, especially if your property is a condominium unit, there are ways to create more livable space in your home.
Consider changing the interior floor plan of your property to make it stand out. This is especially effective if you live in a gated community or condo where all of the properties have a similar layout. For example, if you have a living room and foyer separated by a piece of drywall, remove the drywall to give your home a more spacious feel. You won’t be changing the actual square footage of your property, but it will definitely feel bigger and more open!
Kitchen Renovations (Continued)
Lastly, you'll want to work with a Denver CO roofer with decades of experience handling roof repairs and replacements. If you have yet to find a reliable company, you can always count on us at Roper Roofing. We'll make sure you get the best possible results for all your roofing needs when you decide to work with us. Contact us today to learn more about what we can do for you!