How Much Value Does A Metal Roof Add

A house sitting there at 250 000 with a brand new roof is going to bring more value than the house sitting next door that s the same floor plan with a 15 year old roof russell added.

How much value does a metal roof add.

According to remodeling magazine s 2018 cost vs. When it comes to costs a metal roof according to the metal roofing alliance can cost roughly two to three times more than an asphalt shingle roof. Using this example even a metal roof install costing 20 000 would save 10 000 in the long term thus adding a higher value to the home than the cost of the investment. Replacing a roof recovers 105 of its cost at resale according to nar.

In general installing a new roof can add resale value and has consistently high returns on investment. Not only is metal roofing on average more expensive than asphalt shingles metal roofs also add a lower percentage of their value to an appraisal. Since metal roofing is permanent and requires less maintenance a quality metal roof can add to the resell value of your home. Long popular with commercial builders the metal roofing market expanded to residential homeowners in recent years making it a 3 3 billion industry in north america in 2017 with a projected value.

The average total cost of a premium metal roof including materials and. Having a home s roof be solar ready can add value to the home. If you install a metal roof you ll pay 38 600 and may get a 23 507 boost to home value. Metal roofs continue to be a growing trend and we don t mean the corrugated panels you might see on a backyard shed or what the b 52 s had in mind when singing tin roof rusted.

Metal roofs aren t cheap and installing them can be an intricate process requiring skilled tradesmen. While it is impossible to ever predict the exact amount of value that a new roof will add to a home the benefits of a metal roof are things that are sought after by prospective home buyers. The fact that most metal roofs come with a 50 year limited warranty should give you peace of mind in your investment. Pump up the hvac.

However a metal roof is comparable in price. Enter a zip below and get matched to top rated pros near you. 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. A home with a metal roof would add the value of each of those prevented repair cycles to the home s value even if the initial installation cost is higher.

Photo courtesy of american metal roofs get quotes from up to 3 pros. Value report a midrange roofing replacement has a 68 4 percent roi.