The cost of roof replacement and repairs continues to increase due to supply chain changes and other factors. According to the National Insurance Crime Bureau, damage from hail alone rose to $60 billion in 2023, doubling from the previous year.
Generally, it is well-understood that a roof replacement can better protect homes from costly damages; however, using the right materials and methods for a new roof can also improve the home’s energy efficiency and even increase its value, further protecting homeowners from rising repair costs.
The following highlights the less often discussed benefits of installing a new roof on your home, including helping regulate temperature more efficiently and combat rising utility bills. Before repairing or replacing your roof, see which materials may bring the most benefit to your home and budget.
1. Modern Materials Provide Energy Efficiency
Conventional roofs are usually made of either asphalt or tile, which absorb heat and light, raising the temperature of the home and reducing its energy efficiency in the summer months. Modern roofs made of metal and other lighter materials help homeowners regulate their energy usage and reduce their monthly power bills.
Energy-efficient roofs employ materials that reflect unwanted sunlight, absorbing less heat while insulating the house and improving its temperature regulation. Both metal and conventional roofing materials can be enhanced with a reflective coating to achieve the benefits of light colors.
Color can be an important aspect of the material choice since darker colors absorb more heat, potentially raising energy consumption. The material that works in your situation depends on multiple factors; carefully consider the options that will give your new roof the most benefit for your situation.
2. Upgraded Roofs Increase Home Value
A roof replacement can be a great time to upgrade your home’s design, which can improve its curb appeal and raise its value. Many homeowners seize this opportunity to implement style overhauls such as going from asphalt shingles to a metal roof, or using premium dimensional asphalt shingles to add character or mimic the appearance of wood.
However, the real value of a roof replacement is in the resale value that it adds to the home. According to recent data, a new roof adds an average of $18,700 to a home’s value in the Northern Virginia and Maryland areas.
Modern home buyers know that a new roof should last 15-20 years or more. They look for newer replacements while shopping for homes to reap the benefits without paying for the installation.
3. Roof Replacements Save Homeowners on Repair Costs
Many homeowners only repair their roofs when damage from water, hail, wind, or pests severely impacts the shingles or underlying decking. By waiting for a catastrophic failure, regular wear will eventually build up, leading to more substantial repairs and reducing the value of the home.
Replacing a roof before it sustains too much wear and tear, homeowners can save on costly replacements or last-minute repairs. Getting a full quote for a roof replacement from an experienced insurance restoration contractor can help you anticipate and avoid costly repairs rather than wait until a full roof replacement is the only available option.
4. New Roofs Come With Updated Warranties
When replacing their roofs, homeowners can update their warranty to file damage claims or replace materials within the warranty window. Notably, most roofs do not come with lifetime warranties and instead come with separate limited warranties on materials and workmanship.
The protections you initially purchased for your roof will end after a certain period, but a new roof resets the warranty period on both the workmanship and materials. This new warranty helps homeowners protect their property while offering another selling point for potential buyers.
Homeowners should understand that the materials they choose and the contractor they hire will impact the length and quality of the warranty they receive. Be sure to discuss this with the contractor before agreeing to work.
5. New Roofs Provide Security
A roof replacement protects your home and family from costly accidents related to weather damage and normal wear and tear. With the right materials and installation procedures, homeowners can rest assured that their roofs will last decades before the next replacement is needed.
While this demonstrates one potential benefit of a new roof, it also underscores the importance of hiring the right contractor for the job. The security provided by a new roof is only as good as the materials, construction, and craftsmanship it employs.
Contact Expert Exteriors for a Competitive Quote on Your Roof Replacement
A new roof can provide new and prospective homeowners with numerous benefits, including greater energy efficiency, increased home value, lower repair costs, and refreshed warranties.
At Expert Exteriors, our team is committed to client satisfaction. We inform homeowners of each step of the roof replacement process and offer competitive repair and replacement rates after inspecting your roof for damage. With modern materials and precise craftsmanship, our roofs help protect your home while providing better energy efficiency and other benefits.
Contact our experienced team today to get a quote on a new roof and learn more about the impact it can have on your home’s value and efficiency.