How Much Value Does A Metal Roof Add To A Home

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.

How much value does a metal roof add to a home.

A contemporary metal roof on a home can improve that home s resale value by 1 to 6 percent when compared with an asphalt shingled home. 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. Studies that have looked at higher end roofs have rated those higher in payback than a standard roof. This is not true.

Increased home value home improvement industry researchers estimate that a quality roof will immediately add close to 70 of its cost to the home s value. According to angie s list a quality metal roof will increase the resale value of your home by 1 to 6 and sometimes more. Even if you do not plan to sell your home any time soon getting a new metal roof also means that you will never need to re roof again for the next five or more decades. Metal roofs are actually highly valued.

It moves on to add that if two identical homes were for sale and one of them had a metal roof the home that would never need a new roof would sell for more money lifetime return. 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. With some styles like corrugated metal panels you may even see a lower cost per square foot than asphalt shingles of about 20. The remodeling report for 2019 found that a metal roof on average cost homeowners 38 600 and increased home value by 60 9 percent.

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. The metal roofing alliance lists a national average price of about 16 500. 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. Compare this to their findings for asphalt roofs where the average homeowner spent 22 636 and got a return of 68 percent.