How Much Value Does A Metal Roof Add

Since metal roofing is permanent and requires less maintenance a quality metal roof can add to the resell value of your home.

How much value does a metal roof add.

The average total cost of a premium metal roof including materials and. 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. 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. Photo courtesy of american metal roofs get quotes from up to 3 pros.

Replacing a roof recovers 105 of its cost at resale according to nar. However a metal roof is comparable in price. 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. 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.

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 fact that most metal roofs come with a 50 year limited warranty should give you peace of mind in your 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. 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.

In the end you re spending more money on a metal roof but getting less of your investment back. According to remodeling magazine s 2018 cost vs. Having a home s roof be solar ready can add value to the 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.

Value report a midrange roofing replacement has a 68 4 percent roi. If you install a metal roof you ll pay 38 600 and may get a 23 507 boost to home value. Pump up the hvac. In general installing a new roof can add resale value and has consistently high returns on investment.

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. Enter a zip below and get matched to top rated pros near you.