The increasing prevalence of Atlantic hurricanes over the past 20 years has created a higher risk of property damage, necessitating the need for stronger roofs. Coastal states like North Carolina are becoming more susceptible to gale-force winds, which can severely damage your roof. So, if your roof is missing shingles or is water-damaged, consider investing in a new one.
Research from many remodeling industries concludes that your roof significantly contributes to your home’s value. According to a 2023 report, the average ROI from a new roof ranges from 60%-70%. Suppose you want to sell your home. A new roof will ensure a smoother negotiation process and help get your full asking price.
You can expect to spend between $6,700 and $80,000 depending on the size of your home and the type of roof. However, with multiple roofs offering different benefits and values, how do you pick the right one?
Considerations for Choosing the Right Roof
Your first consideration should be the local weather to invest in the right roof. Suppose you live in a city like Charlotte, NC, which has reported 134 hail predictions during the past year with 95 warnings of severe weather conditions. In that case, rubber or metal roofing would suit you best because of its durability and longevity.
Next, choose a roof that compliments your home’s architectural design. Research the common styles in your area and consult local professional roofing companies for suitable options. To find roofing companies in your area, you can look up Charlotte Roofing Company near me online for a list of local roofing professionals. Once you select a trustworthy roofing company in Charlotte, you can decide your budget and discuss financing options. A local company like JOYCE will be familiar with the usual styles that suit the weather in Charlotte best and properly guide you to choose the right roof for your home.
Types of Roofs
Your choice of roofing material influences how potential buyers perceive your home. For example, some materials boost your curb appeal and give your home a more desirable appearance. Buyers can also value durable and long-lasting materials because of their low maintenance and choose to pay more for roofing options that provide weather resistance. The following list of materials can improve your home’s value in different ways:
Metal roofing has an ROI of 61.2%. Its price varies between $2 and $14 per square foot, costing an average of $11,557 for a new roof. However, this cost can increase or decrease depending on where you live and the type of metal. There are different types of metals you can choose from. For example, aluminum is a popular choice because it is relatively cheaper with low installation prices, costing around $6-$20 for two shingles.
Other materials like zinc are the most durable, lasting around 100 years due to the self-healing properties that keep it low maintenance. Any scratches left behind by Charlotte’s weather can heal by themselves. However, it is crucial to ensure your contractors properly seal the underside of its shingles to prevent corrosion risks. Though it is expensive, costing around $5-$8 per square foot for materials alone, zinc’s longevity and unique properties make it worth the investment.
The increasing demand for renewable energy resources has caused the global solar roofing market projections to rise to $241.6 billion by 2031. This increase in demand is because solar tiles are easy to install and offer an ROI of 20% in the first year. They are sturdy, which makes them resistant to strong winds.
Solar titles can also enhance your curb appeal by giving your home a modern and sleek. Though they are expensive to install initially, their average cost ranges between $16 and $25 per square foot. They offer long-term benefits by saving energy and having low maintenance.
Wooden roofs are environmentally friendly because of their natural material. Wood roofing can cost between $6-$18 per square foot, lasting up to 50 years with proper maintenance. You can significantly increase your home’s value by using premium wood materials like cedar to boost your home’s curb appeal. They are weather resistant and durable, and their attractive appearance helps smoothen the selling process. However, consider redwood or cypress for a wet climate like Charlotte’s because of its water-resistant properties.
If you want to sell your home, remember that wooden roofs lose color over time and are susceptible to mold and insects. So, it is essential to maintain it properly. To keep your wooden roof’s appearance, regularly inspect for signs of damage and apply a sealant to protect it from discoloration.
The projection for the tile roofing market is a growth of $41.3 billion by 2027. This data suggests an increasing demand for tile roofs because of their durable and aesthetically pleasing appearance. They resist most environmental factors, including wind, water, frost, and fire. A tile roof can significantly boost your home’s resale value. Though the upfront costs are high, ranging from $7 to $28 per square foot, a tile roof can be the last roof you buy as it can last up to 100 years.
They can also save money on utility costs as tile roofs are energy-efficient and can decrease heat flow into the attic by 70% compared to other types of roofing, making them great for hot states like Florida or Arizona. Tile roofs consist primarily of natural and recyclable materials such as clay, concrete, and slate, giving them unique fireproof qualities and longevity.
This roofing material is the most common in America, with around 75% of North American homes having an asphalt shingle roof. It is widely available and easy to install, costing around $4-$8 per square foot. They are low maintenance and can last up to 20 years, requiring only basic cleaning and periodic inspections. They are highly durable, fire resistant, and protect against rain, wind, and moderate hail.
Asphalt shingles have various styles. Whether you prefer the classic appeal of traditional designs or the sleek look of modern aesthetics, there’s an asphalt shingle option to suit your taste. This versatility allows you to enhance your home’s curb appeal while ensuring it stands out to potential buyers.
There are a lot of factors that go into deciding the perfect roof for your home. Now that you know a few of them, you can improve your home’s value by choosing a roof that can attract the most potential home buyers. The roof is the first thing people notice and is the most significant part of your house. So, invest wisely and choose suitable materials.