Metal Roof Home Value

This will keep you from having to replace the roof while you own the home.

Metal roof home value.

Compare this to their findings for asphalt roofs where the average homeowner spent 22 636 and got a return of 68 percent. Additionally you ll recoup an average of 85 9 percent of. It is a sale point you can mention to potential buyers. The national average cost of a metal roof is about 16 500 according to the mra.

The metal roof will last for the life of the house if properly cared for. However a metal roof is comparable in price to tile roofing or cedar shake roofing. It becomes a natural conclusion therefore that homes with the benefits of metal roofing will sell faster and for higher value. 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.

Local store prices may vary from those displayed. It will also help with resale value when you sell the home. Products shown as available are normally stocked but inventory levels cannot be guaranteed for screen reader problems with this website please call 1 800 430 3376 or text 38698 standard carrier rates apply to texts. For a standing seam metal roof of the same size you ll pay about 23 000 to 30 000.

More specifically installing steel shingles on a 2 000 square foot roof costs about 15 000 to 25 000 modernize says. A study that was done by remodeling magazine and published by angie s list concluded metal roofs renovated with standing seam metal roofing recoup 85 to 95 of the costs. The remodeling report for 2019 found that a metal roof on average cost homeowners 38 600 and increased home value by 60 9 percent. 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.

If you currently have a slate roof you can expect metal roof to cost less. You know having a metal roof will add value by eliminating the need to replace your roof and reduce maintenance costs. These gains in resale value amount to 1 to 6 respectively over homes roofed with asphalt shingles. The lifelong guarantee of a good roof is just a bonus for you on top of the.

You also know a metal roof can add value by reducing the cost of your homeowners insurance. 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. 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.