Why a New Roof Is a Great Investment for Your Home
Oct 17, 2024
1 min read
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Maximize Your Home’s Value
At Fasto Roofing, we recognize that investing in a new roof can significantly increase your home's value and offer substantial returns. Here’s why a new roof is one of the best investments you can make.
1. Exceptional Return on Investment
High ROI: According to the National Association of Realtors, a new roof offers a 107% return on investment (ROI). For a $200,000 home, this translates to a $14,000 increase in appraisal value.
Value Addition: A new roof not only protects your home but also pays you back by boosting its market value.
2. Energy Efficiency
Energy Savings: ENERGY STAR-rated shingles can reduce your energy costs by 10%-15% by reflecting solar heat.
Cost Reduction: Investing in energy-efficient shingles helps lower your utility bills over time.
3. Insurance Benefits
Storm Damage: Check with your insurance for coverage on storm damage. A professional inspection can reveal damage that’s not visible from the ground.
Insurance Reimbursement: If covered, insurance can reimburse you for repair expenses, making the investment more affordable.
4. Roofing Contractor Savings
Off-Season Discounts: Schedule your roof replacement during contractors' slow periods to save 10%-15% on the project cost.