Replacing Your Worn-out Roof is the Number 1 Exterior Renovation Project

February 01, 2018

National Association of Realtors Impact ReportMany homeowners plan ahead for remodeling projects so that they can put aside funds from their monthly budgets. When it comes down to deciding where to spend those home maintenance / improvement dollars, the question is often what needs to be done first to protect the home, and offer comfort and enjoyment.

Realtors have insight into what renovations bring the best return on investment in terms of home resale value. But even if you aren't planning on moving any time soon, the information can help you decide which project to take on. Of course, the potential value of the project may be secondary, if you have an issue that needs to be addressed to protect your overall real estate investment. For example, if you have a worn-out roof or leaky windows, the integrity of the building structure could be put at risk over time.

House Logic, a website associated with the National Association of REALTORS® conducts and annual survey of REALTORS® and homeowners and tabulates the data in the Remodeling Impact Report.

The 2017 report is based on a survey of 2,287 online respondents. It found that over 75% of people who take on renovation projects feel a major sense of accomplishment when the project is finished, and 36% of homeowners report the "single most important result from remodeling is better functionality and livability."

Realtors rated new roofing, new windows, new garage doors and new siding at the top of the list for exterior projects in terms of their appeal to home buyers. At the top of all exterior projects was a new roof. The survey ranked a new roof as the number 1 exterior project to appeal to buyers, as well, a new roof was the number 1 project likely to add value to the home for resale.

"If the roof is leaking, buyers won't get beyond that," says Ron Phipps with Phipps Realty in Warwick, R.I. "I don't care how awesome the kitchen is... I was with someone recently who was going to spend money to remodel their bathroom. But the roof is two layers and 30 years old. Knowing the roof needs to be replaced is a much bigger issue than living with a functional, but dated, bathroom." (Which Home Improvements Pay Off, HGTV)

If you've been monitoring the state of your roof and have noticed worn surfaces, turned up shingles, discoloured shingles, and asphalt washed out in the roof drainage, then it's time to plan for a roof remodeling project. 

Even before you call in a roofing contractor, it's a good idea to learn about roofing materials, styles, and options so that you can choose the right roofing system for your home or cottage.

We invite you to learn more about the benefits of metal roofing on our website. Hands-down you'll find metal roofing is the superior material on all fronts: durability, longevity, energy efficiency, sustainability, weather protection, and style!  All of our metal roofing systems feature coordinating trims, fasteners, closures, caulking and flashings—everything you and your contractor need for a proper installation without all the guesswork!

In this informative brochure 'Make the Move to Metal' you can compare metal roofing properties against standard materials such as asphalt and wood.

Once you know more about material options, it's time to consider the style and colour that would best suit your exterior design. We have an online tool that can help you picture the end result. Use one of our project photos, or upload a photo of your building, and try out different Vicwest metal roofing profiles and colours. Visit our visualizer website to start a project.

If 2018 is the year for a new roof, we hope you find this information helpful.

 

Vicwest Building Products is a leading North American manufacturer and distributor of building products such as steel roofing, steel cladding, metal decking, architectural panels, and other quality building systems for residential, commercial, and agricultural structures. Contact us for more information or to find a building supplier or sales office near you.

 

Topics: Residential

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