Metal Roof Return On Investment
However a metal roof is comparable in price to tile roofing or cedar shake.
Metal roof return on investment. A metal roof can substantially i mprove the curb appeal of your property which is a major draw for buyers along with energy efficiency. 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. There are of course cost implications in the durability of metal roofing that affects its return on investment. In the end you re spending more money on a metal roof but getting less of your investment back.
If metal roofing were to warrant roofs to the same service life standard the warranties likely would run to 60 years. Homeadvisor s metal roof vs shingles guide compares pros cons differences and costs of metal shingle or panel roofing versus asphalt shingle roofs. Abc s superior quality panels help extend the life of your home s roof and our broad spectrum of colors finishes and gauges give you the beauty and comfort you expect. The fact that most metal roofs come with a 50 year limited warranty should give you peace of mind in your investment.
A metal roof can improve a home s resale value by up to 6 percent compared to standard shingles while the roi on metal roofing hovers at around 86 percent. 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. Metal roofing is equivalent in cost to other premium materials from about 150 to 600 per square 100 square feet. Resale value and roi may not be as high if the style and color do not fit buyers tastes or the aesthetic of the area.
Not only is your roof the single largest component that keeps your home and possessions safe and dry but it s also one of the biggest financial investments you ll. The decision to put a new roof on your home is one of the most significant investments you can make into your property. For the most part metal roofing manufacturers have improved their products to address or solve many of these concerns. A metal roof can substantially i mprove the curb appeal of your property which is a major draw for buyers along with energy efficiency.
It can raise resale value and have a high return on investment. When properly designed and installed our cool metal roofs can reduce energy consumption providing cost savings and immediate return on your investment. Maximize the return on your investment with a metal roof. 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.
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.