How Much Value Does A Metal Roof Add

Metal roofs continue to be a growing trend and we don t mean the corrugated panels you might see on a backyard shed or what the b 52 s had in mind when singing tin roof rusted.

How much value does a metal roof add.

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. In general installing a new roof can add resale value and has consistently high returns on investment. Photo courtesy of american metal roofs get quotes from up to 3 pros. The average total cost of a premium metal roof including materials and.

If you install a metal roof you ll pay 38 600 and may get a 23 507 boost to home value. Having a home s roof be solar ready can add value to the home. 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. According to remodeling magazine s 2018 cost vs.

Pump up the hvac. The fact that most metal roofs come with a 50 year limited warranty should give you peace of mind in your 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. Value report a midrange roofing replacement has a 68 4 percent roi.

However a metal roof is comparable in price. 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. Long popular with commercial builders the metal roofing market expanded to residential homeowners in recent years making it a 3 3 billion industry in north america in 2017 with a projected value. Metal roofs aren t cheap and installing them can be an intricate process requiring skilled tradesmen.

In the end you re spending more money on a metal roof but getting less of your investment back. 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. Enter a zip below and get matched to top rated pros near you. Replacing a roof recovers 105 of its cost at resale according to nar.

A house sitting there at 250 000 with a brand new roof is going to bring more value than the house sitting next door that s the same floor plan with a 15 year old roof russell added. The resale value of metal roof.