As a homeowner, installing a new roof is one of the best ways to increase your home’s value.
When choosing a premium roofing system, the benefits are even more fantastic!
Luxury roofs are durable, beautiful, incredibly long-lasting, and totally customizable.
Most high-end systems are also far more environmentally friendly than asphalt shingle roofs.
This blog will show how luxury roofing also provides homeowners with a monetary incentive.
Here are the six ways a luxury roof increases your home’s value:
1. Resale Value
Let’s start by addressing the most obvious question: how much higher will my resale value be after installing a new roof?
Let’s break it down.
Looking at the value of a new roof in general, this National Association of Realtors Remodeling Impact Report is incredibly instructive.
Compared with other exterior modeling projects, new roofing had the #1 score regarding a return on investment.
As for the exact numbers, the NAR found that a new roof nets homeowners a 100% return on investment, meaning that a new roof pays for itself.
So yes, regardless of which option you choose, a new luxury roof is certain to be a worthy investment in your home’s value.
2. Savings in Energy Costs
Even if you never sell your home, a luxury roofing system will help you save money on energy bills.
To demonstrate this point, let’s look at some statistics.
If a homeowner chooses a metal roof, they can see savings of up to 40% on their energy bills, according to this study by the Metal Roofing Alliance.
Further, if a homeowner chooses a metal roof with a reflective color, they may be eligible for a tax credit of 10% of your new roof’s cost!
As for Clay tile, a study from the Department of Energy's Oak Ridge National Laboratory has found that tile roofing decreases heat transfer to your home by 70% when compared to asphalt roofing.
When looking at these two figures, it is easy to see how choosing a luxury roofing system can save you money in the long term.
3. Longevity
Another way luxury roofs save you money and increase home value is their longevity.
The typical asphalt roof has a lifespan of only 15 to 20 years, which is only accurate with regular maintenance and repairs.
Now, let’s compare that with the most common luxury roofing materials.
Metal roofing systems last 30-45 years, and that is with minimal maintenance.
Wood shake & shingle roofs last 50 to 100 years with regular maintenance.
Both clay & slate tile roofs are powerhouses and can last up to 100 years!
We don’t know how long copper roofs last, and that is only because they can last seemingly forever!
As of 2023, there are 800-year-old copper roofs that are still working!
Luxury roofs are made to incredibly high standards, and their lifespans reflect this.
When you choose one of these systems, you are avoiding paying for multiple roof replacements down the line.
4. Durability
Luxury roofs offer stellar durability on top of having stellar lifespans.
Once again, it is easier to make our point by comparing them with asphalt roofing systems.
When an asphalt roof experiences drastic changes in temperature, the roof expands and contracts, damaging the structural elements of your home.
In contrast, a clay roof will expand and contract considerably less due to the nature of its materials, maintaining your home’s structural integrity.
Clay roofing is also resistant to moisture problems such as mold & rot, which are common issues in asphalt roofing systems.
An asphalt roof is also incredibly flammable, posing a serious risk for homeowners.
Looking at luxury materials, slate, concrete, metal, and copper are all naturally fire-resistant.
Luxury roofing is not just a matter of taste; it keeps you safe and protected!
5. Warranty Coverage
Warranty coverage is often overlooked when discussing the benefit of installing a new roofing system.
If you’ve had your roof for over 10 years, your manufacturer’s warranty may have already lapsed.
Beyond the time frame, other things may happen over a roof’s lifetime that voids your manufacturer’s warranty.
For example, poor workmanship from a contractor may void a homeowner’s warranty!
When choosing a luxury roofing system installed by a reputable contractor, you can rest assured that your new roof is 100% covered under warranty.
6. Curb Appeal
Finally, the most obvious benefit of a luxury roof system is the unbeatable curb appeal.
In the 2023 National Association of Realtors Remodeling Impact Report, 99% of realtors polled agreed that curb appeal was crucial for improving a home's sellability.
Not only can a luxury roof boost curb appeal and make your home easier to sell, but it can also raise your home’s resale value!
Looking to a study quoted in the Wall Street Journal, stellar curb appeal may increase a home’s value by over 7%!
Beyond the value of your home increasing, the new curb appeal a luxury roof brings can improve your quality of life!
According to the same report from the NAR, “75% of homeowners who invested in curb appeal said they were more inclined to stay home after having completed their curb appeal projects. Additionally, 59% said they found more enjoyment at home.”
So, not only can a luxury roof improve your home’s value, but it can also make you happier when you are at home!
How Ramon Roofing Can Help
At Ramon Roofing, we are Texas’ #1 provider of residential luxury roofing.
When you choose us, you choose a business with over 25 years of experience in the field.
We will guide you through the decision of choosing which system is suitable for your home.
We work with top manufacturers to offer:
And More!
If you are a Texas resident curious about luxury roofing, please leave us a message, and one of our experts will reach out to you ASAP!
Contact us today: ramonroofing.com/residential-roofing