New Roof #1 Exterior Project
Whether you’re upgrading your home exterior for yourself or to make your house more attractive to potential buyers, start by looking at your roof.
According to the 2019 Remodeling Impact Report, the roof is the #1 exterior project for a home. This means that a new roof is ranked highest in the form of a project’s appeal to a buyer plus the highest ranking project that will likely add value to a home for resale. And, it’s important to note that a new roof beats out new vinyl windows, vinyl siding, garage doors, fiber-cement siding and a host of other valuable home improvement projects.
How People Feel About a New Roof
Sponsored by the National Association of the Remodeling Industry (NARI) and the National Association of REALTORS® (NAR), the late 2019 report analyzes 20 different remodeling projects. The study results are based on feedback from owners regarding their “Joy Factor,” from REALTORS® with respect to cost recovery at resale, and from NARI members regarding remodeling project fees.
After completing a new roofing project, the study shows that 65% of owners have a greater desire to be in their home since completing the project. 44% have an increased sense of enjoyment when they are at home. And, a whopping 75% of homeowners feel a major sense of accomplishment when they think of the project. Overall, that brings them to a Joy Scale of 9.5 (out of a possible 10 points).
The study also shows that the top two reasons owners decide to tackle a roofing project for their home are:
1). To upgrade worn-out surfaces, finishes and materials (61%)
2). For a change (15%)
And, not surprisingly, new roofs help sell homes. According to the study:
- 39% of REALTORS® have suggested sellers get a new roof before attempting to sell their home
- 33% of owners said that having a new roof helped close a sale
- 50% of owners said that after completing the project that the most important result was having durable, long-lasting results and materials.
Composite Roofing Sells Homes
So how does this study relate to your situation? If you have plans to sell your home in the future, consider investing now in a composite roof that has exceptional curb appeal value. Additionally, composite roofing, like those roofing materials available from DaVinci Roofscapes, are impact-, fire-, insect,- high wind- and algae-resistant. Those can be key selling points when positioning your home in the marketplace.
No matter where you are located geographically, a solid roof overhead can be an asset when selling your home. To help you quickly understand the pros and cons of different roofing materials, we’ve created a Roofing Comparison Overview Chart. Here you’ll find out how DaVinci Roofscapes products “stack up” to other type of roofing materials, like asphalt, metal and concrete.
If you have more questions, visit the Support Section of our website, or contact our support specialists. At DaVinci Roofscapes, we want to help increase your Joy Factor with an attractive and reliable composite roof.