The roof is one of the most valuable parts of your home.
Each year, Remodeling Magazine commissions a study that calculates the ROI (return on investment) for various home improvements. According to Cost VS Value 2017 for Dallas, TX region, a new roof increases the home resale value by an average of $12,211. The ROI for that investment is higher than other remodels such as backyard patio, bathroom addition, bathroom remodel and deck addition (composite).
When breaking down the value of your roof, you need to look at these components:
- Roofing Material
- Roof Age
- Roof Damage
- Roof Energy Efficiency