How Much Value Does A New Roof Add To A House Uk
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.
How much value does a new roof add to a house uk. The long answer is yes but you probably can t match dollar for dollar. 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 an article by thisismoney co uk a new roof can return up to 63 on your investment beating the value offered by a new kitchen or bathroom. Remodeling s 2018 cost versus value report confirms a homeowner can expect to get 66 to 69 of the cost of a new roof back in home value.
This increase in value depends on several factors including the style of the new roof how it architecturally enhances your home and the location of your property. Add the extra curb appeal you get with a new roof and now you re able to see why replacing the roof should be a higher priority on the list of projects for your home. But you will claw this money back when you come to sell your home at least that s our experience. A new roof will cost you thousands of pounds.
So how much value will a new roof add to my property. That works out to 68 percent of the investment. Yet other research has found that a new roof adds much more to the appraisal value.