ROI of Installing a Metal Roof on Your Property
When homeowners make sizable investments in their properties, they do so with the intention of getting a good return. One of the largest investments in home-improvement is a new roofing system. Traditional asphalt shingle roofs may have to be replaced two or three times – or more – during the years one lives in one’s home. These roofs deteriorate relatively quickly and provide no real return on investment (ROI).
Metal roofs, on the other hand, are experiencing a great surge in popularity because the ROI they provide is substantial. Before you run out and spend thousands on a new shingle roof, consider the benefits of metal roofing.
Longevity
Depending on where you live and the local weather, it’s not uncommon to need to replace an asphalt shingle roof every 12 to 15 years. In addition to the cost of the new roof, you’ll likely have more out-of-pocket expenses in repair work as the roof ages and you keep trying to hold it together for as long as possible. This is anything but a good return on investment.
Metal roofs don’t need replacing as often as traditional roofs. In fact, metal roofing material typically keeps performing well and looking great for 50 years or more. Additionally, because of the inherent strength of metal roofs, homeowners won’t be facing costly roof repairs every five or 10 years.
Weather severely affects most types of roofs by causing constant thermal expansion and contraction. This wreaks havoc with traditional asphalt shingle roofs. Metal roofs, however, do not expand and contract with the weather. They don’t chip, crack and break, and they sit securely in place even in winds up to 140 miles per hour.
Resale value
When it’s time to sell your home, a metal roof can bring additional positive ROI. Buyers appreciate a strong, stable, durable roof that maintains its appeal year after year. They also like the fact that metal roofs are resistant to fire and termite damage. On top of that, metal roofs are known to lower heating bills, and every homebuyer likes the idea of moving into a new home and saving money right off the bat.
Some industry experts estimate that homes with metal roofs, with all other things being equal, can enjoy up to a 6 percent increase in selling price.
Lowered cooling expense
As noted, metal roofs help keep homes cool in hot weather. Contrary to popular misconception, metal roofs actually deflect the hot rays of the sun rather than absorb them. Conversely, asphalt shingles, clay tiles and most other roofing materials produce in the home about the same effect as lying under a blanket at the beach. ROI with metal roofs includes a savings of up to 40 percent on cooling costs.
Advanced Aluminum of Lakeland, Fla., creates strong and attractive metal roofing materials in a wide range of styles, colors and shapes. If it’s time for a new roof, talk to us first to get the facts. Reach us at (863) 648-5787, or pay us a visit at 2941 Parkway St.