A new roof may not be as tempting as a kitchen or bathroom remodel, but you may be surprised to learn how much value a roof replacement can add to your home. In today’s post, we’ll provide you with some of the most recent data about roofs and home value. If you would like to learn more about our roofing services, then please get in touch with us by calling 816-228-5225 or by filling out the contact form at the bottom of this page.

Let’s start with the basics — how much does it cost to install a new roof? According to some of the most recent data, the price of a new roof in the United States is $7,473 on average, though the cost of a roof replacement in Kansas City averages out at $6,657. This price tag includes the cost of materials, labor, cleanup, and waste removal. However, additional services like protective coatings, flashing for slopes and eaves, and repairing extensive damage can raise the overall cost of your project.

Now that you have an idea of how much it will cost to replace your roof, you’re probably wondering how much of a return on your investment you can expect. Pulling from the most recent home remodeling data, you can expect to recoup up to 68.4 percent of your investment in a new roof. While the value of siding and window replacements are slightly higher, investing in a new roof is by no means a poor decision.

Let’s look at a hypothetical example to see how much a new roof would actually cost after selling your home. Let’s suppose that you spent $7,000 on your new roof — this is slightly higher than the average cost of a new roof in Kansas City, but it makes for a nice, even number to work with. Even if you only recouped 65 percent of your initial investment, you would have $4,550 back after selling your home! This means that your new roof cost $2,450 in total, which is a remarkably cost-effective home improvement project.

Why else do people invest in roof replacements? The most common reasons include:

Are you ready to get started with a roof replacement in Kansas City or any of the nearby areas? Get in touch with our roofing and siding contractors today to get started!