A new roof is not a small investment – but after all, it does protect your largest investment, your home. No matter the type of roofing material you choose for your new roof – from asphalt shingle to tile to metal – you may be pleasantly surprised to learn that there are financial benefits to putting a new roof on your Venice home.
Here is a sampling of some of our favorite discounts, warranties, and financial perks associated with re-roofing your home, adding to your new roof value.
Keep In Mind: If you have just built a new home, these perks will also apply to you – use this list to ensure that you are taking advantage of all the financial benefits of a brand new roof.
Add to Your New Roof Value
- Insurance Discounts: Virtually every insurance company will give you a discount when you put a new roof on your home. Whether you have just purchased a home or you are re-roofing, be sure to check with your insurance company to find out how much you can save once construction is complete. If they will not lower your premium, shop around! And don’t forget that even repairing your roof and having it certified may lower insurance costs. Additional insurance discounts which may apply depending on the roof you have installed: Metal roof discounts (fire and impact resistant) and the fire-resistant roof discount.
- Energy Star Tax Incentives: An Energy Star Roof will help to reduce energy costs and is a greener option for energy consumption. The reflective properties of Energy Star roofs deflect sunlight and reduce heat, allowing your air conditioner to run more efficiently, which also allows you to save on your energy costs. You may qualify for a tax benefit for installing an Energy Star Roof.
- New Roof Warranties: Be sure to ask your Venice roofing contractor about available warranties with your new roof. You should be able to obtain a workmanship warranty, as well as a materials warranty. Both of these will allow you to fix unexpected problems with the roof without additional cash outlay, within certain parameters. If you have any questions about how warranties work and what exclusions there may be, ask your contractor before installing the new roof.
- Increased ROI: If you are looking to sell your home in the near future, a new roof is one of the best home improvements you can make. Not only will your curb appeal be greatly enhanced, but prospective buyers will have the peace of mind of knowing that they will not have to worry about the roof for decades – making your home more desirable than comparable homes with older roofs. They will also be able to obtain cheaper insurance, again making your home the attractive choice. But perhaps one of the best reasons a new roof is a great investment before listing your home? Studies show that you are likely to get a virtually 100% ROI on the roof construction cost, the highest among possible home improvements.
Let’s recap – your new roof value includes a strong ROI, eligibility for warrantied work, application for several insurance discounts and breaks on your premium, and tax benefits when you install an energy efficient roof. All together, this makes your new home value far more than the money that came out of your bank account – plus it will keep your home safe and dry.
To discuss the roofing options, styles and materials that are likely to save you the most money, speak to the Venice roofing experts at Kingdom Roofing. We will explain all of your possible choices, and help you make the best decision for your family.
