If you plan to install a new roof, you'll be making quite the wise investment. A new roof will offer many benefits that easily justify the costs. This is true whether you're upgrading an aging roof or replacing one due to roofing hail damages or other problems! Here are three benefits of installing a new roof you should be aware of.

1. A New Roof Can Add Value

Between 2023 and 2033, Credit Karma estimates that 2.3 million single-family homes in the U.S. will need professional roof replacements. Keep in mind that a new asphalt shingle roof offers a 61% return on investment, and a metal roof offers a 49% return on investment. No matter what roof material you choose, you can increase your property value. This means that when it comes time to sell your property, you may be able to command a higher price. Folks know that roofs are expensive to replace, so many buyers will pay extra for a home with a roof that's new or still in great condition. On the other hand, if a roof is reaching the end of its life, the potential buyers may want a steep discount.

2. A New Roof May Shrug Off Local Risk Factors

It's smart to keep local weather conditions and other factors in mind when selecting a roof. Some roofs are more prone to things like roofing hail damages than others. It's smart to work with local contractors to determine what roofs work best in your area. The right roof could lower maintenance, repair, and upkeep costs.

3. A New Roof Could Slash Utility Bills

According to Home365, you can reduce peak cooling demand by 10% to 15% with cool roofs, owing to better insulation from the heat. Some roofs will cut heating bills in the winter as well by offering better insulation. The savings you enjoy on your utility bills each month can help roofs pay for themselves.

Whether your roof is wearing out or has suffered roofing hail damages, get in touch with our reliable team at Everlast Exteriors Of Illinois Inc to learn more about the benefits of a new roof. We're ready to help you with your property and handle the work with care for the safety and comfort of you and your family.