Asked by: Naoufel De Rivaasked in category: General Last Updated: 25th February, 2020
Does a slate roof add value?
Considering this, how much more does a slate roof cost?
Average cost: $11,000 - $24,000 The average roofing installation price for a slate tile roof costs anywhere between $11,550 to $24,000 depending on the slope, pitch, and size of your home's roof. You can expect to pay $9 to $16 per sq. foot or $900 to $1,600 per square installed on a standard sized single story home.
Also, how does a new roof affect home value? Value Report, a new roof increases home resale value by a national average of nearly $12,000. The survey also revealed that homeowners who have new roofing installed can expect to recover an average of 62.9% of the installation cost through increased home value.
In this manner, should I keep my slate roof?
Slate roofs (like all roofs) should be inspected annually. Cracked, broken, loose or missing slates should be replaced as soon as possible by a roofer experienced in slate work. With a service life ranging between 75 to 200 years, slate is the most durable of all roof coverings.
Does a new roof add value to your home 2019?
Remodeling's 2019 Cost vs. Value Report found that the average American homeowner spends $22,636 on a new asphalt shingle roof of midrange quality. That new roof will increase the home's value by $15,427, on average. That works out to 68 percent of the investment.