Therefore you will have only paid 7 244 which you may not get back in home value.
Metal roof house value.
Metal roofs are expensive but they re incredibly durable and can last 50 years or more.
They re common in areas where there is a lot of snow as the slippery surface sheds snow easily.
A metal roof is made out of connecting sections of metal roofing cut to fit your home.
More specifically installing steel shingles on a 2 000 square foot roof costs about 15 000 to 25 000 modernize says.
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Additionally you ll recoup an average of 85 9 percent of.
Therefore you will have paid 15 093 that you may not get back in home value.
The consensus among builders and real estate experts is that having a metal roof can increase the overall value of your house and drive buyer s interest.
A copper roof costs about 23 000 to 48 000.
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On average a metal shingle roof ranges from 7 to 10 per square foot installed while a standing seam metal roof costs between 10 and 12 per square foot installed.
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Using this example even a metal roof install costing 20 000 would save 10 000 in the long term thus adding a higher value to the home than the cost of the investment.
A contemporary metal roof on a home can improve that home s resale value by 1 to 6 percent when compared with an asphalt shingled home.
A home with a metal roof would add the value of each of those prevented repair cycles to the home s value even if the initial installation cost is higher.
The national average cost of a metal roof is about 16 500 according to the mra.
According to angie s list a quality metal roof will increase the resale value of your home by 1 to 6 and sometimes more.
While it is impossible to ever predict the exact amount of value that a new roof will add to a home the benefits of a metal roof are things that are sought after by prospective home buyers.
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If you install a metal roof you ll pay 38 600 and may get a 23 507 boost to home value.
The average cost for a new metal roof is 11 000 but most homeowners will pay between 7 858 and 14 412 depending on the size and slope or roof and the materials chosen.
It moves on to add that if two identical homes were for sale and one of them had a metal roof the home that would never need a new roof would sell for more money.
For a standing seam metal roof of the same size you ll pay about 23 000 to 30 000.