Will A Steel Roof Add Value?

I've recently heard ads on local radio making claims that homes with steel roofs will sell faster and for more money.  This may be partially true.  A home for sale with a steel roof versus a home that clearly needs roofing attention will sell faster.  However, over my nearly 27 years selling Kitchener Waterloo real estate, I can say I've yet to have a buyer place any added value on a home with a steel roof.

As to cost, I've heard as much as $18,000 to do a steel roof while a comparable roof with a fiberglass shingle would cost about $6000. 

My advice is this.  If you plan on staying 50 years, then a steel roof makes sense.  If resale is somewhere on the radar, use fiberglass and save your money as this claim from here looks to be purely marketing.

Wondering which renovations offer the best payback on resale? Talk to a local Century 21 Realtor to get the straight goods.

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Jeff Gingerich

Jeff Gingerich

Sales Representative
CENTURY 21 Home Realty Inc., Brokerage*
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