A typical all-perilshomeowners insurancepolicy does cover your roof and the cost of replacing it if it gets damaged. That's the good news. But usually, you're covered only if the damage or destruction results from a sudden accident or act of nature. Problems that ensue from general wear a...
A new roof can add value to your home and increase the kerb appeal for future buyers. Replacing tiles can bring your roof back to life and improve the look of your home - pair it with a new exterior pain job, and your home will look as good as new. ...
Insurance companies can require homeowners to pay for a roof inspection prior to agreeing to insure a residential or commercial property. Roofs are among the most expensive parts of a building to replace, and some insurers refuse to insure buildings with roofs that are in a state of disrepair...
Owning a home provides you with more than just a roof over your head. It’s a major financial asset that usually increases in value over time. Your home’s value affects how much equity you have, which can be borrowed. This can come in handy when you need cash for major expenses such...
Does Renovation Increase Home Value? Budgeting for Home Renovation Cost Methodology House Renovation Cost Calculator Let's calculate cost data for you. Where are you located? Calculate National Average$52,303 Typical Range$19,501 - $88,413 ...
If your home is burglarized, your policy will cover both the cost of replacing lost belongings and repairing damage caused by the break-in. A standard policy will cover theft whether the item was stolen from your house or elsewhere, though they're covered differently. Personal property taken fr...
windows, do qualify as capital improvements. Renovations that are necessary to keep a home in good condition are not included if they do not add value to the asset. Examples of such non-qualifying repairs, according to the IRS, include painting walls, fixing leaks, or replacing broken ...
If you’re replacing old siding If you’re replacing old material instead of installing siding on a new home’s bare sheathing, you’ll pay additional costs for labor and disposal. Exactly how much more you’ll pay depends on what the old and new siding is made from, but generally, repl...
Replacing a roof is never inexpensive, and installing a metal roof is, at the outset, one of the most expensive options. This doesn’t mean there aren’t ways to save, however. Some savvy questions and choices can make writing the check a little less painful. ...
Your heater and air conditioner will have to work harder and use more electricity to keep your home at a comfortable temperature. Insulating your walls will increase your home’s efficiency. Adding roof and attic insulation, and adding weatherstripping to doors and windows, also will cut down ...