Replace roof or not?

[Junior Francica]

Hey guys appreciate the insight and help. 

Got into my first flip and just started the rehab work. The roof of the home was redone about 5 years ago so no issues with the roof. In the original plans for the fix, the roof wasn't calculated but have already been able to save some cost in other areas and now the contractor asking if we want to have the roof redone as siding and gutters get redone because its asphalt shingles (believe that what type), essentially just really ugly. The Contractor is a personal friend and already said they would do it at cost if we wanted to add it on for 5-6k total. 

My biz partner also considering it for aesthetics and resale.  

Have you guys ever redone the outside of a home and not the roof and regretted it and vice versa, ever redone the outside AND the roof to look better and been glad you did? any insight would help. 

[Patricia Steiner]

As a Broker and Investor, I do not recommend replacing a roof for the sake of replacing a roof or for cosmetic reasons.  The purpose for being an investor is to build and preserve wealth - and over-improving is a ROI killer. I have known investors who have painted shingle roofs (a special paint is used) and the results were very good - even extending the life of the shingles. Guess who is against doing this? Roofers. Fix what needs repair/replacement and leave what you could do-but don't need to do alone.  It won't increase your return or valuation. 

Hope this helps.