Your roof and the value of your home: Is your old roof making it hard to sell your home?
Do you have a roof that’s over 15 years old? Have you considered getting it repaired? You should, because repairing an old roof will make it easier to sell your house. Let’s discuss how your roof affects the value of your house and why it’s so important to have it repaired or replaced.
Many homeowners are aware that replacing the roof will give them more options while negotiating the sale of their property, but balk at the cost of the roof repair or replacement, which can be thousands of dollars. This is a major sticking point. So should you go ahead with the roof repair?
According to Remodeling Magazine, the return on investment (ROI) on a roof replacement varies from 53.4% for a full roof replacement to 61.7% for a minor roof repair. So, yes, going for a roof repair is worth it.
If you’re still not sure, do your research on the latest trends in your local housing market. Get your roof inspected by a roofing specialist to get a clear picture of the state it’s in. The roof inspection will reveal if there are any issues with the roof, major or minor, that would give you a good idea of how much the roof repair or replacement would cost.
Why spend money on a roof repair or replacement? The reason is obvious. A new roof can help you sell your house more quickly. If your house is perfect in all other aspects but has a leaky or worn-out roof, that affects its value in the housing market. A well-maintained home with a new roof will certainly fetch a much higher price.
Now, the cost of the roof repair depends on the roofing contractor you hire. Get quotes from two or three of the leading roofing contractors in your area. This will give you a better idea of whether to go for a full roof replacement or just an extensive roof repair.
You should make it a point to get the roof certified by the roofing specialist for three to five years and get maintenance done on a regular basis. This will be valuable during your negotiations with a home buyer.
If your roof is old and nearing the end of its useful life, it’s better to get the roof replaced before selling the house. Selling an old house is hard enough as it is, and it is so much more difficult when you have an old roof.
We are a family operated business that specializes in roof repair, conversions, over layment and replacements. We take pride in the services that we provide and make sure that all of our customers are satisfied before the project is complete.