Roofs are usually replaced when they’ve become old, damaged and unsafe, and whether you plan to remain in the building or wish to sell it, having the roof replaced in such instances, is usually a necessity. However, while you might see this as an expense you can do without, if you are planning to sell your home (now or in the not-too-distant future), a new roof could boost its value, and even help you to sell it quicker.
Determining whether your home needs a new roof
Evaluating the current condition of your roof is essential before any decision can be made as to whether the roof should be replaced or repaired, and if any issues are detected during a professional inspection, these must either be addressed before selling, or highlighted to prospective buyers. Most buyers will not want to take on a property that requires any work to be carried out to make the roof safe, hence having it repaired or fully replaced before selling, can make your home more desirable.
Even if your roof has some life left in it, replacing it might be the wise choice
The average asphalt shingle roof has a life expectancy of between 20 and 25 years under normal conditions, but is no guarantee that it will actually last that long. Even if your roof doesn’t have any major damage and appears to be in relatively good shape, if it’s nearing the end of its lifespan, this could prove to be a negative factor for potential buyers, who know they will soon be faced with the expense of a replacement roof.
Check out the local real estate market
You might find it beneficial to talk to a local realtor about property prices in your area, and ask them whether they believe a roof replacement will increase your chances not only of selling your home, but of selling it at a higher price. Could a newly reroofed home make yours stand out over others of a similar price in your locality?
Think carefully about what materials to use for your new roof
You might think that upgrading your roof and having it made from a high-end material such as slate or clay tiles would instantly make your home look more appealing to buyers, and increase its value, but this isn’t always the case. If other homes in your area have asphalt shingle roofs, then you run the risk of making your property stand out for all the wrong reasons; continuity is often important when it comes to roofing, and many homeowners want a uniform look to help improve the overall appearance of the neighborhood. Choosing a less expensive option will also help boost your chances of getting a great return on your investment, when it comes to selling your home.
In the majority of instances, replacing a roof proves to be a huge selling point for buyers, and while it can’t absolutely guarantee that you’ll sell your property for more, it is often the case when the work is carried out professionally, and to a high standard.