There are a lot of perks to getting a new roof—for homeowners looking to sell, increasing their home’s value is one of those benefits. If your roof is only a few years old, this shouldn’t be a concern, but an old roof can really negatively impact your asking price and how quickly the home will sell. When considering installing a new roof before selling your home, consider the following:
New homeowners don’t have to pay for replacement
If the buyer will have to pay for roof repairs or a replacement, you’ll have to lower the asking price of your home. When potential buyers see a damaged roof, they think of it as just one more expensive project to take on. They won’t pay a high price if they have to put a lot more money into the home once they buy it.
Boosting curb appeal
Brand-new roofs and undamaged shingles really increase a home’s curb appeal. This makes the home look newer and nicer, which is very appealing to prospective buyers. A damaged or unsightly roof isn’t inviting or comforting to those viewing your home. The nicer the home, the higher the asking price.
Choosing more durable materials
Potential buyers will like the fact that the new roof is made up of stronger materials, whether it’s a shingles or metal roof. Roofing products are always improving, so the newer the roof, the newer and stronger the materials. It also tells them that a roof replacement isn’t a cost they’ll have to worry about until many years down the road. Metal roofs, as long as they’re maintained, last longer than shingle ones, so that’s something to think about as well.
Showing the home has been taken care of
If your roof is in bad shape, prospective buyers will only wonder what else is wrong with your house. Taking care of a huge exterior portion of the home shows that you’ve put time and money into it, which is a good sign for the rest of the house.
The good thing about installing a new roof before selling your home is that you’ll get a high return on your investment, so the cost isn’t something you should be stressing over. It’s unlikely that you’ll get 100% of your money back, but experts in the field have found that homeowners who invest in a new roof get an ROI of around 60%.
Roofing season is in full swing, so call to get on our schedule and get your new roof installed. Weathersafe Restoration has been serving the Twin Cities and Western Wisconsin since 1994.