WHAT’S THE VALUE OF A ROOF REPLACEMENT?

It is important to create a positive first impression when selling your home. This is usually done by making sure that the front of your house is clean, neat, and tidy. The roof is an important part of your home and any damage or wear will be noticed by potential buyers. They will also advise them about the extra cost of having it repaired or replaced. A buyer doesn’t want to purchase a property with a damaged roof. Having a well-maintained roof will make a better first impression and increase the value of the home.

Although it is obvious that a roof replacement can be expensive, it is worth considering the potential negative effects on your home and chances of you selling your home as well as the value it could add to your home.

Damaged or worn roofs can lead to the following:

Less Offers:

A home that is in dire need of repair or replacement will not be as appealing to potential buyers as one with a new roof. You can make your home more appealing to potential buyers by replacing your roof. It will also improve curb appeal.

A longer sale process:

Buyers might be interested in the property, but they may request that the roof is repaired or replaced before closing the deal. They might also be interested in negotiating the price. This can slow down the process and cause it to become lengthy and tedious.

Selling for less

The additional cost of replacing your roof means that buyers won’t bid as high as you want and may settle for a lower price.

How can your roof add value to your home?

Although many homeowners don’t see a return of 100% on their investment in replacing their roof, the odds of selling your home at the full asking price are much higher.

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A partial re-roof can increase the value of your house.

If your roof is severely damaged, this option is available. However, you should remember that partial re-roofing cannot be done more than once before an uneven slope will occur.

Increase the value of your home with a new roof

There are two options when it comes to replacing your roof: tear-off or roof over

Tear Off

Professional roofing contractors can complete this process, which involves the entire roof being removed and replaced. This is a major selling point for buyers. It allows you to ask for more for your home than if you had the roof in its original condition.

Roof above

Although this is cheaper than a complete roof replacement, it involves the installation of a new roof over the existing one. This method can still be an option, depending on your budget. However, it will give the same exterior appearance as a full replacement.

This post was written by Ted Williams! Ted is the owner of A Old Time Roofing which offers roofing in St Petersburg Fl. Ted is a Master Elite Weather Stopper GAF Roofing Contractor, a double award winner of Best Steep-Slope Contractor from GAF and achiever of Master Elite Consumer Protection Excellence from GAF. He has been serving the Pinellas County area since 1978.  Old Time Roofing has a tradition of quality workmanship, servicing residential and commercial properties.

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