Does a roof replacement impact your home’s value?

roof-replacement

Like many others in New Jersey, the time has come you have considered or decided to sell your home. You have spent time and money to upkeep your property and made upgrades throughout the years. Now that the time has come to sell your home, you may or may not be concerned with the roof – after all, it’ll be someone else’s problem at the end of the day, right?

The reality is that many potential home-sellers don’t realize that roofing problems can completely hurt the sale of your house.

How a bad roof hurts your sale

While a potential buyer may overlook smaller aspects like ugly interior painting and overgrown landscaping – a roof that has issues and will need replacement in the near future can be a real deal-killer. Not only that, but choosing the cheapest option available to repair or replace the roof can also lead to immediate issues!

Let’s say you choose not to disclose the condition of the roof ahead of the incoming offers – make no mistake, the truth will come out during the final home inspection. Roofing is one of the main checklist items on a home inspectors examination. Once the condition of the roof is relayed back to the potential buyer, they will either choose to back out of the deal or renegotiate the selling price.

Why replacing your roof can help your sale

If your roof is in poor condition, it can usually be identified pretty easily. In New Jersey, we receive calls often from homeowners who want to proceed with roof repair on a roof that is over 20 years old and may have serious damage. It’s our job as a reputable company to inform them, in this case, that they should consider a full replacement.

How can a new roof help the sale of your home?

  • Warranty. Having a transferrable warranty that can pass onto the next homeowner is a major selling point because it ensures the next buyer that the roof will be covered for years to come.
  • Curb appeal. First impressions matter, especially today in the age of online real estate listings. New Jersey realtors love to show off their prospective clients homes in order to draw attraction. A new roof is one of the first things that stand out when looking at a home from street view.
  • Return on investment (ROI). With a full roof replacement, you can now increase the price of your home and also avoid taking any losses because of bad roofing. According to Homeadviser, roofing typically is seen as a project that sees a high return-on-investment (63% nationally).
  • Easier sale. At the end of the day, having a new roof will make your home easier to sell. You’ll get much more attention from potential buyers just on the aesthetics alone.

https://www.homeadvisor.com/r/add-value-with-new-roof/

  1. Homeadviser: How to increase your home’s value with a new roof

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