If you are looking into selling your home, you might be grappling with what upgrades you should focus on and which items you should leave as-is. One major project that you might not want to pass up is a new roof installation. There are plenty of reasons why a new roof would be a benefit to any home, but this can be an added bonus if you are planning on putting your home on the market in the near future. Here are five ways a new roof installation will help you sell your home in any housing market.
A New Roof is a Selling Point at Open Houses
Having new, permitted work done to your home will be a great thing to bring to light when your real estate agent meets with potential buyers. Upgrades that have been made recently can be a huge benefit to those who just want to quickly move in and not worry about large home repairs right after purchasing. Since a new roof can help with your asking price as well, having this documentation available will ease any concerns and can justify the pricing of your home.
Breeze Through Home Inspections
Depending on the type of loan and personal situation a potential buyer is coming to the table with, inspections and appraisals can make or break a sale. If your home flies through inspections and an appraisal is at or above an offer price, this can make a huge difference in streamlining the buying and selling process. If you aren't sure about the overall integrity of your roof, it is well worth it to get this inspected before you get your home on the market. This will give you a better indication if roof repairs or an entire replacement should be in order before selling your home.
Functional Upgrades Appeal to Buyers
If you live in an area of the country with storms, winds, or snow, roofs can take a beating. If you can ensure that your new roof is made of high quality materials and is done so in a way to withstand potential harsh weather, this can up your home's selling potential over other homes in your area. If you can tell that there are other homes nearby that might be in need of a roofing upgrade, this will only add to your home's durability and safety to potential buyers.
A New Roof Increases Your Home's Curb Appeal
Setting aside the need and functionality of a new roof, the look of a newly installed roof can update your home's exterior in an instant. If you can match your roof along with new paint and trim, your home can undergo a facelift in a matter of weeks. While location, size, and the interior of your home are all selling factors, the exterior of your home is the first thing potential buyers will see, and this includes the roof.
Compete With Other Homes on the Market
Remember, potential buyers are comparing homes and prices throughout their search, and anything that can give your home an edge can make all of the difference. If your home is in an area that has a lot of newer homes, major upgrades such as a new roof can help you compete with homes that may have been built more recently than yours. Alternately, if your home is in an aging neighborhood, a major roof upgrade can instantly set your home apart from others.
Whether or not you are thinking about selling your home in the near future, sometimes installing a new roof is inevitable. If you have questions or concerns about your current roof or are ready to commit to a new roof installation, contact us for any assistance we can provide for an upcoming project.
