So, you’ve decided to list your home for sale. There are plenty of things you need to consider first, including whether you need to repair or replace your roof. Since your home’s exterior is the first thing a home buyer will see, the condition of your roof can make or break first impressions. A few missing shingles may not discourage them, but if your roof is in dire need of repairs, this may drive potential buyers away.
Here’s why it’s best to have your roof worked on before selling your home.
Boosting Your Home’s Resale Value
According to Remodeling Magazine’s 2019 Cost vs. Value Report, an asphalt shingle roof replacement increases home resale value by an average national cost of $22,636. Not only that, but the report also revealed that homeowners who install a new roof can expect to recover an average of 68.2%. While you might not see a 100% return on investment, a new roof can attract plenty of interested home buyers.
Avoiding Issues in Pricing
Before putting your house on the market, be sure to have it inspected by a professional roofing contractor. If your roof has sustained damage, be sure to have it repaired right away. If you get a new roof, you’ll have the upper hand when it comes to negotiating with prospective home buyers. You can even use the new roof to justify your pricing. However, if the roof was not repaired or replaced, the buyer may call the shots based on its poor condition.
Making Your Property More Marketable
A brand new roof allows you to make your property more marketable. For instance, if you invest in shingles that reflect solar heat, you improve your home’s energy efficiency, which is one of the many considerations home buyers look for. You may also invest in asphalt shingles that mimic the look of authentic wood shakes or slate tiles just to boost your home’s aesthetic appeal. Either way, a roof replacement can be used as leverage to attract home buyers and convince them to choose your home.
For more inquiries regarding your roof or siding, get in touch with the experts in Winfield Builders! We are determined to assist you with your exterior home improvement projects. Call us today at (301) 370-7925, or fill out our contact form to set an appointment. We serve homeowners in and around Annapolis and Columbia, MD.