The first thing that a buyer sees when buying a new home is the exterior. A crucial part of that first impression is your home’s roof. When selling your home, it is a good idea to have a roofing specialist come inspect your roof and give you an update on its condition. While a couple of cracked shingles probably won’t scare off a buyer, a roof that is in poor condition is something that probably needs to be taken care of before a house is listed. While replacing a roof is expensive and seems like a huge investment, especially for a house that you’re planning to sell, having a new roof can positively affect the sale price of the home. In fact, leaving your old roof that isn’t in good condition can actually have some negative effects, such as:
- Fewer offers
- Longer sale process
- Reduced offer price
A New Roof and Your Home Value
It is important to note that a new roof increases home value but seeing a 100% return on investment is rare. However, that doesn’t mean that replacing your roof before selling is a bad decision. A roof replacement leads to multiple positive effects:
- Easier to get full asking price
- Less time spent on the market
- Smoother negotiation process
Two of the most widely used roofing materials are asphalt shingles and metal. A common return on investment (ROI) for an asphalt shingle roof replacement is around 68.2% while the ROI for a metal roof is 60.9%.
Should You Replace Your Roof Before Selling Your Home?
If you think that your roof will lead to issues while trying to sell your home, it would be a good idea to replace your roof. If your roof is experiencing the following problems, it may be time to have your roof replaced before selling:
- Cracked shingles
- Buckling shingles
- Leaks
- Sagging roof
- Recent wind or hail damage
Contact a Roofing Specialist at Home Re-Nu
If you are looking to replace your roof before selling your home, contact a roofing specialist at Home Re-Nu to learn more about a roof inspection and our replacement process!