Selling your home is exciting, it can bring new beginnings and be financially beneficial. But on the other hand, there is so much more to selling your home than you think! A lot of factors go into this kind of action, it’s not so easy to sell your property, and even harder to sell it for your desired price, so before you even put it on the market you need to consider a couple of things beforehand! You need to understand that the better the shape, the better the price, so your house needs to look on point, fixing it up can enhance your price by a lot! Here’s how getting a new roof can raise the value of your home!
How much can a new roof help?
In some cases, a new roof won’t help much when it comes to raising the value, but in others, it might be crucial. Most real estate agencies think that a new, or at least an improved roof can improve the price of the home and help place the home higher on the market. Buyers are more likely to get a house that needs little to no renovations, and a home that already has a good roof is more appealing than one that doesn’t! It might not raise the price of your home drastically but it will put your home in a better place as a lot more people will be interested in it!
Inspect your roof first
Before you jump into this process, you need to inspect your roof and see in what condition it really is. This way you can plan out your renovation and see if it’s even worth fixing or not. If your home is a bit older and you haven’t touched up your roof in a while, you might want to do so before deciding to place your home on the market. It all depends on the type of roof you have and the material, as it will determine how often you should replace it. Regardless if you have a new or an old roof, you still need to thoroughly inspect it before deciding to sell your home!
Depending on the rest of the house
After you’ve inspected the roof, you also need to take a look at the state of your house and see if it’s even worth it putting the focus on the roof. This is extremely important in determining the initial price of your home as well, and how much you need to invest in order to sell your home for a reasonable price! These two types of inspections are crucial in your later decision-making!
Satisfy the buyers needs first
After you’ve looked at the condition of your roof and the condition of your home in general, you need to inspect the market – see what buyers are looking for so you can adapt to their needs! Obviously, there are plenty of features buyers want in a house and would prefer over houses that don’t have them but a solid roof is just a basic necessity for so many reasons! In the buyer’s eyes, safety and comfort always come first, so if your home is safe your chances of selling the house go up by a lot! No one wants to buy a house that has a lot of cons and acts more like a project than anything – homes that are ready to move into are treated the best on the market!
Freshen up the shingles
If you want to bump up the chances of your house being sold quickly, you can always freshen up your roof and not completely replace it! Depending on the current condition, you can pick out a new set of shingles and just freshen up the roof, especially if everything else is in mint condition! As you can see from this Redding based roofing company there are so many roof materials and different kinds of shingles! Obviously, if you change the quality of your roof, add better shingles you are instantly increasing the value of your home – it’s as simple as that!
Depending on how old your roof is and how often you’ve touched it up, the material can play a big part in the value of your house! There are certain types of roof materials that are generally better to have, even on paper – buyers would look at it and prefer this kind of roof over the others! So switching to a metal roof might not be a bad idea, but laminated shingles are just as good. In this case, you are looking to increase the value of your home without losing too much money in the long run – since you want to sell the home and not live in it, there is no reason to invest a lot of money. So if the metal roofing isn’t as cost-effective, switch up to more cost-effective options! You’ll still get the benefits of a new roof regardless of the material, it’s just that some are better on paper than others!
The legal side of things
Bottom line is, you need to disclose to your potential buyers that your roof is new, old, damaged, renovated, and similar. It all comes down to the area or state that you live in, sometimes this information is mandatory and is always disclosed to the buyer! There is a certain roof certification that shows the interested buyer that the roof is in good or functioning condition, this can also be proven by a roof inspector. So you should never lie to potential buyers that your roof is in better condition than it is, it’s not ethical and it’ll just bring you nowhere. It’s best that you at least renovate it a bit if you can’t replace it fully and disclose the condition with those who are interested in the house!
At the end of the day, buyers will naturally gravitate towards houses that are in better condition, so they are more likely to pay a bit more if the house is in great shape! No one wants to tangle themselves in big renovation projects and more fees when they can choose a home that’s ready to be moved into! So this is enough reason for you to invest in fixing your roof before placing your home on the market!