The Benefits of a New Roof When Selling Your Home
When you're selling your home, there are many things to consider. You want to make sure your home is in the best possible condition to attract buyers and get top dollar. One of the most important things you can do is ensure your roof is in good repair. A roof that needs repair can be a major turnoff for buyers. It can make your home look old and neglected; some may see it as a sign that it has not been well cared for.
According to the National Association of Realtors, the average new roof costs around $7,500. However, homeowners can expect to recoup an average of $8,000 when their home sells. This makes a new roof more than worth it when sprucing up your home before a sale.
Please keep reading to learn more about how a new roof can make all the difference when selling your home.
What Buyers See When Looking At Your Roof
First and foremost, your roof's condition can greatly affect your home's perceived value. A roof that is old, damaged, or in need of repair can be a major red flag to potential buyers and make them concerned that the rest of the home is in disrepair. Furthermore, it can make someone wary of purchasing a home they may otherwise like because they don’t want to deal with the hassle and expense of coordinating a replacement.
Your roof may be worth replacing before listing your home if it has any of the following issues:
- Age: If your roof is over 15-20 years old, it may be time to consider replacing it, regardless of whether you plan to sell your home. While repairs can prolong the life of an older roof, it may not be worth it in the long run, especially if you plan to list your home within the next year.
- Damage: If your roof has significant damage, such as missing shingles, leaks, or structural issues, then it's likely worth replacing it rather than just making repairs. Considerable damage can be difficult to repair effectively, and you may start to feel like you are having a roofer out every time it rains.
- Cost: Consider the cost of repairs vs replacement. In some cases, replacing the entire roof may be more cost-effective than making multiple repairs. Please consult our roofing specialists for honest guidance on whether a replacement is your best option.
When to Schedule an Inspection
Now, let's talk about the importance of having an inspection before listing your home. A roofing inspection can catch any potential issues that may affect the value of your home or turn off potential buyers. An inspector can identify any leaks, damage, or signs of wear and tear, providing recommendations for repairs or replacement if necessary. While we always recommend that homeowners have their roofs inspected before listing, you should also schedule an inspection if you notice some key problems.
Here are a few things to keep an eye out for:
- Missing or damaged shingles: Shingles are the most visible part of your roof, so it's important to keep an eye on them for any signs of damage. Missing or damaged shingles can let water in and cause damage to your home's interior.
- Loose or cracked flashing: Flashing is the metal or plastic that seals the joints between your roof and other parts of your home, such as chimneys and vents. Loose or cracked flashing can let water in and cause damage.
- Sagging or sloping roof: A sagging or sloping roof is a sign that your roof is not properly supported. This can lead to leaks and other problems.
- Moss or algae growth: Moss and algae growth on your roof can indicate a moisture problem. This can lead to leaks and other damage.
- Water stains: Water stains on your ceilings or walls are a sign of a leak in your roof.
If you see any of these signs, it's time to have your roof inspected by a qualified roofing contractor. They can tell you if your roof needs repairs or replacement.
Considering selling your home and concerned about whether your roof will hold you back? Call Lyons Roofing today to schedule a professional roof inspection with industry experts.