Are you thinking about selling your home? If you plan to sell you want to get the house in the best shape possible. This could include replacing the roof.
There are numerous ways your roof can impact the amount of money you can earn. Get your roof inspected before placing your home on the market. A new roof can increase the value of your home and make it more attractive to buyers.
Want to know how to improve your homes resale value? Continue reading for these tips on how a new roof can benefit your bottom line.
You Can Incorporate the Cost Into the Sales Price
One of the best improvements to increase home value is a roof replacement. The best part, you can recoup the cost by incorporating the money spent into the sales price.
Not only can you get the money back the upgrade may also boost the overall appraisal on the home. This could mean more profit for you.
A New Roof Improves the Home’s Street Appeal
Whether you are selling your home or not, installing a new roof can give your home a fresh new look. Curb appeal is what draws attention to a house. When buyers are out house shopping a new roof is sure to get their attention.
Other improvements you may want to try for an added benefit is fresh paint, having widows cleaned or replaced, and sprucing up the landscaping.
Look at the homes on your block when considering upgrades. Getting your home into the mid-range will have the best ROI.
The Home will Pass Inspection
If your buyer is purchasing with an FHA loan they will need to get a home inspection. The inspection determines the integrity of a roof and its remaining life expectancy.
A failing roof could lead to price negotiations with the buyer requesting a reduction in the selling price. The buyer could also request to have their own roofing company do the maintenance, repairs or replacements which could end up costing you more money.
Give the Home a New Look with a New Color Tile
While preparing your home for resale with a new roof consider changing the color of the roof. Shingles come in a wide range of colors. Your roof color affects how people view your home.
You may have painted the house recently and a new color could give the overall look a much-needed boost. It is also a good idea to research trends in popular roof colors along with the pros and cons of your region.
Is It Time for a New Roof?
How much value does a new roof add to a house will depend on various factors? One thing is sure, it will make the house more desirable. If you are thinking about selling your home consider meeting with a roofing specialist.
A new roof is not the only upgrade you can make to your home before placing it on the market. Check out these five improvements to increase the value of your home.