Increasing Your Home’s Value With a New Roof
A new roof is an attractive feature for home buyers. In fact, having a new roof can increase your home’s value and lead to a bigger sale price when the time comes. Inspecting your roof, determining when the roof needs replacement and finding the right contractor can help turn your home into a hot item on the real estate market.
Know The Signs You Need A New Roof
When a roof needs to be replaced, there will often be evidence that the homeowner can see. Some of the most common warning signs include:
- Curling shingles and curling ridge caps.
- Missing shingles.
- Sagging in the roof.
- Loss of asphalt granules on the shingles.
- Leaks inside the home.
- Evidence of water damage in the attic.
You can find these problems by conducting a thorough investigation of the roof before listing the home for sale. A professional inspection is almost always best, but you can take a preliminary look around your place if you’d like.
To start, walk around the perimeter of your property, and look up at your roof with a pair of binoculars. Examine the individual shingles for bald patches, curling edges and missing pieces.
If you don’t see evidence of roof problems when looking up at the roof from a distance, get on a ladder and examine the shingles up close—just make sure to be safe any time you find yourself in high places. Check inside the gutter and at the base of the downspout for asphalt granules. If granules are falling off the shingles in large clumps, or if there’s evidence of wear and tear on the shingles, this could be a sign that the roof needs repair or replacement.
In the final phase of the roof inspection, go inside the attic and look for water damage in the trusses and plywood. Mold, dark stains and moisture are all indications of a leak. Remember that old water damage may not be signs of a current roof leak. If you suspect any problems, contact a professional to perform a more in-depth investigation.
ROI Of A New Roof
A new roof is worth a lot at the time of sale! In fact, a new roof can increase the value of your home by nearly $12,000. There are many different factors that will affect the ROI of the roof, including:
- Type of roofing material used and the climate in the area.
- Warranty on the roof.
- Size of the home.
- Appearance of the roof.
Homeowners who are hoping to sell their home soon after the roof is installed can work with their contractor to determine the best value at the best price—of all the great renovations to make before selling a home, a new roof ranks as one of the best when it’s needed.
Get the Most Return For Your Investment
There are many ways that homeowners can get the most return from their investment when it’s time to sell their home.
- Note the new roof in the listing, and mention the warranty in the listing as well.
- Take a few exterior pictures that feature the roof prominently, then include those pictures in the listing.
- If advertising the home with flyers or brochures, list information about the new roof in the literature.
Getting Started With Roof Replacement
If you’re a homeowner thinking about getting a new roof before selling your home, start by looking for a licensed contractor. This is a project you’ll want to do right the first time, so go with the professionals you can trust. Contact us today to see what we can do for your home.