Should I Upgrade My Roof Before I Sell My Home?
Every house on sale has a value. Any homeowner looking to sell a home will always want to get a favorable amount for it. However, many factors determine the value of the house. One of them is the roof.
The roof can make or break your home’s value. You should never leave it to chance. Some sellers can leave the roof as it is while putting up the house for sale but others prefer to make an upgrade. The question you need to ask yourself is whether your roof really needs that upgrade. To answer this, you need to look at the following:
1) Â Â Â Type of Roof You Want
If your home requires a roof upgrade before selling, you are in luck. There are many types of roofs in the market today. They differ in quality, the time taken to install, and price. The roofs also come in a range of colors.
Some roofs are better suited in specific areas than others due to their durability, corrosion, and heat resistance. Others require special pre-installations due to their complexity and weight. Consider consulting an expert when choosing the proper roof type for your home. This will help you get the most suitable roof before putting up your home sale.
2) Â Â Â Current Roof State
The current state of your home’s roof determines whether to replace or to leave it as it is while selling. A leaking roof should be replaced to reduce damages and increase the value of the house. You should also replace old an outdated roof as this makes your house appear old and outdated. Old roofs are also considered weak since they may have outlived their tenure. Getting a new roof would help reduce such critics and help you achieve the targeted selling price.
3) Â Â Â Cost of the Upgrade and the Return on Investment
Replacing a roof is costly. Before you go down that route, you should consider the effect an upgrade might bring. Upgrading a roof can increase the value of the house and entice buyers. If this is possible for your home, you should take the opportunity and upgrade. If the cost incurred cannot be realized after selling, you are better off leaving the roof as it is. The cost of replacing a roof also increases other costs such as utilities and insurances. The duration taken to complete a roof can hinder the selling time since most home buyers will probably have a timeline they have set for themselves. In cases where an upgrade has no guarantee for returns on investment, you can sell the house as it is.
4) Â Â Â Selling Point
A house is first valued from the outside before paying attention to the inside partitions and fittings. The appearance on the outside should match the cost. Highly priced homes should be elegant, properly designed and in good condition. The outer image of your home is what a realtor will take pictures to post on various property sales platforms. The buyers will take these pictures to their families and lenders. Poorly done roofs can put off buyers. This increases the time your house spends on the market before it is sold. You can also use the roof as a marketing tactic by informing buyers of the changes. Most buyers like complete homes as they do not like incurring further costs after buying a home and this would entice them into buying.