A roof replacement can make your home stand out and make it look new again. However, if you are looking to put your property on the market, it is a great way to make it more marketable and attract potential home buyers. Your roof, after all, plays a key role in your home’s appearance. Although a few missing shingles may not discourage buyers, a sagging roof may force them to look for another property within your area.
Today, we explore the benefits of replacing your roof before selling your home.
Avoid Point of Negotiation
Many home buyers may try to negotiate a lower price if an inspector finds your roof in bad condition. They will use the roof’s need for repairs and get a fairer price. To get the upper hand in negotiations, you need to make sure your home is in great shape, including your roof. If your roof has sustained leaks or storm damage, it’s best to have it replaced as soon as possible. This way, you can use the new roof as leverage to justify your own pricing when the time comes to sell your home.
Boost the Curb Appeal
Curb appeal attracts home buyers. If you have an old roof with obvious signs of damage, your home could be on the skip list. With a new, modern roof, however, your property is much more marketable. Installing a brand new roof also allows you to take advantage of new roofing technology. To attract buyers who are interested in purchasing an energy-efficient home, your roofing contractors may recommend asphalt shingles that reflect solar heat to boost your home’s energy efficiency.
Increase Resale Value
Although you might not see a 100% return on investment (ROI), a new roof can help increase resale value. Even if you don’t see a huge financial return, you can rest easy knowing that a new roof is more likely to get the full asking price and smoother negotiations. According to the 2022 Cost vs. Value Report, a new asphalt shingle roof can give you a 59.6% ROI, while a new metal roof can give you a 54.8% ROI. No matter what type of roofing you choose, a new roof can certainly benefit you.
Whether you need a roof repair or replacement to increase your property’s marketability, you can count on the experts at Ganser Company. With our streamlined roofing services, rest assured that you have higher chances of closing out a deal with a potential home buyer. To schedule an appointment with our roofing pros, call (608) 222-1243, or fill out our online contact form.