Effects the Roof Has on Buying and Selling Homes

Effects your roof might have on buying and selling homes

You may know that curb appeal is one of the most important factors in selling a home. But where does the roof fit within curb appeal? Read on to learn the effects of a roof on buying or selling a home.

The Costs of Not Fixing a Roof

If your roof is visibly aging, it can be a turn off. Potential buyers may notice the signs of neglect and wonder about the condition of all those other home systems, such as HVAC or plumbing.
Whether they realize it at the time, buyers pick up on the condition of the roof as they take their first look at the home. If the roof is in good condition and the house appears nicely kept up, buyers will be positively primed to have a good viewing. If the roof is untidy or showing wear and tear and the curb appeal is average to low, buyers could decide the home is overpriced.

As a result, they may lower their offer, if they make one. You could earn less from selling your home as a result of the aging roof. In a worst case scenario, your house could linger on the market for months until you lower the price to try to win buyers.

If the home inspection reveals roofing problems, a deal could fall apart. The bottom line here is that new homeowners do not want the headache of a roof replacement soon after moving in. If your house seems like it’s in need of maintenance, many buyers will take a hard pass even if it kills the deal.

The Benefits of Roof Repair

If the roof is new, homeowners will have a positive impression of the property. New tiles or shingles can make the house pop from the curb, contributing to curb appeal. Potential buyers may feel as if your asking price is a bargain they’re happy to pay; if the market is competitive, there could be a bidding war.

Major home improvements like a new roof can be a huge selling point for your house. Home buyers want properties that have been kept up and won’t need maintenance in the near term.

While a new roof is an expense for you, it can actually save you money by encouraging a faster sale and a better offer. Get an estimate for roof replacement today.