Are you looking to put your home on the market? Do you want to get the biggest return possible?
If you are preparing to sell your home, you undoubtedly have a seemingly endless list of things you need to do to get it list-ready.
- Clean the garage
- Paint a few rooms
- Replace the wood in the bathroom with new tile
While all these renovations and remodeling trends are a great way to improve the value of your home, one for the best ways to increase your home appraisal value is by installing a new roof.
Here are a few reasons why a new roof can improve the value of your home:
Improved Appearance
Installing a new roof will immediately upgrade the appearance of your home and improve your home appraisal. If your roof looks worn down and outdated, potential buyers are almost certainly going to notice. Investing in a new roof is especially helpful if your home is in an older neighborhood, as it will make it stand out from other listings in the area.
Additionally, for home buyers who are looking for a more modern style home, a newly installed roof can help catch their eye.
More Value Up Front
While installing or repairing your roof before selling your home is indeed an investment, a new roof can often help you achieve an even better return than your asking price.
Redoing your bathroom or painting the walls may seem like a useful thing to do, but it’s not always going to increase the value of your home. Though replacing your roof isn’t guaranteed to make your home worth more money, it most likely will.
Home buyers want to know that the house they are purchasing is in excellent condition, and having a new roof installed is a great way to demonstrate that it is well taken care of and that they won’t have to do it themselves anytime soon. In many cases, home buyers are willing to spend a premium on a home that has a new roof.
Pass Off Your Warranty
Another significant benefit of replacing your roof before selling is that you can put an extended warranty on the parts and materials used. This extended warranty can generally be passed on to the new homeowners which can be a huge selling point when determining your asking price.
Not only will the potential buyer be getting a new roof for the house, but the traditional ten-year parts warranty will also cover the roof. Typically, any current roof warranty cannot be passed on to new homeowners which is why installing a new roof can be a wise investment.
While it’s not necessary to replace your roof if you’re selling your home, a replacement should be considered if you’re looking to get the absolute highest value.
If you’re considering putting your house on the market or renting out a real estate property, give us a call today, and we can have a member of our team stop by and inspect your roof! Call (928) 699-4840.
