If you’re planning on selling your house, the condition of your roof is vital. Your roof is one of the most important elements of your home, and it’s something potential buyers will look at closely. It’s one of the first things people notice when they see your house. Beyond that, it protects your home from the elements and is critical for energy efficiency. So, if your roof is nearing the end of its useful life or there is something wrong with it, what should you do? Is it a good idea to replace your roof before selling your house? Can you just do a few repairs? Here’s what you need to consider.
Get Your Roof Inspected
Just about every homebuyer is going to order a roof inspection. This is particularly the case if they are financing their purchase with a mortgage. As a seller, you should order a preemptive roof inspection, so you know where you stand before you put your house on the market.
Your roof might be in perfect shape, or it may only need a small repair. But this first step will give you the information you need to make the most informed decisions about your home.
Should You Replace Your Roof Before Selling Your Home?
In some cases, it’s a good idea to move forward with replacing your roof. Here are a few factors that can help you make the most appropriate choice:
The Local Real Estate Market
If the real estate market in your area is so hot that sellers are able to name their own terms, you probably won’t need to replace your roof unless it is in terrible shape. But, even in seller’s markets, the best homes often sell well above their asking prices.
How Quickly You Need to Sell
If you need to sell your home quickly, it’s important to understand that a home with roof issues could delay the process. Home buyers will favor other homes above yours. Also, inspections and negotiations related to the roof might slow things down.
Whether You Are Willing to Discount
When a potential buyer comes across a home that has defects, like a bad roof, they are likely going to ask for a discount. If you are set on getting a certain price for your home, you might want to weigh this against the cost of installing a new roof.
The Age and Condition of Your Roof
If your roof is at the end of its useful life or has significant damage, there’s not much to consider – you need to replace it before you sell. It’s the right thing to do, and it can add value to your home when you place it on the market.
Enhance Your Home’s Value With a Metal Roof
Interested in learning more about how you can make your home more attractive to buyers by adding a metal roof? Contact the experts at Excel Metal Roofing, L.L.C. We have been serving the needs of clients throughout the Lake area in Versailles, Missouri, for over two decades. Our business has installed more residential metal roofs than any other company in this state. Contact us today to discuss your options.