How a New Roof Can Increase a Home’s Value

Roofs
House with a new roof and a "For Sale By Owner" sign

Every homeowner wants to increase the value of their home and get the absolute highest return on investment for their work. One of the best ways to increase the value of your home and help your home sell faster is by adding a new roof to your home. A new roof comes with many benefits for potential home buyers. Here are some of the main ways that adding a new roof will help increase your home’s overall value.

#1) Increased Curb Appeal

One of the main factors that influence the overall value of your home is the home’s curb appeal. People are willing to pay more for a home that looks nice on the outside. A new roof will immediately improve the overall curb appeal of your home. It will help bring new life to the exterior of your home and showcase the house as a newly renovated home.

#2) Help Pass Inspections

One of the most often flagged areas of a home inspection is the roof. If you are worried about the condition of your roof and looking to list your home for sale soon, it is always advised to get a professional to inspect your roof. If the roof of your home needs to be repaired, it is always advised to do this before listing. Waiting until you sell the home and get it inspected can lower the overall value of your home if it is not in great condition. A new roof will help ensure that your home passes its inspection and that the value of your home is appraised for a higher amount.

#3) Give Buyers Peace of Mind

New home buyers are often strapped for cash when they go out to buy a home. They are saving their money for a down payment and for closing costs. Oftentimes, they do not have extra money lying around to make repairs to the home. If your home has a new roof, it will give potential home buyers peace of mind. They will rest easy knowing that the home has a new roof and often a warranty to go with it. They will likely pay more for a home that has a new roof.

When you replace your roof, it also gives buyers peace of mind knowing that you fix repairs to your home. Many times, a leaking roof or a roof with missing shingles can be a turn off for buyers. It often signals that there are other repairs that need attention.

#4) Set Your Home Apart from the Competition

A new roof is an ideal way to help set your home apart from the competition. The real estate market is often a competitive area, and there are only a few ways to help your home truly stand out. A new roof will do this for you and will also help increase the overall value of your home.

Key Takeaway

If you are looking to sell your home soon or simply want to have added peace of mind for you and your family, adding a new roof to your home is a great idea. A new roof will help you increase the value of your home and ensure your home sells faster.

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