Many homeowners spend a lot of money on their houses overtime to keep them in their best condition. However, they don’t give their roofs the same attention even if they do clean or repair them occasionally.
When it is time to sell a house, this decision becomes a problem. A roof’s condition has a significant impact on the house value, and a less maintained or older roof can drive down the price.
Roofing Decisions That Affect your House Value
There are several roofing decisions that affect the overall market price of the house. Some of the most important ones are listed below:
If you are considering not replacing your roof before putting it up for resale, you will likely see a significant drop in your house value. Most new homeowners want to buy a house they will not have to spend extensively on from the get-go since the house purchase itself will be a huge expense.
Therefore, if you want to drive up the house value, invest in a replacement. You are likely to get back the money and more due to the boost it gives to the price.
Follow the Neighborhood Trends
When getting a roof replacement, you need to ensure it meets the neighborhood standards. Having a fancier roof or an underwhelming room than the neighborhood norm will negatively affect the price.
If you have a relatively new roof, make sure it is well maintained. It is customary for the buyer to request an inspection, and if the roof’s condition is not up to the standard, it will either drive down the price or drive away from the buyer.
Roof Design and Materials
The design of the roof also has a significant impact on the house’s resale value. The roofs with better aesthetics are generally more popular than their plainer counterparts. Additionally, the quality of materials used can also have a significant impact.
Using high-quality shingles that come with up to 50+ years of warranty with regular maintenance will give the house value a good boost. Just ensure to not go overboard, or the asked price might not remain affordable for most buyers.
Roof Insurance
Roof insurance is very important, especially for Florida residents who have to get storm insurances for their roofs. A roof with high premium insurance will negatively impact the house value as the buyer might not want to incur such a hefty expense every month.
Try choosing a more regular insurance that covers the basics and is moderately priced.
Conclusion
The roof’s condition strongly impacts house values. For older roofs, consider getting a replacement before resale. Choose moderate options for insurance and roof types, and don’t stray too much from the area trends to boost resale prices.
If you need roof replacement or maintenance before putting your house up for sale, please contact us. Our teams will ensure your roof extensively boosts both your house’s appearance and its value.