Is it a Good Idea to Replace My Roof Before I Sell My Home?
A well-maintained roof in good condition is an excellent selling point if you’re considering putting your home on the market. Whether it’s a wise idea to replace an entire roof before selling your home will depend on the state of the roof, the housing market, and how long you expect the house to stay available on the market.
When your roof leaks or has other critical issues, we understand the cause for concern. If you’re worried about the state of your roof, give Nelson Contracting a call on (402) 464-2418. We’ll conduct a thorough inspection of your roof and give you advice on how to proceed.
The Condition of Your Roof and House
A roof that is in bad condition or at the end of its lifespan may be a massive turn-off for prospective buyers, and you may need to replace roof before selling house. It’s common to find situations where buyer wants seller to pay for new roof.
But if your roof is relatively new, there’s not much reason to spend the money on an upgrade that won’t increase the value of the house by much.
A new roof is also an appealing way to set your home apart from others in the same area, particularly if the condition of your home is move-in ready. It may be a worthwhile investment that will allow you to raise the price and get more attention at the same time. It will appeal to buyers who like the idea of just moving in without having to touch anything and having a new roof can be a fabulous selling point.
If your home is in poor condition, then replacing your roof may not be a prudent idea. Buyers might already be considering renovations on the property. In that case, replacing the roof will be a wasted expense as the new owners may demolish it anyway.
If you’re uncertain about the condition of your roof, and you’re selling a house that needs a new roof, it’s a good idea to get a professional roofer in to conduct a thorough inspection. They’ll be able to identify any problems and advise you on the best way forward. Maybe you won’t need a total roof replacement where a simple repair job will suffice.
Market conditions will always set the bar on what you’re able to get away with. If you live in an area where homes are selling like hotcakes, you may be able to find an eager buyer who is willing to replace the roof. But, if you live in an area with a depressed market, you’ll have to work harder to sell your home, and a new roof can be a desirable feature.
Market conditions will also affect how long the house takes to sell. If you’re planning on staying in your home while it is on the market, it may be a wise idea to replace the roof, so that you can savor all the benefits. It also helps prevent any further water damage, which will help keep the value of the property stable until you move out.
When Should I Replace My Roof?
The answer to the question, ‘When should I replace my roof?’ will always be, ‘it depends.’ It depends on the quality of your current roof, the quality of your home in general, the prevailing market conditions, and many other due considerations.
If you’re unsure, speak to your realtor as well as giving Nelson Contracting a call on (402) 464-2418. Our experts will be able to advise you on the true condition of your roof and whether you should be replacing your roof or repairing it.