Do you have plans to sell your home? If you do, there are a few things you need to do before listing your property on the market. One of these will be to invest in several renovations to make your home more presentable and attract potential buyers. This may be necessary especially if some parts of your home have sustained recent storm damage. Doing this can also help increase its property value, especially if you decide to fully replace your current roof.
A New Roof Increases Property Value
You can take on several major home improvement projects, and most can easily increase your property value. However, even if not all can give a 100 percent ROI or return on investment, the amount of ROI you get is often higher with a new roof. And if you invest in better materials, you’ll also increase your home’s property value and ask for a higher selling price. For instance, let’s say you plan on installing standard asphalt shingles that have a lifespan of around 20 years. However, choosing better quality shingles that have a lifespan up to 25 years or more will further increase your property value!
Why You Should Get a New Roof
Sometimes, a full roof replacement won’t be necessary if the current roof is mostly intact. You’ll only need to pay for roof maintenance and repairs if there isn’t any widespread damage and deterioration. But a brand new roof can easily attract more buyers as they know that they won’t have to worry about leaks or damage for years after purchasing your home. It may also be more cost-effective to tear off the old materials and install a brand-new roof before listing as it will justify your asking price when selling your home.
Let’s say that a potential buyer sees your home for the first time. They’ll typically notice the exteriors first, especially your roof. An old and deteriorated roof won’t be appealing, especially since they’re not too fond of undertaking additional renovations after purchase. Even if it looks mostly intact, if they find out that it needs minor repairs, they may use it to their advantage when negotiating the selling price. Old roofs aren’t always up to code either, which can also affect your selling price.
With a brand-new roofing system, you can be sure that it meets local building standards. It justifies your selling price and puts you at an advantage when negotiating with buyers. Just make sure that it’s installed by reputable contractors who know how to do a top-notch job. And when it comes to reliable roofing and gutter installation, STARR Roofing & Gutters always has your best interests in mind! Call us today at (512) 736-6539 for a free estimate. You can also fill out our contact form to get started.