Home Value
Posted on July 19, 2023 at 3:55 pm | Uncategorized
Your Roof and Home Value
Selling your home is a complicated process. Today’s buyers are well educated and know what they want in a home. If you are selling your home with an older roof you may find that a roof replacement can dramatically increase your chance of selling and at a better price.
Homebuyers are looking to take on a huge new expense between a down payment, closing costs, moving expenses and possible changes to the home’s look. A home with an older roof may intimidate buyers as they know another expense is looming down the road. An older roof is more susceptible to damage that could cost time and money.
A new roof can help you attract interested buyers and pay for itself in some cases. A study by the National Association of the Remodeling INdustry found that a new roof provides a 109% return on value.
Of course whether it is worth replacing your roof depends on the age and condition of your existing roof. A free roof inspection by Phoenix Roofing can tell you if any repairs need to be made or if your roof condition will negatively affect a home sale.
Before you list your home and subject it to a home inspection, have the experts at Phoenix Roofing take a look and prepare you for any possible challenges before they happen.
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