The housing market is highly competitive right now. Making sure that your house is in the best condition possible can give you an edge on the competition. Exploring how a new roof can attract buyers adds another element to your plans for a swift home sale.
1- Attract More Buyers by Increasing the Curb Appeal
Many buyers drive by a house before they arrange for a tour. Since the roof is one of the largest and most visible parts of a house, you can bet that buyers will notice if there are missing shingles and other signs of neglect. Putting on a new roof can also give you an opportunity to update the color, which could make your home look more up-to-date.
2- Ensure Your House Passes Inspections
Home inspections are a routine part of the selling process. A leaky roof can lead to multiple issues that could cause your house to fail an inspection. For instance, an inspector might notice obvious signs of water damage to the electrical system. Installing a new roof can eliminate concerns that commonly arise during inspections so that your house passes with ease.
3- Make Negotiations Smoother
Sometimes, buyers love houses enough that they’re willing to negotiate to minimize their risks and expenses. If your house has a failing roof, then buyers might try to negotiate for you to pay for the replacement or provide a concession. In this case, it’s often less costly to plan for a roof replacement yourself. Arranging for a roof replacement at your leisure allows you to seek quotes and properly vet the company that will be working on your house.
4- Alleviate Common Buyer Concerns
When a buyer sees damage to the roof, they’ll naturally begin to envision a wide range of problems happening inside. Most buyers prefer to avoid houses that already have pest infestations. Or, a buyer might wonder if the new coat of paint you put on the walls is hiding mold and mildew. When buyers see that the roof is in excellent condition, they’ll spend less time nitpicking every spot they see in your house.
5- Demonstrate Pride of Ownership
The work you put into maintaining the outside of your home says a lot to people about your overall desire to care for your property. A new roof works a lot like a freshly mowed lawn to tell buyers that you’ve put work into making sure that your house stays in good condition. Combining a new roof with updated gutters is an option that you can use to fully demonstrate that your house has served as a source of pride over the years that prospective buyers can also enjoy.
One of the best aspects of putting a new roof on your house is that you can’t go wrong. If you experience a sudden change in your living situation, then you’ll be happy to have a new roof providing your property with protection. Since new roofs also add value to properties, you can also offset the cost by increasing your asking price when you put your home on the market.