Increase Appraisal Value: Add a New Roof to Your Home Before Selling
Photo by Zachary Keimig
Looking to increase the value of your home prior to putting it up for sale? Installing a new roof is one of the best ways to go about doing it.
Generally speaking, new roof installation typically offers a return on investment of about 80%. It could make the cost of a new roof on a house well worth it in the end.
There are some things you should keep in mind before you put a new roof into place for the sole purpose of trying to increase your home’s value, though. They’ll help you make the most of your new roof installation.
Check out how to increase the appraisal value of your home by adding a new roof to it below.
Begin by Making Sure Your Home Actually Needs a New Roof
The first thing you should do when you’re considering installing a new roof on your home to try and add value is to think about whether or not you even need one, to begin with.
Most roofs are designed to last for at least 20 or 25 years. If yours is a lot younger than that and still in good shape, adding a new roof to your home might not make the kind of difference you’re looking for.
If, on the other hand, your roof is well over 20 or 25 years old and not looking its best anymore, you can probably benefit from installing a new roof in a big way. Installing a roof will improve your home’s curb appeal and make it more attractive to buyers.
Whatever the case, it’s good to evaluate the condition of your current roof before installing a new one. You might find that installing a new roof isn’t going to add the kind of value you’re looking for at this time.
Bring the Right Roofing Company on Board to Install Your New Roof
If you decide that you are, in fact, going to move forward with new roof installation, the next thing you’re to want to do is to hire the right roofing company for the job. This is sometimes easier said than done.
There are more than 100,000 roofing companies operating throughout the country today. It can make it challenging to find the right company.
You should always look for an experienced roofing company to provide you with roofing services. You should also look for a company that specializes in using high-quality new roofing materials when installing roofs.
You can count on a company like Bartlett Roofing for all your residential roofing needs. They’ll help you put the best possible roof on top of your home.
Choose the Right New Roofing Materials for Your Home
Once you pick out the roofing company that you want to work with and start the process of shopping around for roofing materials, you’re going to find that there are so many roofing options out there.
You can opt to install an asphalt shingle roof on your home. You can also pick out a wood shake roof, a ceramic tile roof, or even a metal roof. The choice is yours when it comes to deciding which type of roof will look and perform best in your home.
Your goal should be to choose the roof that’s going to add the most value to your house. It should fit the feel of your home and, if possible, improve its energy efficiency. This will make it a great selling feature once you list your house for sale.
See to It That Your Roofing Company Installs Your New Roof Correctly
One of the reasons why it’s so important to work with the right roofing company when installing a new roof is because you need to make sure the job gets done right. You’re not going to do yourself any favors if you install a roof on your home that leaks or that has other issues with it.
As long as you hire the right roofing company to install your roof, you shouldn’t have to worry too much about them doing a good job. But you should still inspect their work carefully to be sure they’re not cutting any corners during your new roof installation.
If you’re concerned about anything you see while your new roof is being installed, don’t be afraid to bring it up to your roofers. They should put your mind at ease by making any changes that need to be made to your roof right away while using the right new roofing tools.
Be Sure to Include Your New Roof as a Top Selling Feature in Your Home Listing
When you install a new roof on your home, homebuyers should notice it immediately when they pull up in front of your house. It should make a big difference in your home’s curb appeal and provide it with some “wow!” factor.
But that doesn’t mean you shouldn’t still include it in your home listing. It should be one of the many selling features that you work into your listing when selling your house.
By including it in your home listing, you’ll squeeze every last ounce of value out of your new roof and make it well worth the initial investment. You’ll find that your home will appraise for a whole lot more than it would otherwise when you have a new roof in place.
How Much Value Does a New Roof Add to a Home? It All Depends
It’s not possible to predict exactly how much value a new roof is going to add to your home. It’s all going to depend on everything from your home’s location to the new roofing materials that you use.
But you should see at least a slight bump in your home’s value once your new roof has been installed. It’ll make you wonder why you didn’t decide to install a new roof so much sooner.
Would you like to find out some of the other things you can do to increase your home’s value before selling it? Browse through our blog to check out your options.