How Your Roof’s Age Can Affect Resale Value

Roofing

Recent surveys have shown that most homeowners move around the eight year mark, and only 37% of Americans stay in their homes for more than a decade. If you’re thinking about your next move and planning on selling your home, then you may be wondering about its resale value. Of course, any extra work you put into your home — like professional landscaping, new appliances, and other upgrades — will make a difference in the resale value. However, it’s the really expensive stuff, like a roof, that can make or break a deal. 

Why Your Roof’s Age Matters When Selling Your Home 

You’ve probably heard about the struggles and frustrations of being a renter, but if you’ve taken the plunge and purchased your own home, then you know all about the responsibilities and costs that come with being a homeowner. Owning a home is a huge accomplishment, but the expenses of homeownership can be exhausting; and while there are a handful of costly repairs that homeowners dread fixing, few of them will cause as much upset, stress, and overwhelm as hearing you need a new roof. If you’re selling, you may not actually need a new roof; however, you may want one because the investment could pay off in a big way.

When buyers are looking for a new home, most of them are looking for something that’s move-in ready and requires zero additional expense on their end. Buying a home is already expensive enough, and the last thing buyers want to do is tack on thousands of extra dollars because something (e.g. your roof) isn’t in good shape. If a buyer has to choose between your home, which needs a new roof, and another home that doesn’t, they’re probably going to go with the latter.

As a seller, you want to try and get back every penny you put into it. If you recently put a new roof on your home, then you’re in good shape, and you could recover up to 94%! Older roofs will put you in a tougher spot, and if your roof is more than 15 years old, you may find yourself needing to cover the cost of roof repair before you sell. 

Boost Your Home’s Resale Value with a Brand-New Roof

If you’re planning to sell your home, you have to think about things from the buyer’s perspective. Even if your home is beautiful on the surface, buyers want to know they’re getting a home that’s in good shape, from the foundation to the roof. So, although the housing market is constantly changing, beyond pretty paint colors and new flooring, homeowners still want the same thing: the peace of mind that comes with knowing their new home isn’t going to need work anytime soon. A new, quality roof is just one way of doing that, and another method of locking in the sale.

At HW Roofing, we believe you deserve the best roofer in the St. Augustine area. To learn more about our services, give us a call at (904) 217-0227 or schedule a free roof inspection. Our roofing company proudly serves those in Jacksonville, St. Augustine, Nocatee, Ponte Vedra, Ponte Vedra Beach, Palm Coast, Gainesville, Palatka, and the surrounding communities in Northeast FL.