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Did you know that when it comes to selling your home, the roof can affect its value more than you might think? While you might think that buyers take into consideration only the appearance of your home, its size and overall condition, or how its decorated, in reality, structure and roofing are often much more important to savvy buyers or investors than you may realize.<br>
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Did you know that when it comes to selling your home, the roof can affect its value more than you might think? While you might think that buyers take into consideration only the appearance of your home, its size and overall condition, or how its decorated, in reality, structure and roofing are often much more important to savvy buyers or investors than you may realize. With a roof that is need of repair, or even one that looks tired and outdated, buyers may be deterred from considering your home for purchase, and below are just some of the negative consequences that can arise from a less than perfect roof:
You may receive less offers A new roof can be an additional cost that buyers aren’t willing to accommodate, and the same can be said of a roof that is in need of repair. Unless you’re prepared to drop the price of your home significantly to entice them, an old or failing roof could leave your property unsold, for longer. • The sale process may take longer Buyers will undoubtedly seek to negotiate the price of a home with a roof that needs to be extensively repaired or replaced, or demand that it be replaced before the sale can go ahead.
Inevitably, these kind of negotiations can slow down the entire buying process, and leave you with an unsold home, for far longer than anticipated. • Offers may be much lower As indicated above, you may struggle to receive the asking price for your home if the roof isn’t in good condition, and they may offer you less to offset the cost of having the roof repaired or replaced.
How much can a new roof increase the value of your home? While it’s true to say that most homeowners don’t receive a 100% return on their investment when they replace the roof to their home before selling it (as is the case with the majority of home investments), they are far more likely to receive not just more offers from buyers, but higher offers, and making the most of your investment can include: • Having the old shingles removed and not layering the new ones • Having your roof regularly inspected and maintained by professionals • Choosing midrange roofing materials (but not too cheap) • Transferring the warranty to the buyer
Should you choose to replace or extensively repair your roof before putting it up for sale, be sure to make this clear to buyers and real estate agents, in the sales listing. While having your roof replaced before you sell your home can be a wise investment, it may not be necessary in all cases. Before selling your home, have a professional roofing contractor assess the roofs condition before making any decisions about repairs or replacements.
If you are looking for best roofers in Miami, look no further than Atlas Roofing. Since 2016, we have been the premier roof installation and repair experts in the Miami, Broward and West Palm Beach area. We take pride in the comprehensive range of commercial and residential roofing services we offer. Whether you need something as significant as a brand new roof or metal roofing in Miami, or as minor as a gutter installation on your home, as the best roofing company in Miami, we’ve got you covered. Call us at (786) 406-9206.
