Should You Repair Your Roof Before You Sell?

roof needs repair

Selling a home can be a daunting task for any homeowner, regardless of what condition the home is currently in. So many different factors go into the real estate market that it’s often difficult to say which will be the biggest influence on your home’s ability to sell. Yet, if you’re like most, you’re not simply looking to sell. You want to sell your home quickly and be able to generate a good profit from the transaction.

If your roof has some issues and you’re considering repair or replacement, like with any home improvement, you’re wondering if you’ll be able to recoup the costs of those repairs in the sale of your home.

To Repair or Not to Repair: Some Questions to Consider

There is no simple answer to this question, unfortunately. Much of it depends on the current condition of your roof and home and what your goals are with the sale. Here are some things to think about:

  • Should you sell as-is: There could potentially be a buyer out there who’s willing to purchase a fixer-upper in order to get into a desired neighborhood or create an income property. Buyers who “flip” homes like to make their own improvements and often prefer homes to be left as is. Ask local real estate agents to give you the low down on buyers in your market. If your home is located in a sought-after area you may still be able to get a good price without having to worry about financing a repair project. This could end up saving you quite a bit.

  • What repairs need to be done: Simple repairs like replacing loose shingles or flashing or removing moss from certain areas typically won’t be overly expensive and will contribute to your home’s curb appeal. And, great curb appeal could be the difference in having a buyer offer your listing price or come in thousands under.

    However, if your total roof is reaching the end of its intended life, buyers may be scared away at the thought of having to immediately assume such a large expense. At best, they’ll probably try and negotiate the cost of the repair out of your asking price. When faced with a replacement, many homeowners consider the option of having new roofing shingles installed atop the old ones. This is an inexpensive way to extend the life of your roof and make it look like new, but it’s not a long-term solution for real roofing problems and building inspectors are often wary of what’s hiding underneath.

Deciding whether or not to repair your roof before you sell could have a dramatic influence on the amount of time your home spends lingering on the real estate market. Thus, it requires a fair investment of thought before any sort of financial investment is made. Ultimately, your goal is to get your home to market and have it sell quickly at the price you want. If repairing the roof will help get that done, then it’s time to call your local roofer.

 

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