Tackling an exterior improvement project can drastically improve the aesthetic appeal of your residential property. If you’re looking to put your home up for sale, you might consider investing in a new roof to boost its value and increase your chances of drawing a potential buyer.
Today, Affordable Roofing Systems, your local residential roofing contractor, discusses whether or not a newly-installed roof can increase the resale value of your home.
The Importance of a New Roof
A real estate agent will likely tell you that home buyers appreciate it when they know houses that are up for sale have new roofs because they won’t have to go through the hassle of a reroof. Also, they’re not likely to spend much more on a major improvement after purchasing the property. Indeed, this means fewer expenses and more savings on their part.
Factors You Need to Consider
Take note, however, that while installing a new roof is a great investment, it is not yet certain if it will give you a return or if it will boost your home’s overall value above its costs. Several factors must be considered, and these are the following:
- Your roof’s current condition – You don’t have to outright replace your roof, especially if it is still in good condition or its expected end of service life is still years away. Work with a contractor that can perform roof repairs and maintenance.
- The marketplace conditions – A new roof doesn’t necessarily increase home value in every market. It’s best to ask for advice from your local real estate agent to better understand the market conditions.
Whether you’re selling your home or not, you can count on the expertise of Affordable Roofing Systems. Through our high-quality roofing products and exceptional workmanship, we can help improve the value and curb appeal of your home.