Before you put your home on the market, give your roof a good, hard look. Do you spot any damages, buckling, or loose shingles?These issues could make it harder to sell your house for the price you want.
Most buyers aren’t looking to make major repairs after sinking money into real estate. And if they are looking for a fixer-upper, they’re going to negotiate a price that reflects the work they’ll need to do.
Whether your roof has sprung a leak or it’s starting to sag, it’s a good reason to pick up the phone and call a professional roofing company. Here’s why you’ll want to have a company like Professional Roofers repair any damages before you put your house on the market.
A Damaged Roof Hurts Curb Appeal
Ordinarily, buyers won’t consciously think about your roof if it’s clean and well-kept, but things change when there’s damage or debris. Missing shingles, buckling tiles, holes, and sagging stick out to any visitor before they even make it up your driveway.
When it comes to selling your home, first impressions matter. What prospective buyers see on your roof can follow them inside and change the way they look at the rest of your property. It might dissuade them from putting in an offer, even if everything else is maintained and staged.
Damage Can Affect Your Chance of Sale
Not all damage has to be glaringly obvious to cost you a sale. Most savvy buyers will get a home inspection before they put in an offer. They may even hire a local roofing company to take a look at this part of your home to ensure there won’t be any surprises if they buy it.
If these professionals catch signs that indicate structural damage or the potential for leaks, they’ll share their findings with the buyers.At this point, your buyers can walk away from the sale.
Your Roof’s Condition Could Lower Your Price
Not all buyers will be put off by your roof. Some experienced homeowners will still buy it knowing full well that they’ll have to repair or replace the roof soon.
That’s the good news. The bad news is they’ll be looking for a discount to offset the work they’ll have to put into the house once it’s theirs. And when it comes to this price adjustment, you can typically expect it to cost more than what pre-emptively repairing the roof would cost you.
Assess the Benefits of Repairing or Replace a Roof First
Now, depending on the market, it doesn’t matter what your roof looks like. Take a city like Toronto, for example, where the market is so hot that some properties go above asking without inspections.
Eventually, someone will have to hire Toronto roofers and Mighty Dog Roofing North Atlanta to repair minor outstanding issues, but you might be able to pass the buck onto your buyer.
Bigger problems, including large-scale damage caused by storms, could have more of an influence on your sale, even in Toronto. So, you might want to speak with roofers in Toronto or any city you call home to discuss the cost of major repairs or a full replacement.
Honest companies will give you a good idea of what it will cost to make these upgrades. Ask your real estate agent to compare this price with your ROI. With these quotes in mind, it’s probably a good idea to repair your roof before you list.