As a Wilmington roofing company, one of the questions we hear a lot is “Does replacing the roof really help sell the house faster?” We’re going to answer with a caveat – we’re not real estate professionals, and what makes a house sell depends on a number of variables, including factors that have nothing to do with the property itself, such as proximity to a workplace or the school district. That being said, we’re sure you cared about the condition of the roof when you bought the house. Prospective buyers are going to be the same way.
When Roof Replacement is Absolutely Essential
If you’re aiming to sell your house and the roof is damaged, in poor repair, or beyond its expected useful life – 25 to 30 years for most asphalt shingles – there’s no doubt that replacing the roof will make it more attractive to buyers. Beyond that, replacing a damaged roof helps protect the value and integrity of the property.
When Roof Replacement Starts Making A Lot of Sense
The assumption is you want to get the best possible price for your home. On average, according to research from Remodeling magazine, the typical roof replacement adds slightly more than $15K to the value of the home. In more affluent neighborhoods, such as Wilmington, the positive financial impact can be even greater. In a competitive market, where several attractive properties are available, buyers who are making a choice between a home with a great new roof and the roof they’ll have to replace in a few years generally opt for the new roof.
When You Might Want to Consider Roof Repair Instead
If you’re selling a home where the roof is fairly new and in overall good condition with a few cosmetic issues, having your Wilmington roofing contractor come in to address these minor concerns will make more sense than opting for full roof replacement. It’s the budget friendly way to provide buyers with the most attractive home.
Not Sure What You Should Do?
It’s impossible to make an informed decision about your roof if you’re not certain of your roof’s actual condition. Get in touch with your Wilmington roofing company and have them do an inspection. This will help you understand what you’re dealing with, as well as the actual costs of having issues addressed. Then you can make your choices based on your plans!