Does a New Roof Increase Your Home Value?
How much does a new roof increase home value? If you’re selling your home, this is important. We discuss new roofs and home value in today’s post.
How much does a new roof increase your home’s value?
When it’s Time to Sell, Does a New Roof Increase Home Value?
Home improvements that add value? You may not have a lot of time or extra funds, but there are certain “big ticket” home improvement projects that will give you the biggest bang for your buck – starting with your roof.
Don’t underestimate the power of “Curb Appeal”
It’s no secret that curb appeal is one of the first psychological steps for a prospective buyer to consider a home. They’ll be looking at current photos and maybe even do a “drive by” before scheduling an actual viewing. Your home needs to look as charming and well-maintained as possible to appeal to the buyer’s sense of aesthetics as well as assure them that the home is in good shape.
No matter how wonderful the inside of your home is, if the prospective buyer doesn’t walk through the front door, it’s difficult to show them how great it is! A new roof that appears both tidy and attractive will enhance the overall look of the home.
Roof Replacements are one of the fastest and hassle-free home improvements that increase value immediately
Unlike other popular home improvements to increase value such as remodeling kitchens and bathrooms that may take weeks to complete, a roof replacement can be done in a day or two. You don’t even need to be home or come outside! Golden Group Roofing takes care of everything – from the permits, the dumpster, and the clean up.
Best of all – Golden Group’s free estimates can be done completely “virtual” – that means no contact is ever needed! No need to wait until social distancing is over. You can stay safe in your home while we complete the job.
A new roof warranty is an added bonus for the buyer
Golden Group Roofing offers a 25 year warranty on full product and labor costs – which offers complete peace of mind for the homeowner. The best part? Because this warranty stays with the home, you can tell your prospective buyers that they will get a brand new roof – and they get the warranty as part of the home sale. Buyers love assurances that their new asset does not come with the risk of large repairs.
A new roof eliminates roadblocks and lower offers
If your roof needs repair – or even looks like it may need repair – you’ll see that reflected in the offer price. Buyers calculate how much work they think the home will need once the sale goes through, and will deduct those estimated repairs from their initial offer. Having a new roof not only alleviates the buyers’ worry, but it helps the home more “move in ready,” which may attract additional buyers and higher bids.
We all know that home inspections can become a major delay to a home sale, or even cause the deal to fall apart. With a brand new roof, you can eliminate the roof as a negotiation point or a stumbling block to help keep the sale process smooth. You won’t need to worry about the buyer coming back deducting money for roof repairs or full replacements after the home inspection has been completed.
A New Roof Can Increase the Value of Your Home by Thousands of Dollars
According to Remodeling Magazine, homes with a new roof increased their value by almost $19,000 on average in 2019 for the New England area. It’s not surprising that buyers value a new roof in a region known for its snowy and harsh winters.
Wondering if you actually need a new roof? Golden Group Roofing offers roof inspections and repair packages. Click here to schedule a free consult today.
You’ll get a full evaluation of the condition of your roof – so you’ll know ahead of time whether you need a full roof replacement before putting the home up for sale, or if you would be fine with a roof “tune up” prior to inspection.
If you’re putting your home on the market now, there’s no need to wait.
Book your free estimate now Using our cutting edge satellite imaging technology, Golden Group roofing offers “no-contact” estimates. You’ll get a detailed report with an exact estimate with no obligation whatsoever.
We know that when you are preparing your home for sale, you are looking to get the best price for your asset. We’re here to help. Golden Group Roofing takes care of everything – including your permits and dumpster – so that you can stay safely at home. And if you’re in a hurry, it’s no problem! Most jobs only take a day or two.
Call 508-873-1884 or book your free estimate here to get started on one of the easiest home improvements that add value to your home.