If you're considering listing your house for sale, you may have thought about renovations, repairs, and updates before officially putting it on the market. Replacing your roof can be a great investment to boost your ROI. Find out why below.
Unless buyers are specifically looking for a fixer upper, most don't want to pay for major improvements on a newly purchased home. If buyers see that your roof is old in listing pictures, they may even decide to not consider your home at all. On the other hand, a new roof is appealing to buyers because it signals that your home has been cared for and won't need a new roof for a long time.
When going through they buying process, many buyers will utilize major repairs as a way to offer less for your home. A roof that is old can be a big sticking point during negotiations on the sale price of your home. Replacing your roof now can spare you the headache of negotiations over your roof and home's purchase price down the road.
Though a new roof is a big investment, it has a high ROI and is something most home buyers consider when looking at homes. It is possible that a new roof will allow you to up your asking price and thus recoup most of the cost.
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