Should You Replace Your Roof Before You Sell Your Home?
Feb 26, 2024Are you planning renovations for your home with the goal of increasing its resale value? If so, you might find yourself wondering whether it’s smart to replace your roof during this renovation process. After all, “new roof” would be another good feature to include in your listing, wouldn’t it? According to the Georgia Association of Realtors, a roof replacement can yield a return on investment (ROI) of up to 108%, making it one of the best upgrades to invest in prior to selling your home.
However, deciding to replace your roof before listing your home is not always the right choice. In fact, it’s only worth doing if your current roof is going to damage your home’s resale value. In other words, you should only replace your roof if you really need to.
Before you jump right into a replacement project in the name of upping your home’s price tag, consider these questions:
How Old Is My Current Roof?
If your current roof still relatively new, it makes little sense to replace it. After all, you wouldn’t net enough of a return on investment if you’re replacing a fairly new roof with a slightly newer roof. But if your roof is nearing the end of its lifespan, you’ll want to replace it before selling your home to maximize ROI and your home’s overall resale value. Prospective home buyers won’t want to buy a home with an old roof that will soon need replacing.
What Condition Is My Current Roof In?
Along the same lines as your roof’s age, the condition it’s in will also play a major role in terms of whether it’s worth investing in a replacement before selling your home. If it’s in good condition and will pass an inspection with flying colors, there’s no need for a replacement. Completing any small repairs that are needed before you sell your home is a good idea, however. And it goes without saying that a roof that is in bad shape is worth replacing so that your home is more appealing to prospective home buyers.
What Type of Roof Does My Home Have?
One other important consideration is the type of roof you have on your home. Of course, the material of your roof will help you answer the first two questions in a way, as some roofs have shorter lifespans than others. If yours is one of those roofs, your home will need a roof replacement sooner, which can hurt your home’s resale value. On the flip side, if you have a roof made of material known for top-notch longevity, you may experience an uptick in potential resale value. There are also some cases when your home could use a roof replacement for curb appeal purposes, as you can create a more visually appealing home that will attract home buyers more than your older, more average-looking roof might.
Partner With the Wright Team for Your Roof Replacement Project
If you’re considering selling your home, it’s smart to have your roof inspected. The results of your roof inspection can ultimately tell you whether you should replace your roof before selling it. You can turn to our team at Roofing Done Wright for your inspection, and if you do need a new roof installed on your home, you can stick with us for that project as well. We install Owens Corning’s top-of-the-line asphalt shingles, which we know you’ll love.
If you want to schedule a roof inspection or start planning to replace your roof, reach out to Roofing Done Wright today.