Replacing Your Roof Before You Sell

Replacing Your Roof Before You SellIt’s time to sell the home. But while everything under the roof of your home might be ready to go, maybe your roof isn’t. If there’s been damage to the roof, existing issues such as moss, or the roof is ending its useful life cycle, you could find it a lot harder to sell your home. A bad roof can affect every part of the process, from curbside buyers, to learning the house’s history, to them getting a loan before buying the house. It’s important to look at your situation to see if you need a roof replacement before selling.

Looking at the Damage

First it’s important to access the damage. Many different factors can lead to a bad roof. These could be cosmetic, such as moss and algae on the roof, a few missing shingles, recent damage (perhaps the reason you’re selling the home), or the signs of a roof is at the end of its useful life. Depending on the severity of the roofs condition, you may need to get some work done on it before your home is ready to sell. The best way to know the full extent is to call up a local roofer, many of them will come out and perform a free estimate of your roof.

Repair or Replacing the Roof

Once you’ve gotten the damage assessed, it’s time to act. If algae or moss hasn’t damaged the roof, the installation of zinc strips can quickly deal with the problem and prevent it from coming back. If your roof is past the guarantee date from your last roof replacement, it’s probably time to replace it. Not sure about the age of your roof? You and the roofer can check that too. If you’ve got a few missing shingles or light damage, repairing is usually an option, though those signs might have larger root causes.

Roof Replacement Cost vs. Return

It’s expensive to replace your roof, but this is an expense you can pass onto the buyer. If you’ve got a roof that is worn out and past warranty, then they are buying the house plus the roof replacement, and that will force them to barter your price down. If you install a new roof, this instead becomes a highlight of your home. You can also use the replacement as a time to replace gutters or look at skylight options. Replacing the roof increases the resale value of your home, and helps you sell it faster.

Selling Your Home As Is

If you’re still thinking about selling your home as is, there are a couple things you should think about. Your roof’s state will show up in any home inspection, so have the information and paperwork about the roof (previous install and warranty) available. If you don’t have this information, it’s worth consulting with a roofer and getting the information from them. Also if your roof is heavily damaged or in need of replacement, this can actually block lending to your buyer. These repairs can be a condition before loan approval, and generally falls to the seller to make before the loan will be approved.

If you’re interested in determining the condition of your roof or need an estimate for repair or replacement, speak with a reputable roofing contractor who has the experience and reputation to help you make the decision and properly document it for your buyers.

Posted in Home Maintenance, Roofing.