The value of your home is based on many factors. Some of the factors you can control, while others are not so easy. Whether you are trying to sell, or just want to ensure your home maintains its value, your roof is an important part of the equation.
Here’s a closer look at 6 reasons why your roof might be decreasing the value of your home and why you might want to get it replaced.
1. It Needs Immediate Replacement
The biggest factor is a roof that is in desperate need of replacement. If you are planning to sell your home, do not leave this for the new owners. A roof is expensive and you will likely lose more than the cost of a new roof from the reduced price you are offered.
Buyers do not want to deal with a major repair upon purchase. Lenders may be hesitant to make the loan. Get a new roof before you put your home on the market.
2. It is Leaking
A leaking roof is not good whether you are selling or not. Even a small leak will eventually become larger and will eventually damage the interior of your home. Leaks can also harm the structural stability by damaging the trusses. A roof repair is inexpensive and well worth your time and money.
3. You Have Two Old Layers
This plays a factor when selling a home. If you already have two layers of roofing, and the top layer is reaching the end of its expectancy, you are in the same position of a homeowner that immediately needs a new roof. Even if you are not selling, take the time to get estimates now and prepare for having the work done.
4. Isn’t Curb Appeal Friendly
Your roof may not actually need replacement, but loose shingles, moss and stains are making it unsightly. Remember that curb appeal is huge with buyers. Seeing mushrooms growing on your roof will not draw anyone in. Get the repairs you need done now. This type of damage will also increase over time, leading to the need for a complete replacement.
5. It is Too Unique
Just because you can buy a roof in Mint Green or Aztec Yellow does not mean that you should. If your home is set far out in a rural area, choose the color you like. Otherwise, stick with something that does not stand out like a sore thumb.
The turrets you added with spiked spires are your perfect idea of a castle. However, this style is not everybody’s idea of a good-looking roof. You may want to have special touches removed to improve the value of your home.
6. It is Unusual
An unusual roof may not really decrease the value of your home, but may present a problem in the eyes of a buyer. A metal or green roof may actually increase the value of your home. The problem is that many individuals do not understand the benefits. They may think a metal roof will rust or be noisy during storms. Arm yourself with information from your contractor to reassure buyers that the roof you have is a good solution.
