Should you Invest in a New Roof Before Putting a Property on the Market?
As the leading experts in industrial roofing, the team here at Valent Roofing understand the importance of a high-quality roof. After all, both commercial and residential properties can suffer from avoidable damage when the existing roof is unable to provide the necessary protection. In fact, it can also be harder to sell a property with an out-dated roof that needs repair work or a full replacement. Read on as we consider the pros and cons of investing in a new roof before a property is put on the market…
How much does a roof replacement cost?
The cost of a roofing replacement is dependent on a variety of different circumstances. After all, the size of the roof, the material it will be crafted from and the type of building must be taken into consideration. With this said, a roof is a beneficial investment due to its longevity guarantee which may allow sellers to make back their money without losing the interest of potential buyers.
Does a new roof add value to a property?
Selling a property is a time-consuming process and potential buyers are always on the look-out for problems that may allow them to knock down the selling price of a home. As a result, a property that requires a brand-new roof may end up selling for up to £10,000 less than a roof that has already had a roofing replacement. In fact, a roof can add value to a property and may allow homeowners to increase their sale price rather than decrease it.
How long does a new roof last?
Depending on the material it is crafted from, a roof can last between 20 and 150 years. In fact, natural materials like slate have a longevity guarantee that is impossible to obtain from man-made materials like asphalt shingles. As a result, a roof is often thought of as an investment for the future and this means that a roofing replacement can insight more buyers due to the durability of brand-new roofing materials.
It is safe to say that a roofing replacement is not a project for the faint-hearted. After all, it can be a costly and time-consuming endeavour that is often dictated by the extent of the damage. With this said, buyers tend to look for damage that can reduce the asking price and a property that requires a new roof can cause the seller to lose out on thousands of pounds! To find out more information about the pros and cons of investing in a brand-new roof on a sellable property, get in contact with the industrial roofing experts at Valent Roofing today!