If you’re thinking about selling your home sometime in the next few years, consider adding a new roof. While roofs might not seem as obvious as, say, an updated kitchen or remodeled bathroom, it’s a worthwhile investment. Flynn Roofing explains why.
The ROI on a New Roof
The return on investment (ROI) for a new roof falls anywhere between 60-85%. We recommend replacing your roof if you’re planning to sell your house within a few years. The newer the roof, the better the ROI.
Why a New Roof?
When potential buyers look at your house, it’s unlikely they’ll climb up onto the roof. So why bother replacing it when it’s such a significant investment?
Buyers Don’t Want to Spend More Money
When you put your home on the market, your real estate agent will highlight the new roof. This is because buyers, who are already spending an enormous amount of money on a new house, don’t want to have to consider adding a new roof upon moving in. A house with a new roof offers buyers the peace of mind of knowing that their new roof won’t need fixing or replacement anytime soon.
While buyers may not inspect your home’s roof up close, they’ll still notice it when they see your house for the first time. Roofs make up 40% of your home’s exterior. An old, worn-out, or sagging roof is a major turn-off for buyers. A new roof implies that the house has been well cared for, which means fewer renovation projects for the buyers.
Energy Efficiency
An energy-efficient roof signals to buyers overall savings when they live there. They’ll require less heating in the winter and less air conditioning in the summer, which means lower bills.
Curb Appeal
A new roof also adds curb appeal to your home. Increased curb appeal makes your home more attractive from the sidewalk before potential buyers even come inside. When your realtor takes photos of your home to post online, good curb appeal will help attract buyers to open houses or private tours.
Warranty
Most modern roofing systems come with extensive, transferable warranties, offering prospective buyers a sense of security and confidence in their investment. These warranties not only reflect the quality and durability of the materials used but also serve as a safeguard against unforeseen issues for years to come.
Insurance Premiums
Upgrading to a new roof can potentially lead to lower homeowners’ insurance premiums, something buyers will find particularly attractive.
Inspections
Your home will need to be inspected before you close the deal with a new buyer. If the inspector finds anything wrong with your roof, this can delay the process – or turn the buyer off completely. A new, well-crafted roof is more likely to pass inspection and save you time in the selling process.
All of these factors equal a higher ROI on the cost of your new roof.
Signs You Need to Replace Your Roof
Not all homeowners need to replace their roofs before selling. However, if you think you might sell your home within the next few years, look for these signs:
- Your roof is over 20–25 years old: If your roof is nearing or past the 20-year mark (especially for asphalt shingles), buyers may assume it’s due for replacement. A visibly aged roof can lower your home’s value and scare off potential buyers concerned about future repair costs.
- Shingles are curling, cracked, or missing: Damaged or missing shingles signal to buyers that the roof hasn’t been well-maintained. These visible defects not only hurt curb appeal but also hint at deeper structural issues or leaks.
- You notice water stains or soft spots inside your home: Discoloration or sagging in your ceilings or walls could mean your roof is leaking. These signs raise red flags for buyers who may worry about hidden mold or water damage.
- Roof valleys or flashing are rusted or compromised: Roof valleys are where water flows. If these areas or the flashing are rusted or deteriorating, it can lead to serious (and deal-breaking) leaks.
- Gutters are clogged with shingle granules or show plant growth: If your gutters are collecting granules or even sprouting plants, it’s a sign your shingles are breaking down and water isn’t draining properly. Buyers might assume the roof and drainage systems are in poor condition.
- The roof hurts your home’s curb appeal: If your roof looks visibly outdated, stained, or mismatched, it can detract from the overall impression of your property.
Any of these signs mean you should seriously consider replacing your old roof before you put your home on the market.
FAQ
Q: What type of roof will add the most value to my home?
A: Better materials equal higher ROI on your home’s value. Metal roofs generally offer the highest ROI because they are energy-efficient and last several times longer than asphalt shingles. However, any new roof will add to your home’s ROI.
Q: What other factors should I consider when replacing my roof?
A: In addition to the materials you choose, consider installing a new roof that’s energy efficient, durable, and matches your home’s aesthetic.
Get the Most ROI On a New Roof With Flynn Roofing
Thinking of selling your home? Invest in a new roof! The experts at Flynn Roofing will happily answer all of your questions and help you choose the best new roof for your home.
If you live in Middlesex, Norfolk, Plymouth, or Suffolk Counties, we offer no-obligation, free estimates. Contact us today for all your roofing needs!