Whether you own a big home or a smaller one, getting a new roof is a major investment and it becomes more important than ever if you are looking to sell your home in the near future. But does roofing installation Vancouver really increase your home’s value to make it more saleable? Let’s get to know it below.
According to home décor experts, if you choose the best roofer Vancouver to work on your new roof, your home’s value is bound to increase. The National Association of the Remodeling Industry (NARI) described in their 2019 remodeling impact report that fresh roofs can give a 109% return on investment. That report states also agree that 39% of realtors propose that their sellers replace their roof before attempting to sell their home, and 33% agree that a new roof helped do a deal.
Even if a fresh roofing installation in Vancouver roof doesn’t provide you a one-for-one return on investment, it can help with the property promotion and rapid sale of your home. New homeowners typically aren’t ready to take on a big renovation just after spending money on the down payment and wrapping costs of their new home. For this cause, several new home buyers are looking for a home that is “turn-key” – in other terms, one they can drive right into without having to do any work on asphalt roofing Vancouver on their own.
When comparing two properties in the same price band, a home buyer is attempting to be more possible to make a generous offer on the one that has the latest roof repairs and updates, as they agree it will save them money in the long term. If they are searching for a property that evidently requires a new roof, buyers will emotionally put on more money to the listing price.
In many regions, it’s a legal compulsion to reveal any damage or structural problems in a home to the possible property buyer. Even if it’s not, if the buyer or mortgage lender needs a home check before closing, the underlying problems will rapidly be discovered by the best roofer Vancouver and could hang on a sale, resulting in time wastage and delaying the sale.
