Your roof condition impacts house sale value
You are ready to sell your house, but is your roof ready? The condition of your roof directly affects the value of your home and the ease of the sale. Here’s why roof condition impacts house sale value:
- Buyers will determine the amount they will offer based on the age of the roof. Air conditioning system and the condition of the kitchen and master bath also affect offer price. These are the most important elements of a home’s value to buyers so that they can determine what might be needed to replace in the future.
- Home inspections focus on the age and condition of the roof. While most shingle roofs are expected to last 20 years, in the Florida sun and heat, it is usually closer to 15 years. Home inspectors will assess roof condition and try to estimate the number of years left on the roof.
- Buyers’ insurance companies require a 4-Point Inspection to determine the estimated life remaining on a roof. The inspection covers HVAC (Heating, Ventilation and Air Conditioning), Electrical wiring and plumbing connections and fixtures, too. As long as a roof has five to seven years’ life remaining, the house will normally pass the 4-Point Inspection.
- Appraisers look at the age and condition of the roof to compare it to other properties sold. They will discount a house’s value if the roof is 13 years or older if it’s shingle. Tile and metal roofing have a longer life expectancy, so their value is not discounted unless the roof is over 25 years. The age and roof condition impacts house sale value accordingly.
Maximize Home Value
American Roofing and Sheet Metal wants you to maximize the proceeds you net when you sell your home. Call 813.884.1815 to identify problems before buyers and inspectors do. We can help with repair or replacement so that you will get the top price in 2020.
