Selling House With Old Roof

Are you buying a house with a 15 year old roof.

Selling house with old roof.

The higher that number climbs the sooner you as the new owner will need to invest in its repairs and fixes. Buying a house is serious business. A new roof is often worth a lot to potential buyers because it puts their minds at ease about looming future problems. Additionally if the roof is old enough to need replacing do not settle for a few new shingles.

If you re lucky and sell in a competitive market then buyers might be more willing to overlook minor maintenance issues with the roof to win the offer and it won t make a dent in the final sales price. If you are about to sell should you replace the roof. You need to prepare yourself to walk away from the house if necessary so do not bluff. So consider every counteroffer that the seller makes but do not rush.

While the lifespan of an asphalt shingle roof is 15 to 20 years most steel and aluminum metal roofing systems come with a 30 to 50 year warranty. Depending on the materials a roof could last longer than the average around 25 30 years. Similarly selling as is and pricing your home lower to compensate could work in your favor to attract multiple buyers in a bidding war. Prior to listing a home many sellers find themselves with a dilemma.

Invest a considerable amount of money in a house you plan to sell by replacing the roof and hope to recoup the cost in the final selling price or forgo replacing the roof and hope that the buyers don t negotiate a much lower selling price as a result.