If you’re planning on listing your home for sale, you of course want to do everything that you can in order to ensure that you are maximise your return once the home is sold.
In order to do this, it’s always best to take on a little home improvement work before you put your property on the market. This could be anything, from simply repainting and carrying out repairs, to installing a new kitchen, to landscaping your garden or to adding an extension. However, there’s one other home improvement which could be the most beneficial of all – having a new roof installed.
Having your roof replaced may seem like quite the investment, especially considering that you’ll likely be paying out on renovations once you move to your new home. Nevertheless, it’s an investment worth making – and here’s why.
How Much Value Will A New Roof Add To My Property?
In a survey carried out by the credit card providers Zopa, it was found that customers who decided to replace the roof of their home before selling saw a return on investment of around 63% on average. Needless to say, that’s no small return, especially when compared to the return on investment released by other home improvements.
How Does This Compare To Other Home Improvements?
Here’s how the return on investment from installing a new roof compares to the return on investment achieved on average by other home improvements.
Roof replacement: 63%
Cellar conversion: 30%
Garage conversion: 15%
Kitchen extension: 15%
Conservatory installation: 10%
Create open-plan living area: 3-5%
As you can see, when compared against other common pre-sale home improvements, a roof replacement certainly comes out on top – no pun intended!
Why Do Roof Replacements Add So Much Value?
So, what is it about the installation of a new roof that makes it such an effective home improvement for those listing their property on the market?
First, a roof replacement is one of the longest lasting improvements that can be made to any home. A good roof, depending on materials used and quality of craftsmanship, could last upwards 50-60 years. This means that potential buyers could be looking at never needing to replace the roof themselves during their time at the property, which will be a huge point of appeal when compared to other homes on the market where this work will need to be carried out in the future.
The quality of the roof also makes a huge difference on the likelihood that extensive repairs will need to be carried out on the property within the near future. After all, leaks in a roof could lead to any number of disastrous problems, such as electrical faults, interior damage and even structural damage. If the roof has been recently replaced, potential buyers can rest safe in the knowledge that these urgent and often expensive repairs are unlikely to be needed at any point within the near future.
Finally, there are some inconveniences when it comes down to having your roof replaced, such as the amount of time that the work will need to be completed, the construction of scaffolding to support the contractors working on the roof, etc. Of course, if you do choose to replace your roof, these inconveniences fall on yourself – though we’re sure that you’ll find that the benefits of having this work carried out are more than worth it.
How Much Does It Cost To Replace My Roof?
The cost of roof replacements vary depending on a number of different factors, such as the materials you are looking to have used, the type of roof that you currently have (flat, pitched, etc.) and the contractors that you decide to use.
Here at Roof Care (North Staffs) Ltd., we pride ourselves on working to achieve the best possible finish on every roofing project that we complete, tailoring each individual project to the individual client – and we strive to do it for the most affordable price that we can.
We have over 49 years of experience within roofing, so you can ensure that we approach all our work with care, professionalism and an enviable skill-set. We are highly skilled and trained in all aspects of domestic, commercial, and heritage roofing for our clients across Stoke-on-Trent, Staffordshire, South Cheshire, and further afield.
If you are in this area and are looking to have any roofing repairs, maintenance or replacements carried out, why not get in touch on 01782 792809 and see what Roof Care (North Staffs) could do for you?