A Middle Aged Roof Will Cause You The Least Stress When Selling Your Home


A Middle Aged Roof Will Cause You The Least Stress When Selling Your Home
By Scott Rogers • September 13, 2018
And conversely -- selling a home with an old or a young roof can be frustrating! OLD ROOF -- If your home is 25 years old (circa 1993) and still has the original roof, it can be frustrating to try to sell your house -- with that old roof. Many buyers are going to be (reasonably) concerned about the near-term replacement cost of that roof. They're not going to want to pay the same price as someone just paid for your neighbor's house which has a 10 year old roof on it. NEW ROOF -- If your home is 30 years old (circa 1988) and you just replaced the roof last year, it can be frustrating to try to sell your house -- with that amazing, beautiful, recently expensive, new roof. This is not to say that buyers won't be excited to buy your home with a new roof -- they would love to do so -- they just won't want to pay $12K more than someone just paid for your neighbor's house which has a 10 year old roof -- even if you just paid $12K for the new roof. There isn't much you can do about the age of your roof -- unless it is time to replace it -- so this is more of a heads up of the potential frustrations outlined above more so than any particular recommendation. But as a best attempt at some recommendations... If you have a new roof -- be happy for the buyer of your home, but don't get caught up in trying to get the buyer to pay your total roof replacement cost above and beyond the sales price that recent comparable sales would suggest would be reasonable for your home. If you have a middle aged roof -- relax, enjoy it, sell your house without people asking many questions about the age of your roof or your plans to replace it. If you have an old roof -- you'll either need to replace it (and end up in the first category above) or sell with the old-ish roof and know that buyers will want to beat you up a bit more than normal in negotiations. Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 24, 2024 (unless otherwise noted).
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