How To Tell If You Need A New Roof ~ Part 2

September 1, 2015

What If You Find Roof Problems?

Just because you find signs of wear does not mean your roof necessarily needs to be replaced. It may just need some repairs done to extend its life. A quality shingle roof should last at least 20 to 30 years, especially with regular maintenance by knowledgeable professionals. If your roof is tile it should be good for quite a bit longer, even up to 100 years before replacement.

Typically an asphalt shingle roof that is architectural grade with last at least 30 years. An architectural shingle looks different than a standard asphalt shingle which looks completely flat when looking from the ground. An architectural shingle has “depth” and most would agree looks much better. These shingles are more expensive and rightly so given how much better they look and the extended roof life they deliver.

Once you notice an issue, contact a roofing contractor to get an estimate on getting the repair work done. It is usually best to get a few estimates to get an idea of what the cost will be and to feel out several contractors before you commit to one. Get references from them and contact those references before you give the go ahead on the roofing repairs.

If it has been some time since you have examined your roof, or your roof is old enough where replacement is the only option, it is best to bite the bullet and get the work done. There is no denying that having a whole new roof put on is expensive, but it is an investment in your home.

It makes the home livable, prevents any further damage from the elements to other parts of the home and makes the property more appealing should you choose to sell it. A new roof is considered by home appraisers in the appraisal process and will appeal to any potential buyer who views your home.

If you are going to sell your home however, you may not necessarily want to go out and purchase a new roof. You may be thinking why and the answer is simple. A roof does not have a very good rate of return when selling a home. A buyer is going to expect to purchase a home that has a decent roof but it has been shown over and over again they will not pay extra just because your roof is new. All things being equal a buyer will pay for more tangible things such as an updated kitchen or bath they can use and enjoy daily.

So for example if a new roof on your home is going to cost $10,000 you are more than likely going to be out of luck if you think that adjusting your sale price upwards by $10,000 is going to be acceptable. More than likely you will not get anywhere near a 100 percent return on a roof and in fact far from it.

This is where I come in, I can give you guidance as this is yet another one of the points in a real estate transaction where a good Realtor is needed most!  Unless your roof is in dire need of replacement the advice will be a wait and see approach. The buyer will more than likely do a home inspection in which the roof will be flagged.  This permits me to negotiate a home inspection settlement with the buyer that in many cases will end up being less than a full replacement which allows you to save money! 

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