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Keep a Lid on it!

Tue, 3rd May, 2011 - Posted by Sean Kavanagh

Roofs have always been a concern for buyers, but I think with all the recent shows on TV (e.g. Holmes Inspection), people are becoming more concerned with the condition of the roof as the effects of water damage are quite scary. Every time Mike Holmes identifies roof damage, interior walls are coming down and men in radioactive protective gear show up on the scene to remove all the mould! If you know that your roof will need replacing in a year or two, do yourself a favour and re-shingle the roof before you go to market to avoid losing buyers. On the average home, re-shingling can cost between 3,000-5,000 dollars. Home sellers will get that money back in the asking price as you can compare your house (with a new roof) to the one that sold next door that needs a new roof. The perceived value of a new roof is often much higher than the cost of the improvement.

So, pay for the work ahead of time to give potential buyers one less issue to deal with. Translation: one less issue to try and bring down your asking price!

For a free market evaluation and inspection of your property, call or write today at 905-220-9198 or sean.kavanagh@century21.ca. I would be happy to sit down with you to discuss how to get top dollar for your home.

Category: Home Improvements / Sellers

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