Stop Low Ball Offers by Fixing your Roof

Stop Low Ball Offers by Fixing your Roof

When it comes to our current real estate market, I enjoy reading about the trends and patterns as much as possible. It’s always good to know as much as you can on this subject. This is especially true if you find yourself getting relocated and having to buy or sell in a pinch. When it comes to deal breakers, my realtor friend Debbie tells me, foundation issues, roofing issues, and outdated bathrooms are the “big three” that she sees most. The most common she says, is a bad roof. Not a good thing to have when desperate to sell your home.

When it comes to residential roofing, most roofs are replaced, or at least repaired, every ten years. Most asphalt shingle roofs have a lifespan of 15 to 20 years. Slate, aluminum, steel, and clay roofs all have life spans of 50-plus years, some lasting up to 200! Because of this, many homeowners are switching to metal roofs and never looking back. Realtors say, buyers know metal lasts a long time and are attracted to homes with these types of roofs. Put it this way, if you have a problem roof, you will not get asking price for your house. If you do get an offer, (you may not) expect one that is at least twenty thousand dollars under your asking price! Ouch!

Metal is fast becoming a popular option both in commercial and residential roofing properties. They are durable, fire retardant and almost maintenance-free. They are also energy efficient; metal roofing reflects heat and blocks its transfer into the attic. Research by the Florida Solar Energy Center in 1985 showed that metal absorbed 34 percent less heat than asphalt shingles, and homeowners switching to metal reported saving up to 20 percent on their energy bills. This is a great feature in both the scorching hot summer months as well as the cold winter months.

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