It’s easy to think you’re making the right move when trying to boost home value, but it can be trickier than you think. Adding that dodgy extension done by your uncle, which takes up half the backyard? That may not be the best way to improve home value.
It’s kind of like putting neon lights on your 1998 Daewoo… it may please you personally, but it won’t make anyone else want to pay more for it.
A roof restoration, on the other hand, is guaranteed to boost home value. That’s why it’s such a popular renovation for homeowners looking to put their home on the market in the near future. It’s low-cost, low-risk and high-outcome!
Roof condition and property value: the perfect relationship
Roof condition plays a big role in the final price of your home (unless of course your block is most likely going to be developed). So, how can a roof restoration add so much value to a property before it goes on the market?
- Curb appeal and improved façade
The roof, for most homes, is one of the first visible features when standing on the street. A roof in poor shape can send even the most enthused buyer running, or at least they’ll try to use it as ammo in negotiating the price down. Even if the buyers aren’t building experts, the building inspection (which is down by experts) will reveal a roof in poor condition. Roof restorations fix this problem and add value to your home.
- Low-cost, high-reward
The best type of value-boosting renovations are ones that cost little but make a huge impact. Painting the interior, rendering the exterior, roof restorations – these renovations cost little, but they go a long way in improving your home value! A roof restoration costs between $3k-$6k, but can add up to $12k of value to your home.
- Signifies care level of the property
We’ve said it time and time again: a picture says a thousand words. When that imagine of a shonky, old roof is conveyed, it forces the question, ‘What else is wrong with the property?’ Even if your property is in absolutely A1 condition in all other ways, a roof in poor nick can put off a lot of people. Roof restorations add value to your property, not just because of the physical improvement they make, but because they symbolise care and thorough maintenance of the home.
Looking for a way to improve the value of your property? Royce Roofing are the team to call. Whatever the roof job that needs doing, Royce Roofing do it for you. Melbourne’s finest team of roofers are at your service, offering re-bedding and repointing, tile replacements, valley iron replacements, gutter work, roof restorations, roof replacements and more. Royce Roofing have over 300 years’ combined experience in the field, so there’s absolutely nothing we can’t do. Get in touch with the legends at Royce Roofing for a competitively priced job of the highest quality.
