![]() ![]() After we moved in, we had the roof replaced by the roofer who it turns out had put on the original roof and we felt we had been treated fairly in that aspect of the purchase. "We had the local roofer supply us an estimate, which the seller was only too happy to deduct from the price of the sale. Please note, he did not mention the antiquated wiring, the flooding basement, nor the backyard drainage issues, but at least we felt he was honest about the roof. "When we purchased our limestone bow-front house in Bay Ridge, Brooklyn, the seller tactfully told us the roof needed replacing. It's not a requirement to replace a roof prior to listing or selling any more than it is a requirement to replace windows or appliances. ![]() "While a roof is one of the most important aspects of a house - along with mechanical systems, flooding and floodplain issues, vermin, asbestos, and radon gas - replacing your roof prior to selling only removes one obstacle to a signed contract. Gerard Splendore is a broker with Warburg Realty Partnership in New York City with about 20 years of experience in Brooklyn and the Bronx as an agent, landlord, co-op shareholder, and townhouse owner. Here, from east to west, is what they had to say. Louis, and Los Angeles - what they recommend to their clients. To get some expert opinions, Millionacres asked three veteran real estate agents and investors - from New York, St. Buyers in cooler markets might have more of an upper hand in that deal, as long as the property passes muster - that is, the roof doesn't leak.Īnd the answer may well vary depending on whether you're selling the home as an investment or a primary residence. If you're in a hot spot, buyers are going to be more likely to look the other way to get their hands on your property. Fancy jobs, like a slate roof on a large home with a lot of pitch, can easily hit $100,000 or more. Angie's List pegs the price at $4,900 to $14,100 for a typical replacement. That varies widely depending on size and condition of the roof, where the house is, what materials you're using, and who would do the work. New roofs are often advertised in house flyers and online, but what should you do if you have an old roof? Is it worth the investment to replace it before you sell?įirst, consider the cost. Do you need to replace your roof to sell your house? ![]()
0 Comments
Leave a Reply. |