Whether you are buying or selling a property, building appraisals are important. For appraisals, the condition of the roof is one of the most important aspects evaluated because roofing can influence property value. The appraiser will need to look at several factors including, age, maintenance, materials, improvements, and the roofing styles throughout the neighborhood.
What Do Appraisers Look for During A Roof Inspection?
The condition of the materials is often how an appraiser will evaluate the age of a roof. They will look for missing pieces, cracks, and other damage, as well as weak spots. Damage occurs throughout the years as a result of wear and weather, so with regular inspections, you can identify damage early, before an appraiser sees it. Making repairs before an appraisal will certainly result in the property receiving a higher value.
If the age or condition of the roof has caused it to be unsafe, adding a new roof before having an appraisal is probably best. A new roof can increase the value of a property by between 15 and 40 percent. Old roofing can negatively influence appraisers, where a newer roof shows that you care for the property and when selling, it tells the new buyer they will not have to worry about
roofing in the near future.
If the buildings in the surrounding neighborhood have been kept up and roofing is well maintained, your roof needs to be too. Appraisers will evaluate the condition of your roof as it compares to those around it. If you are looking to upgrade or replace a roof, it is important to pick similar styles and materials to the roofs in the area. Having a roof that sticks out is not viewed positively by appraisers and will lower the property value.
With today’s society moving towards being ‘green’, energy efficiency is a priority in construction. Appraisers along with building owners are looking for energy-efficient upgrades to older roofing. Reflective coatings, solar panels, better insulation, and stronger bonding agents are all viewed positively and can increase the longevity of a roof as well as the property value.
If you are looking to buy, sell, or just want to maintain the value of the property, then roof maintenance and care should be a priority. The roof takes a lot of damage and is responsible for protecting the building. It is important to maintain repairs, perform regular inspections, and upgrade where possible to improve energy efficiency. With proper care, your roof will last and will contribute to higher property values over time. Call us today with any roofing questions, schedule an inspection, or find out how you can save energy and money. We can take care of all your roofing needs!