Selling your Cambridge home means getting your entire property in tiptop shape before you list. For many would be sellers, the roof is one of the biggest potential repair costs to consider. For buyers, a new roof can be a major selling point. However, to sellers, considering roof repairs in Cambridge may seem like a giant wallet drain, with little return on investment.
If you’re wrestling with whether you should contract roof repairs in Cambridge, it’s important to consider several key factors before making your final decision.
First things first – take a look at your current roofing surface. Is there noticeable damage to the area? Missing or broken shingles? Actual holes in your roof? The exterior of your home is the first thing that potential buyers will see, making curb appeal critical. Determine if your roofing structure poses a potential threat to buyer interest when making your decision.
The answer to hiring someone for roof repairs in Cambridge can be as easy as taking a look at your current liquidity status. In short, can you afford to hire someone to fix your roof without having to take out a home equity loan? And will you recoup the cost when you sell to ensure you at least break even on the expense?
Will Insurance Cover Costs?
While you’re determining your current budget for roof repairs in Cambridge, you should also consider any insurance coverage you have that may help defray direct costs. If you’ve incurred damage due to storms or natural disasters, you should contact your insurance company to get details about your policies.
Talk with a local realtor to gauge the current housing market temperature in your neighborhood. If you’re in a sellers market with the potential for multiple offers competing for your property, you will have a little more wiggle room with needed repairs. Likewise, if there’s a lot of homes on the market vying for buyer attention, the more you can do to have your property stand out, the better.