You have found the house you love. The perfect location, the right amount of square footage and a great school district make this house a favorite.
But there is one problem: You might be purchasing a house with an older roof. Old roofs can be a deal breaker when you’re looking to buy a house.
A well-maintained roof can last for 30 years or longer. However, a poor installation or low-quality tiles and shingles can lead to a roof being replaced much sooner.
Ask the seller about the age of the roof and check the gutters to ensure that the drainage systems are working properly. Dry rot, which is often caused by poor ventilation, can lead to sagging or crumbling.
Get Clear on the Condition of the Roof and What’s Needed
First, be aware that your home won’t come with a new roof unless it was recently built. Every roof is subject to some wear and tear. It will eventually need to be repaired.
It all depends on how old the roof is. Do you want to buy a house with an old roof that is 15 years old? A roof that is 20 years old? As the roof’s age increases, so will your investment in repairs and maintenance.
A roof’s lifespan can vary depending on its materials. It could last between 25 and 30 years. There are many different types of roofing materials, including metal roofs, asphalt shingles and composite shingles. Weatherization is a major factor in how often roofs should be replaced.
How can you get all the facts to make informed decisions?
- To inspect the roof’s condition, hire a home inspector
- Ask the homeowner to provide documentation about the last time that the roof was replaced.
- Ask for a second opinion from professionals in roofing
- You can inspect the attic and roof space by yourself
- Get an estimate of the cost and time it will take to repair your home.
NOW THAT YOU KNOW THE CONDITION OF YOUR ROOF, IT’S TIME FOR YOU TO CHOOSE YOUR OPTIONS
You’re not the only one considering an offer on the house. The homeowner will not be as willing to negotiate on price and roof repairs in a seller’s marketplace.
Consider your roof appraisal as a way for you to protect yourself and to align your purchase with your goals. It is not a way to force the seller to make repairs before you move in. This is what it looks like.
Do your research before you buy a house with an older roof. You can then weigh your options by comparing the assessment to your goals.
- What length of time do you intend to stay in your new home for?
- Are you able to afford roof repairs right away (if necessary)?
- Are you planning to make additions to your house that could impact the roof?
- Would you be willing to make a deal with the seller if the roof’s condition isn’t perfect?
- What additional repairs are required? How much does it all add up?
HOW TO GET AWAY FROM A HOME WITH AN OLD ROOF: 3 SIGNALS FOR A BAD SITUATION
Sometimes, a roof can be in such bad shape that it is best to let the homeowner make the repairs. These major problems should be discovered during a home inspection. However, we will also discuss the danger signs of a roof that is failing.
THE ROOF STAGGING DUE to STRUCTURAL DAMAGE
It’s a good idea to remove the roof from any situation where the structure is in danger. A home buyer may need to make an investment in replacing cracked or damaged roof beams.
SHOULD A HOUSE BE BUYED WITH A ROOFLEAK?
Roof leaks can be very dangerous. If you are unsure about the severity of the leak, it is best to have a home inspector inspect the house for possible water damage and the root cause.
It may be possible to fix the leak with cosmetic repairs. You may find that the leak is not causing any significant damage. Water may be trapped on the exterior shingles or debris, which could cause a leak through the roof. The gutters should not allow water to flow into them. This is unlikely for most slanted roofs but it does happen.
WHAT COULD IT COST YOU?
It can cost a lot to replace a roof. Depending on the size of your home, a new roof could cost anywhere from $10,000 to $40,000
It is not a reason to ask the seller to lower the price just because the roof is older. If the roof isn’t maintained properly, or if there are major problems such as leaks, you might be able to negotiate.
You will be responsible for the cost of replacing or repairing your roof. This cost should be included in your housing budget.
This post was written by a roofing professional at KCG Roofing. KCG Roofing is one of the best roofing companies in Tampa! KCG Roofing has the experience and expertise to replace or repair your roof with quality materials and excellent craftsmanship. All our roofs are backed by a 15-year leak-free guarantee, the highest in the industry. We have been family-owned and operated for over 40 years.
