Written By The Simply Homes Team | August 25, 2022 | 3 minute read
When you decide to sell your house, expenses can start piling up faster than you would expect. One of the biggest expenses of listing any home for sale is the roofing repair cost. By and large, homeowners are interested in houses that are move-in ready, so you can’t overlook roof repair.
If your house has a bad roof and repairs are prohibitively expensive, you may consider selling it as-is instead. However, the choice between repairing and selling isn’t always clear-cut. Here’s what you should know about the cost of repairing your roof and the option to sell your house as-is.
Modern residential roofs are constructed in several layers to create a waterproof barrier that can stand the test of time. Of course, this complicates the issue of determining roofing repair cost because most repairs will be broken down into several different parts.
The cost of roof repairs can vary dramatically depending on the type, location, and severity of the damage. It’s difficult for the layman to assess the extent of damage with a simple visual inspection. Fortunately, many roofing contractors offer low-cost inspections, so you can get a professional estimate for the work your roof needs.
Shingles and flashing are the parts of your roof that are directly subjected to environmental weathering. Shingles help water run into your gutters while flashing creates a watertight seal around chimneys and vents.
Since shingles and flashing can wear quickly, they are designed to be easily replaceable. Shingle and flashing replacement is categorized as minor roofing repair. However, you must also consider labor costs. Networx.com explains: “Minor repairs can cost anywhere between $100 and $400, depending on the level of damage and size of the affected area. Labor can cost anywhere from $50 to $80 per hour, depending on the complexity of the job.”
The underlayment is a thin sheet of material that makes up the bottom layer of your roof. The underlayment serves as a final waterproof barrier to protect your home’s frame from water damage and mold.
Underlayments in modern roofs are usually made of felt or a synthetic polymer. Felt underlayment repair usually costs between $0.50 and $0.75 per square foot, while replacing synthetic underlayment ranges from $0.75 to $0.90 per square foot.
A sagging roof isn’t a problem to take lightly, but what can cause it to sag in the first place? Roofs begin to sag when they are subjected to excessive weight that they weren’t designed to handle. This commonly happens when snow, ice, tree limbs, or other heavy debris lands on the roof.
Sagging can point to damaged sheathing, bracing, or rafters beneath the roof. Sagging can breach your roof’s waterproof barrier, and water infiltration may further drive up repair costs. Sagging may cost hundreds or thousands of dollars to repair, and sometimes requires complete replacement of the roof.
In the past, repair was a necessary part of selling your house. With instant cash buyers such as Simply, you have the option to forego the traditional real estate process when you sell your house. There are several advantages of this approach for the home seller.
If you’re struggling to collect the funds for your home’s roofing repair cost, selling as-is could be the answer. Real estate investing companies buy houses as-is and factor the cost of repairs into their offer. This way, you can sell immediately without investing time and money in repairs.
When you sell your house with a real estate agency, the agents and brokers involved in the transaction will take a cut of the sale. In most cases, real estate fees average out to around 5 percent of the home’s value. When you sell your house to Simply, you’ll receive an all-cash offer with no hidden fees.
A roof in disrepair is a fast track to failing your inspection before you sell your house. Simply skips the inspection and instead uses a quick in-home assessment to value your house in its current condition.
The assessment process helps us close your all-cash home sale in days so you can focus on your move. If selling as-is sounds like a better option than repairing your roof, we’d love to hear from you! Request an offer on our site and take the hard parts out of selling your home!
November 10, 2022