Quote:
Originally Posted by ithos
I have a 15 year old roof. If I were to replace it and put my house on the market in the next year or so would the increased value be high enough to recoup most of the cost? Or is it wiser to just wait and let the new owners replace it? I live in The Village of Fernandina.
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I can tell you when I was looking for houses in the Villages, one of my criteria was a roof not older than 5 years or a price to compensate for replacement cost + hassle. Mostly, I focused on houses with newer roofs. So, while I doubt if you recoup the investment, your house will probably sell sooner.