Talk of The Villages Florida - View Single Post - New roof and resale value
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Old 10-13-2024, 11:27 AM
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Quote:
Originally Posted by jrref View Post
This is a great response. Although you may not recoup the entire cost of the roof, most potential buyers will deduct the cost of the roof when making a bid. If the roof is really old, it will come up in the inspection. You may get lucky and find someone with deep pockets who won't care but at the end of the day expect your home to be on the market a very long time.

As far as the bond is concerned. Agreed, most say it doesn't make a difference but then why on homes with the bond paid off does the listing say in very big letters "BOND PAID"? The truth is, if your bond is paid off, its just another selling point for your home like a new roof, new appliances, etc..
Yes, and the price of the house goes up proportionally too.