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Updated over 6 years ago on . Most recent reply

Joshua Wilson's profile image
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Joshua Wilson
  • Rental Property Investor
  • from Laguna Beach, CA
  • Member since Jul 15, 2018
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Joshua Wilson's profile image
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Joshua Wilson
  • Rental Property Investor
  • from Laguna Beach, CA
  • Member since Jul 15, 2018
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Joshua Wilson
  • Rental Property Investor
  • Laguna Beach, CA
5
Votes |
20
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General Landlording & Rental Properties

Roof Replacing add value, if so, how much as a % of cost?

Joshua Wilson
  • Rental Property Investor
  • Laguna Beach, CA
Posted

I am looking to add a new roof to a newly purchased rental property. If the roof repair costs roughly $7,000, is there any average increase in home value I can expect? Thanks!

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Mike Cumbie's profile image
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Mike Cumbie
  • REALTOR®
  • from Brockport, New York
  • Member since Oct 2, 2015
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Mike Cumbie
  • REALTOR®
  • from Brockport, New York
  • Member since Oct 2, 2015
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Mike Cumbie
  • REALTOR®
  • Brockport, NY
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Mike Cumbie
  • REALTOR®
  • Brockport, NY
ModeratorReplied

@Joshua Wilson

I was just looking at this stat the other day. It is specific to zip code. In ours it was around 48% of cost of roof or something close to that.

  • Mike Cumbie
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