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Roof And A/c

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babbles

Freshman Member
Joined
Jul 31, 2017
Professional Status
General Public
State
Georgia
Been trying to get a solid opinion on whether a new roof (2 yrs old) and HVAC's (2 weeks old) will add any value to my home in the Atlanta, GA area. It is a rental in an excellent school district (4bdrm 2.5 bath) that I plan to place for sale in May. Thanks.
 
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JTip

Elite Member
Joined
Oct 12, 2004
Professional Status
Certified Residential Appraiser
State
Pennsylvania
Would new tires and a fresh oil change add value to your car?
 

SpartanAG

Member
Joined
Feb 12, 2008
Professional Status
Certified General Appraiser
State
Arkansas
I tend to look at this question like an investor: I expect a residence to have a roof and AC. I would have an idea of what I would pay for a property in good working order. If I knew I would have to replace the roof and AC soon after purchase, I would offer less for the property.

Roofs and AC units are considered short-lived items. It is understood that they won't last as long as the building and that they will need to be replaced at some point. The replacement of these items is part of the expected maintenance that goes along with property ownership.
 

J Grant

Elite Member
Joined
Dec 9, 2003
Professional Status
Certified Residential Appraiser
State
Florida
Been trying to get a solid opinion on whether a new roof (2 yrs old) and HVAC's (2 weeks old) will add any value to my home in the Atlanta, GA area. It is a rental in an excellent school district (4bdrm 2.5 bath) that I plan to place for sale in May. Thanks.

In my experience they do add value
 

TRESinc

Elite Member
Joined
Dec 1, 2011
Professional Status
Licensed Appraiser
State
Ohio
how much less would the property be worth with an older roof and older AC?
 

Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
how much less would the property be worth with an older roof and older AC?
Could we tell the difference in a 5 yr old AC v. 2? ditto roof? Only if the age is disclosed.
On poultry farms I try to itemize short, medium, and long lived items.
 
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