As your roof gets older, it will inevitably
lose its integrity over time and experience damage. You may be trying to determine
whether it is cost-effective to get a roof replacement or just continue making as-needed
repairs. Unfortunately, there is not one clear answer across the board. The cost-effectiveness
will be determined on a case-by-case basis. Keep reading to learn more about
the cost-effectiveness of roofing repairs vs. replacements.
While the true cost-effectiveness is
determined on a case-by-case basis, there are factors to keep in mind before
moving forward with a roof replacement:
Age Of
Your Roof
If your roof is 10 to 15 years old, it is
beginning to experience wear and tear. If your roof is 20 years old or older,
it is nearing the end of its lifespan. As it continues to get older, the issues
and repairs will continue to appear, which could leave you with a hefty stack
of repair bills. An aging roof is an opportunity to opt for a roof replacement.
Type Of
Roof
If you have a roof that is a very expensive
material such as slate and tile, you may want to opt for a repair instead of a
replacement due to the cost of material and labor to complete a replacement.
However, if any structural damage is included in the issue, it is time to do a
replacement to prevent any more damage to your home.
Extent
Of Damage
The cost of the repair will ultimately depend
on how extensive the damage is. If only a few shingles are missing or you found
the beginning of a small leak, the repair cost could be feasible. However, if
you uncover extensive water damage to the shingles, roof decking, or attic, you would need a replacement to clear out all the affected material.
When the damage becomes extensive, the cost of the repair could be like the
cost of a new roof.
How
Long You Will Stay In Your Home
If you are currently in your forever home, it
makes sense to invest in a new roof on a home you plan on staying in long term.
However, if you are in a starter home or plan to move soon, it may be the
financially smarter choice to only pay for the repair. But if the roof is in
overall poor condition, your home's resale value could be lower and become an issue selling the home too.
If you think it may be time for a new roof but
you aren't sure, learn the signs of a roof that is ready for replacement.
Ultimately, the best way to know if you need a
roof repair or replacement and which option is more cost-efficient is by having
an inspection done by a trustworthy and experienced roofing company.
ARAC Roof It Forward offers free video
inspections so you can see any damage on your roof for the safety of your
home. After the inspection, our trained technicians will review any damage they
find, the repair options, and the associated costs. Schedule your free video
inspection today.