Knowing how to take care of a roof is the most important factor in deciding whether to repair or replace your roof. Your roof needs to be evaluated before coming to any verdict, as it is one of the most important decisions and investments a homeowner can make.
It is tricky to time a roof replacement; if you wait too long you leave yourself vulnerable to water or weather damage to your house both internally and externally. If you do it too soon, you are wasting your money. The standard life of a roof is 20 years, so knowing how the age of your roof is important when determining whether to repair or replace it.
Yearly inspections of your roof will help you to prepare for possible upcoming issues. Trouble areas can be spotted in the form of dark areas or peeling paint on the indoor ceiling or water spots near HVAC ventilation devices or fireplaces. Outdoor telltale signs include soot buildup in gutters or shingles in poor, cracked condition. If you need help evaluating your roof, call a roofing company, many of which will provide a free estimate/assessment.
An entire replacement roof averages around $20,000 ($3/sq. ft.) for a new asphalt roof. Therefore, it is key to make sure that a spot repair is unable to get the job done. Spot repairs can cost anywhere from tens to hundreds of dollars. If you have just one leak, a quick repair may be all that is needed. If there are multiple leaks and the age of your roof is nearing 20 years, it may be time for a replacement.
Be sure to check with your insurance agency not only for roof coverage but also for a discount on a new weatherproof roof. If a recent storm has ripped through your area, insurance may cover the costs of a new roof. If you simply need to replace as a result of weathering or age, they may offer an insurance discount for a new roof.
Replacing a roof can increase the value of your home when reselling or refinancing. Potential buyers will want to know what has been repaired or replaced and when. During the home buying process, if you don’t think you need to replace a roof because you will be leaving in a few years, that may not be the case. Potential buyers will inspect your roof to see how much life it has left and that could mean an increase in the value of your home.
Once you have determined that you do in fact need a new roof, get several competitive offers. Once you do, though, look at the entire offer rather than just the total cost. Some companies will use thicker, longer-lasting materials; others may charge more for labor.
While a new roof may not be the most exciting investment, it can be widely beneficial to you as the homeowner. After all, you can’t live without a roof over your head!