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How Roof Replacement Saves You Money

At some point or another, many homeowners will wonder whether to repair or replace their roofs. Generally, roof repairs and replacement are one of the most common home improvement projects. This explains why, according to IBIS, the roofing contractors industry’s market size has increased an average of 2.7% between 2015 and 2020. When it comes to roof repair vs replacement, the truth is every home will eventually need a new roof sooner or later.

No matter how properly maintained your roof is, there comes a time when repairs are not enough to counteract the effects of wear and tear. That means getting a new roof, which you may not look forward to because it costs more than the repairs. However, the cost of a new roof is not so bad if you consider that a new roof can help you save more money in the long run. Here’s how.

A New Roof Can Reduce Your Heating And Cooling Costs

Once you splurge on a new roof, you may soon be smiling all the way to the back because of lower energy bills. Ideally, your roof should provide enough insulation to prevent air leakage. But as a roof gets older, leaks are more likely to happen. For instance, it’s normal for asphalt shingles to get broken or damaged. Strong winds can also snatch away your asphalt shingles, leaving you with missing shingles and weak points for air to leak from or enter your home. That means during summer, your air conditioning unit will have a hard time keeping your interior cool since the cool air will constantly escape.

Similarly, when the weather gets colder, your home won’t feel warm enough and you may be forced to turn the heat up so you don’t feel the effects of the cold air leaking into your home. This not only reduces the comfort level of your home’s interior but also increases your heating and cooling costs.

Here’s where a new, more energy-efficient roof can help. For starters, a new roof with a lighter color is more energy efficient since lighter colors are better able to reflect the sun’s rays instead of absorbing the heat. When your home absorbs less heat during hot months, your cooling costs are also lower. You can also find many roofs with Energy Star labels for more efficient indoor cooling.

These roofs have superb reflective and emissive properties which explains why some of them are also referred to as cool roofs. When it comes to reducing heating costs, a new roof offers better insulation overall, preventing cold air from entering your homes and keeping warm air locked indoors, so that your environment is more comfortable during winter.

New Roofs Are Now More Durable And Last Longer Due To Improved Roofing Technologies

Like most technologies, roofing technology gets better with time. Therefore, the roofing options available on the market are now more durable than ever. For instance, the latest roofs have high resistance to a lot of things, including strong winds, impact, and fire. The higher the ratings the more you can expect your roof to last longer. Additionally, there’s a wider selection of roofing materials, such as metal, tile, asphalt shingles, and slate which have longer life spans. Not only do you get a more durable roof, but other roofing materials like underlayments are also of higher quality. These now offer superior protection against moisture penetration. By investing in a new roof, you’re taking advantage of the latest technologies. To reap maximum benefits, avoid falling for cheap price tags as this can mean another roof replacement sooner rather than later.

The rule of thumb is that a cheap and low-quality roof is easier to buy but expensive in the long run, while a higher-priced and high-quality roof costs more, but is cheaper over time. High-quality roofing material costs more but has impressive longevity and you’ll likely have no need to shell out for a new roof for as long as you own your home. Take metal roofs, for instance. They have a lifespan of up to 50 years and some of the most durable metal roofs can even last you for longer. Even asphalt roofs can last you up to 30 years, which is a long time by any means.

A New Roof Requires Less Maintenance And Fewer Repairs

When deciding between a roof replacement vs roof repairs, you might be tempted because of the lower cost of the repairs. But if these repairs are recurring, continuing to opt for repairs is now no longer effective and at one point, repairs won’t be able to do much to secure against normal wear and tear. In essence and in some instances roof repairs are actually more costly in the long run. On the other hand, roof replacement comes with fewer repairs and maintenance requirements.

The mistake made by some property owners is to sit back and relax once they buy a new roof. It’s important to do maintenance on your roof even if minimal work is needed. To make sure you benefit from fewer repairs, you should contact a professional roofing service to schedule regular inspections and maintenance. Professional roofing contractors are better equipped to uncover potential issues that can quickly develop into expensive repairs. If you do this earlier, you can look forward to saving much more with your new roof.

The good news is since roofs are designed to be more durable these days, your new roof will be less susceptible to needing repairs. For instance, if you invest in a new roof that’s more weather resistant and has high impact ratings, it means your new roof is less likely to develop leaks. With fewer roofing costs in your budget, you will have more room to splurge on other home improvement goals.

A New Roof Boost ls The Resale Value Of Your Home

Are you planning to sell your home down the line? Then you are all set to recoup some of the money you invested in the roof. That’s because as far as home improvements go, getting a new roof offers one of the best returns on investment. It’s partly because a new roof kicks your home’s curb appeal up a notch. It helps you make a great impression on buyers who wouldn’t mind paying the higher price you’re asking for.

These buyers also know that a new roof means they don’t have to budget for a roof replacement or extensive repairs. So although a new roof may cost more initially, you may be able to sell for a higher price and get some of your money back. That means your new roof potentially costs less in the long run.

 

Get an Answer to How Roof Replacement Saves You Money

Given the various ways in which a new roof can help you save money, the general consensus is that this is an investment worth making any day. To summarize, a new roof tends to be more energy-efficient, thus reducing your energy bills. Purchasing a durable efficient roof also ensures you get the most out of your roof since it will protect your home for many years to come. Last but not least, a new roof boosts the resale value of your home and has lower maintenance and repair costs overall. If you’re interested in getting rid of your old roof in favor of a new roof the best time to make the investment is now. Contact us now to discuss your roofing options and determine how best we can help you save more money with a brand new roof.

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