Making the decision to repair or replace your roof is typically not something homeowners take lightly. Let’s face it – it’s a big expense. While it may be cheaper to repair roof damage, it doesn’t always make sense in the long run. Here are a few things to consider when deciding whether to repair or replace your roof.
How old is your roof?
The expected lifespan of your roof depends on the materials it was built from. For example, many types of asphalt shingles generally have a lifespan of 15-25 years. If your roof is newer or even in the middle of its lifespan, it might be worth it to make the repairs. However, if your roof is nearing the end of its expected lifespan, replacing the entire roof might be the way to go.
What type of damage is there?
It’s often hard to tell the condition of the roof just by looking at it from the outside. Of course, there are some telltale signs of damage such as missing or damaged shingles, but there may also be damage hiding under the shingles as well. Once it seeps beneath the shingles, water can quickly find its way inside where it can cause serious damage. If the underside and supports of your roof show significant moisture damage, shingling over them won’t solve the problem. If you notice water discoloration on your ceiling or find signs of wood rot or mold growth, you will likely need to replace the entire roof.
Are you going to be selling your home soon?
An old or damaged roof is sure to scare away plenty of potential homebuyers. Most buyers don’t want to take a chance on a home that appears not to have been well maintained or needs an expensive repair. If the roof has damage, it is possible the damage has caused other issues as well, and that typically doesn’t fare well with homebuyers. However, a home that boasts upgrades of value such as a new roof often sell quicker and for more money. If you’re planning to sell your home soon, replacing the roof may be of more value to you than making the repairs.
Are there other repairs that need to be made?
If your gutters need to be replaced as well, it may be more convenient for a contractor to just complete both projects at once. Not only will new gutters help keep the roof in good shape, but you’ll have two projects checked off your list at once.
How much will it cost to properly repair the damage compared to the price of a full replacement?
Budget certainly plays into big decisions like these. Get an estimate from a trusted local roofer for what it might cost to both repair and replace the roof. If the estimates are fairly close, replacing the roof may give you the better value.
What is covered under your homeowner’s insurance policy?
Finally, review your homeowner’s insurance policy. If the damage was caused by a storm or other factors covered in your policy, your decision may hinge on that. Find a roofer with experience in processing insurance claims who can help you review your policy and file a claim if needed.
Need help deciding whether to repair or replace Your roof?
That’s what we’re here for! We will inspect your roof, provide an estimate for any repairs and replacements as needed, and help you decide the best course of action. We also have years of experience in insurance roofing, so if the damage is something your insurance policy covers, we’ll walk you through the entire process. Schedule a free inspection with E3 Roofing & Remodeling today to get started.