Due to the economic downfall, a lot of individuals are putting off basic home repairs in the order to save money. These individuals fail to realize that continuing to keep an old roof on a home or commercial building will actually cause the building owner to lose money over the long haul. Individuals in the southeast United States should consistently consider bringing in a commercial roofing company to install a new roof on their building. To explain how replacing one's rooftop will save that person money, first consider the high cost of retaining an old roof.
The Cost of an Outdated Roof
One of the primary responsibilities of the roof of a building is to help the building owner to regulate temperatures. In the winter months, the roof is expected to keep heat inside the building so that homeowners or employees do not feel uncomfortable. If there is a leak in the roof that is allowing warm air to escape, then the building owner will have to spend more money on heating. Similarly, a leak in the summer months will allow cool air to escape, which results in higher electricity bills when the air conditioner is run more frequently to compensate. A new roof will alternatively be free of cracks and reduce energy bills.
There are also several safety hazards to consider when neglecting an outdated roof. A leaky roof that lets in rain will spur the growth of mold and mildew that triggers allergies and respiratory problems. A new roof will thus protect the health of the building's occupants and help the building owner to avoid costly medical bills. Another safety hazard that an outdated roof presents is the risk of collapse. As foundational elements weaken, this structure intended to protect building occupants from the elements is at risk of crumbling under the pressure of natural disasters, hail, and heavy winds. In order to prevent this type of physical harm, it is best to hire a commercial roofing company to come in and replace one's rooftop.
How a New Roof Helps a Building Owner Save Money
As mentioned earlier, the installation of a new roof will reduce costs associated with heating and cooling bills, and even healthcare bills resulting from mildew or collapsed roofing structures. Another reason that the owner of a building will benefit from replacing the existing roof is through the increase in property values that he or she will see.
The installation of a new roof has an average return on investment (ROI) of 67%, and a study by GAF Materials Corp. found that up to 40% of a home's curve appealing comes from its roof. When the owner of a personal or professional building tries to sell the building down the line, he or she can expect to receive much more for the property if a commercial roofing company recently put in a replacement. It can also make it easier for the property owner to sell the building, which is a huge benefit in a market where buildings take years to find a buyer. These are just some of the cost benefits that will result from completing this vital property upkeep.