The vast majority of homeowners deal with issues with their roof at some point. This is especially true of homeowners who live in an area where thunderstorms are frequent. If your roof is damaged extensively, you may be wondering whether you should repair your roof or replace it entirely. Here is some information that will help you decide which option is most financially sound for you.
When do repairs make the most sense?
It is most sensible to repair your roof if it is sound for the most part. For example, if your roof has just one leak or two, you are likely better off repairing it rather than replacing it entirely. However, you should also take into account the cost of repair for the leaks. Believe it or not, the cost to repair a leak could range from just $10 to $1000. The cost will depend on the size of the leak as well as its location. If you have homeowner’s insurance, it is likely that your policy will cover the cost of the repairs at least partially, unless the issue stemmed from lack of maintenance. Repairs for a roof that should be replaced may also not be covered.
When does reroofing make the most sense?
If your roof is absolutely riddled with leaks and holes, reroofing is the best solution. Another sign that your roof should be replaced is that you find new leaks every time it rains. Some homeowners are very good about getting leaks repaired. If you happen to be one of these homeowners, you may not have any leaks in your roof right now. However, if new leaks form in your roof every time it rains, this suggests that your roof is weak and run down.
Keep Hidden Costs in Mind
When you’re determining the cost of repairs or the replacement of your roof, you want to keep the hidden costs in mind. Many homeowners make the mistake of only looking at the total cost for the project. By closing looking at the cost of a project, you will be able to distinguish between a bare-bones estimate and a more worthwhile bid. Some bids will also account for the cost of disposing the shingles of the old roofing. Others will include hourly rates and the costs of repairing the gutters.
When you finally choose a contractor, you should ensure that the contractor of the company is both insured and licensed. You also want to consider how the contractor intends to minimize damage and debris. Ideally, you want to schedule the project so that it is complete on a sunny rather than rainy day.
For more information about whether you should repair or replace your roof, don’t hesitate to contact us.
