The decision between making roof repairs or foregoing that and choosing replacement instead is one that homeowners may be confronted with over the years.
Roof replacements may cost more initially; however, a new roof can provide valuable savings over time.
Still, there is no reason to replace a roof that is in good condition and can easily undergo roofing repair to remain serviceable for a few more years.
To more easily make this important decision, homeowners can consider these points to determine whether the more financially sound decision is to repair or replace their roof.
1. Age of the Roof
The older a roof is, the more likely it will need roof repairs as time continues to pass due to the aging of the roofing materials.
Knowing this, it can be more cost-effective to do a roof replacement on an older installation that has become damaged or is starting to suffer leaks and other problems, as opposed to repeatedly spending on repairs.
Conversely, the newer an installation, the more easily it can be repaired in many instances.
While age cannot be used as a sole measure of when roofing replacement is the better option, it is a significant factor when considered along with condition and other details.
2. Roof Type
A roof’s expected lifespan and the ability to perform roof repairs on it is partially dictated by the type of roof it is and the materials used.
Some roofs, like shingles or metal, can be repaired relatively easily and inexpensively, making repairs a more viable option in many cases.
A roofing installation that has an especially long life expectancy and can remain protective for longer might also be more suitable for repairs.
Alternately and dependent on the type of damage present, a replacement might be the safer and more efficient choice.
3. Current Condition or Need for Repairs
Along with roofing type and age, homeowners must also weigh the current condition of their roof, as this is instrumental in making the right choice.
Roof replacement may be more recommendable for even a newer roof if its condition is poor or there are extensive repairs needed.
Yet an older roof that has received good maintenance over the years may still be a candidate for roof repair if it is in exceptionally good condition and the materials do not show excessive age-related symptoms.
4. Future Home Plans
Another detail that homeowners can consider when deciding between doing repairs or investing in roof replacement is whether there is a move in the near future.
New roofs are a home improvement expense that can increase home value overnight.
When repairs are needed but the home might soon be offered for sale, opting for a new roof can be more beneficial.
5. Budget for Roof Repair or Replacement
Finally, homeowners must assess what it will cost for a roof replacement versus repairs and whether they have the budget for the former.
If the damage is covered by insurance and they only need to pay a deductible, replacement may be the better choice.
In circumstances where repairs might be especially costly, a partial new roof is another option to consider.
Make The Best Decision on Roof Repairs or Replacement
Deciding whether it is better to pay for roof repairs or invest in a whole roof replacement can be challenging.
There is no one option that can answer this question for every homeowner.
Consult with a local respected roofer who can do a thorough inspection of the roof, then advise on the decision of choosing roof replacement over repair or vice-versa.
Depending on those and other details, one will always end up more cost-effective than the other!