Roof Replacement or Roof Restoration
Below are five reasons why restoration may be your best choice.
1. Restoration Costs Less
A complete roof replacement can be expensive in labor and materials, particularly if the existing roof must be removed first. Depending on the roofing system selected, costs average between $250 and $300 per square installed with all materials included.
Restoration, on the other hand, requires less labor and materials, and thus costs about 1/4th the price of a new roof installed.
2. Restoration Extends Your Roof’s Life
Residential and Commercial roofs typically last about 20 years — restoration can add 10 to 15 years of life. You can defer complete replacement and make future plans for the expenditure in your capital budget.
3. Restoration is More Sustainable
Millions of tons of roofing waste end up in landfills annually. Because it allows you to reuse your existing roof, restoration is a much more environmentally friendly option. Plus, it can make your residential dwelling or commercial building more energy efficient and may help it qualify for ENERGY STAR or LEED credits.
4. Restoration Provides Tax Benefits
Roof restoration is classified as a maintenance expenditure, while replacement is considered a capital expense. In most cases, you will pay less tax on maintenance by taking the current deduction versus capitalizing the expense and recovering the cost through depreciation. Since roofs have an average life of 20 years, it’s wise to extend the useful life of your roof as long as possible.
5. Restoration Helps Prevent Catastrophic Loss
Ignoring the fact that your roof is deteriorating doesn’t make the problem go away; it can only get worse. The more time passes, the greater the potential damage and the more it costs to restore it. At some point, the only option will be total replacement. Continued neglect can put you at risk.