Roof Repair Versus Roof Replacement Cost: Which Is the Better Investment?
Updated: Sep 10, 2022
If you're in need of roof repair, you may be wondering if it's worth investing in a new roof instead. After all, roof repairs can only do so much for so long. It could make more sense to just replace the roof entirely, right?
Well, it depends. The truth is that roof repair and roof replacement are two very different things, and which one is the better investment for your home depends entirely on the situation.
In this blog post, we will compare roof repair and roof replacement cost so that you can make the best decision for your home and your family. We'll also take a look at the most popular roofing materials so that you can choose the right one for your needs.
Deciding on roof repair vs roof replacement
Here are a few factors you'll need to consider before making your decision.
Cost
Replacing your roof will be more expensive than just repairing it. But that doesn't necessarily mean that it's not worth the investment. The cost of roof replacement will depend on a number of factors, including the size of your roof, the type of roofing material you choose, and the complexity of the installation.
On the other hand, roof repair costs also depend on a number of factors. These include the severity of the damage, the extent of the repairs required, and whether you need to replace any broken or damaged tiles.
Type of damage
Another factor you'll need to consider is the type of damage your roof has sustained. If your roof is old and worn out, then it's likely that replacing it will be a better investment than repairing it. However, if the damage is minor and can be easily repaired, then roof repair may be the best option.
Age of roof
The age of your roof will also play a role in deciding whether to repair or replace it. If your roof is less than 15 years old and has sustained only minor damage, then roof repair may be all that's needed.
On the other hand, if your roof is more than 20 years old and has sustained significant damage, then roof replacement may be a better option.
It's also worth noting that most roofs have a lifespan of 20-25 years. So, if your roof is nearing the end of its life, you may want to start planning for roof replacement even if it hasn't sustained any damage yet. New roofs made of asphalt shingles will last for 20-30 years, while metal roofs can last for up to 50 years. Slate roofs have an even longer lifespan of up to 100 years.
Material
The type of roofing material you have will also play a role in deciding whether to repair or replace your roof. Some materials, such as asphalt shingles, are easier and less expensive to repair than others, such as slate or tile.
Complexity
Factors such as the rise (or roof pitch), the type of roofing material you choose, and the labor costs in your area all contribute to the average cost of replacing a roof. That's why it always pays to ensure the roofing professionals you work with are not only experienced and licensed but also transparent about the costs involved.
How to tell if you need roof repair vs roof replacement
We've written about this before, but it bears repeating: the best way to know if you need roof repair or replacement is to have a professional roofing inspection.
During an inspection, a roofing contractor will take a close look at your roof and assess the condition of the shingles, tiles, or other materials. They will also look for any signs of water damage, leaks, or other problems.
Once the inspection is complete, the roofing contractor will provide you with a report that outlines their findings and recommendations.
If they recommend roof replacement, they will also provide you with an estimate of the costs involved. This will give you a good idea of what to expect so that you can budget accordingly.
Choosing the right roofing material
Once you've decided that roof replacement is the best option for your home, you'll need to choose the right roofing material from the best name brand. This is an important step, as the roofing material you choose will determine the longevity and durability of your new roof.
Asphalt shingles
These are the most common roofing material in the United States. Affordable, easy to install, and available in a variety of colors, asphalt shingles also have a lifespan of 20-30 years.
Metal roofs
This type of roofing material is becoming increasingly popular due to the durability and energy efficiency it offers. Fire, mold, and wind-resistant, a metal roof can last for up to 50 years.
Slate roofs
This is the most expensive roofing material, but it's also the longest lasting. Slate roofs can last for 100 years or more with proper maintenance. Slate roofs are also very durable and fire-resistant.
The value of installing a new roof
There are many benefits to installing a new roof, regardless of the material you choose. A new roof will not only improve the curb appeal of your home, but it will also increase its resale value.
According to a 2019 study, the average homeowner in the United States spends $22,636 on a new asphalt shingle roof. On average, that new roof will raise the property's value by $15,427.
Replacing your roof will also help save money on energy costs. A new roof will make your home more energy efficient, which means you'll spend less on heating and cooling each month.
Finally, installing a new roof will give you peace of mind. Knowing that your home is protected from the elements will give you a sense of security and allow you to relax and enjoy your home worry-free.
When it comes to roof repair versus roof replacement cost, the answer is not always clear-cut. However, if you take the time to assess your situation and work with a reputable roofing contractor, you can make the best decision for your home.
Final thoughts
Making the decision to repair or replace your roof is a big one. But it doesn't have to be an overwhelming one. By considering the factors above, you can make the best decision for your home and your budget. And if you're ever unsure, you can always consult with a professional roofing contractor who can help you make the best decision for your home.
Sanders and Sanders Roofing is a family-owned business that has been serving the areas of Gulfport, Mississippi, and Daphne, Alabama, for over 40 years. We are a full-service roofing contractor that specializes in both roof repair and replacement.
We can even provide you with a complimentary Eagleview® Estimate for your new roof in seconds using the power of modern technology! Simply fill out the form and attach pictures of your home, and we'll take care of the rest.
At Sanders and Sanders, we take a customer-centric approach to roofing. We understand that your roof is one of the most important investments you'll make for your home, and we're here to help you every step of the way. Contact us today to schedule a free roof inspection. We'll be happy to answer any questions you have.