3 Signs It Is Time To Replace The Roof Of Your Multi-Family Property
Posted on: 12 August 2021
If you own a multi-family property, you understand a lot of maintenance is required for proper upkeep. It is important to make sure the property is safe and sound for current residents. It is also important to make sure that the property looks appealing to potential renters. Knowing when to perform specific repairs can help you save money while maintaining the integrity of your property. When it comes to the roof of your property, there are three ways you can tell it is time to call a professional for roof replacement.
1. Aging Is a Factor
The lifespan of your multi-family roofing system will depend on the materials used. For instance, 3-tab asphalt shingles typically have a lifespan of 20 years, whereas architectural asphalt shingles can last 30 to 50 years. If you know that your roofing system is nearing the end of its lifespan, it may be time to consider investing in a new roof.
Keep in mind that a properly maintained roof may last well beyond its projected lifespan. If you have invested in the upkeep and maintenance of your property's roofing system, a replacement may not be a necessity. A professional can inspect your roof and provide you the certainty you need to know if it is time for roof replacement.
2. Visual Signs of Damage
It is not as easy to spot signs of deterioration and damage when you look at the roof of a multi-family property. However, you should make it a point to visually inspect the roof to ensure it is intact. If you see any signs of damage or deterioration, that is usually a clear indication that it may be time to invest in a new roofing system.
The roof of your commercial property is exposed to UV rays and varying weather elements day in and day out. All of that combined can lead to deterioration. Damage and deterioration are especially pronounced when it comes to roofing systems that were built with lower-tier roofing materials. Make it a point to inspect your roof for signs of damage or have a professional do it for you.
3. Investing Too Much in Repairs
Do you feel that you have been investing too much money on roofing repairs in recent years? It may be time to stop and look over your financial records. Look back over your records to see exactly how much you've spent on roof repair. Keep in mind that a damaged or deteriorated roof can also lead to other issues, such as warped ceilings and damaged walls, so add those factors to your financial calculations as well.
If you find that you are spending upwards of $15,000 or more on repairs each year, it may be time to replace your roof. At that point, investing the money into a new roofing system could help reduce the amount you spend yearly on repairs. Spending thousands on repairs each year can add up. However, replacing a flat roof on a commercial property, such as a multi-family complex can cost $4 to $13 per square foot, though some may charge upwards of $250 to $350 for each square.
If you recognize any of the three signs mentioned, it is time to call in a professional roofer to assist you. An expert can perform inspections to verify if your multi-family roof is in need of replacement or repair. Keep in mind that roof replacement may improve the value of your property. Installing a new roof can certainly add curb appeal also. Tenants are more likely to be attracted to a property that is well-maintained and cared for by the property owner.
Contact a company like Tectum Roofing to learn more about commercial roofing services.
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