Did you know that a new roof can return more than 107% of its cost upon resale? Most homeowners shy away from replacing their roofs due to the associated costs.
But if you spend $8,500 on a new roof, the estimated value gained at resale is $9,000.
According to a remodeling impact survey conducted by REALTORS in 2019, the two top reasons for replacing a roof were upgrading worn-out surfaces, materials, and finishes (61%).
Other homeowners change the roof because they believe it’s time for a change (15%).
But how often to replace roof shingles? Many factors affect the rate at which a homeowner should replace their roof. In this post, we cover all you need to know regarding roof replacement and roof costs.
How to Often to Replace Roof Shingles
Typically, the lifespan of a roof varies depending on the material the roof is made out of. For example, composition shingles have the lowest replacement schedule ranging between 12 and 20 years.
Asphalt shingles have a longer lifespan in comparison to composition shingles. They average around 15 and 30 years but still come short of wood shingles.
Wood shingles have a lifespan of around 20 and 25 years, while rubber roofs can last for 20 to 50 years.
Roofs that have the highest lifespan are made out of metal. Metal roofs have a very long lifespan of 50 to 75 years. However, how long a roof lasts is directly impacted by the climate the roof is exposed to.
After high winds or a severe storm, you should get to the top of the roof and confirm whether there is damage. You can also opt to hire roof service technicians to conduct a professional check-up. In case there is a need for any roof repairs or roof replacement.
Traditional roof replacement was just placing a new shingle roof over the pre-existing layer of a roof at least once or sometimes even twice. Nowadays, some jurisdictions no longer allow such practices requiring previous layers to be torn off before applying the new ones.
The main reason against roof layering is; the underlying roofing frame may crumble under the extra weight. But the primary purpose of layering a new roof is that it is effective in work and waste reduction.
Roof replacement costs vary depending on your choice of roofing material. The cheapest option is three-tab asphalt shingles. Slate and architectural shingles are some of the highest options available in the market.
For residents of Champaign, Illinois. The average cost for a single roof ranges between $5,967 and $7,655. Compared to Lafayette, the average price is a bit higher, starting from $3,400 to a whopping $20,700, depending on the quality and size of a single shingle.
Signs That You Need Roof Replacement
The majority of homeowners replace their roofs due to damage. Ignoring the fact that they should replace roofs older than 20 years, they place their loved ones at the risk of the roof collapsing in.
Another great motivation for roof replacement is if repair costs are unusually high, forcing the homeowner to look for a better alternative.
But as a homeowner, you should inspect your roof and look for signs of damage. Here are some signs that show the damage is extreme and it’s time for a new roof.
Check the Attic
While inspecting a roof. Don’t start by going on top of the roof, instead start inside on the attic. Look for any beams of light coming through the roof or stains and streaks that can indicate a leaky roof.
Consider Home Resale Value
Do you intend to sell your house? Replacing the roof can generate an attractive resale value of 107%.
After Heavy Storms
Roofs are exposed to extreme levels of weather. After a severe storm, inspect your roof for any signs of damage. All shingles should lie flat against the roof. You should also check downspouts and gutters for shingle granules.
A significant sign for roof replacement is droopy and sagging roofs. It would help if you replaced such roofs before further damage is dealt to your property. Check the lowest points in the roof for signs of sagging pots, trapped moisture, or rotting boards.
Check Flashing Around Seals
Flashing can be found on skylights, vents, and chimneys. It seals the seams of the roof from weather and extreme rain. If the flashing has cracks or breaks, it can lead to a leaking roof.
For homeowners who are not ready to get a new roof replacement. You can opt to repair the roof instead, especially if the damage is not so severe. On average, roof repairs can cost a homeowner anywhere from $400 up to $1,000, depending on the extent of the damage.
Minor damages, such as changing broken shingles or replacing missing ones, can cost as little as $150 if you opt for a professional roof repair technician.
Major damage will cost a homeowner upwards of $1,000 and are common after severe storms and water damage.
However, if the cost of roof repair is high, you should consider replacing the roof.
But what are the signs that you might require roof repair after a storm or even when there is no visible damage? Here are some things you should look out for:
• Signs of water damage. Check if there are any mold or water stains.
• Cracked, missing, and curled shingles.
• Presence of algae or moss on the roof
• Rusting metal roofing components
• Sagging shingles
Enjoy One of the Best Roof Repair and Replacement Services
As a homeowner, you should have all the necessary information regarding how often to replace roof shingles.
Understanding the different costs for repair and replacement can influence your home improvement decisions and budget.
At Freeman exteriors, we offer reliable roofing repair services in Champaign, Illinois, and the entire Danville area. Our highly trained and experienced technicians can work on all types of roofs and also offer free price estimations for all our roofing services.
If you are in doubt of how often to replace roof shingles, our technicians will help you through the decision-making process. Visit our website to get a free roofing estimate for either roof replacement or roof repair.