Have you ever assessed your apartment or commercial building and wondered if it’s time for a commercial roofing replacement? Roof replacement might seem like a significant investment and challenging task, but it is a phenomenal investment that adds value to your property. If you encounter structural damage, missing shingles, or leaks, it indicates that it’s time to install a new roof. In addition to solving these issues, a new roof makes your property attractive to potential tenants.
So, if you are on the fence about replacing your old roof, read on to discover why a new roof is a worthy investment and how it adds value to residential and commercial buildings.
It Makes Your Building More Energy Efficient
Replacing an old roof with a new one can help you reduce your energy bills. Besides being less energy-efficient, old roofs are prone to leaks and allow heat to escape your properties. On the other hand, a new residential or commercial roofing replacement can provide better insulation, resulting in low energy bills during the winter and summer.
Additionally, installing a new roof might qualify you for energy-efficiency tax credits. And with the new roof’s added components, your HVAC system won’t overwork, making the entire property incredibly energy efficient.
It Minimizes the Chances of Expensive Repairs and Damages
Proper maintenance is critical to ensuring that any system in your building functions effectively, and commercial roofing replacement is no exception. In the same way, you can hardly skip regular dental check-ups or forget to service your vehicle; taking care of your roof would be helpful. It is worth noting that a roof can sustain damage from scorching heat, rain, wind, hail, snow, or other elements. Ignoring this damage will worsen the problem and potentially lead to a complete roofing failure.
It is essential to engage a proficient commercial roofing contractor to perform regular repairs and maintenance on your roof to avoid a costly disaster. With an experienced team of roofers, you rest easy knowing that you get all the essential services to prevent future expensive issues and keep your roof in excellent condition.
It Increases Curb Appeal and Retention Rates
A new roof for your building is attractive to potential buyers and tenants. When searching for an apartment or office space, people want the reassurance that the roof is sturdy and won’t collapse unexpectedly. New apartment and commercial roofing also greatly impact the percentage of rented units in a building and the retention rates.
Existing customers feel more comfortable and secure whenever you replace or renovate your building’s roof. A commercial roofing replacement can increase tenants’ loyalty and motivate them to renew their leases when they expire. Plus, a new roof can attract tenants looking for a well-maintained and modern building.
It Helps You Maintain Compliance
Regular maintenance and occasional repairs are crucial to maintaining your commercial roofing system’s health, typically lasting between 20-30 years. If you neglect your roofing system, you can get yourself into serious issues that put everybody at risk, including the public, customers, and employees.
For instance, flat roofs are prone to ponding water, which can cause the roof to collapse. On the other hand, asphalt shingle roofs are vulnerable to leaks if they have missing or damaged shingles. If you have metal roofs, it is notable that they can weaken from rust and corrosion, creating hazardous conditions for anyone who walks on or below them.
Property owners must comply with all state and local building codes and safety regulations to avoid hefty fines, court appearances, or temporary business closures.
It Allows You to Charge Additional Rent
The saying “You never get a second chance to make a first impression” also applies to apartment and commercial buildings. A worn and grimy roof is unattractive to prospective tenants and may give the impression that the building is messy. Here is where upgrading your apartment building’s roof comes into play, as it can enhance its visual appeal and give potential renters tremendous confidence in your property. Additionally, you can increase the rent you charge by improving your building’s safety and appearance.
