A new commercial roof is an investment that can save you time, money, and stress from dealing with costly repairs and maintenance on a roof that has run its course. That being said, a new commercial roof can also be a big expense that will require you to plan the roofing replacement to ensure that you can qualify for financing and afford to make the payments. So where do you start when you want to estimate the cost of a new commercial roof replacement? Luckily your friends at General Roofing Co. are here to help guide you throughout the entire process of purchasing a brand-new commercial roof.
The Benefits of a New Commercial Roof
As we mentioned, a commercial roof replacement is an investment in your building that has some significant impact on your wallet. When you replace your commercial roof you will notice the following benefits
An increase in property value – a brand new roof will be an immediate return on investment as the building will be protected from leaks and damage that could negatively impact the value of your building.
A decrease in maintenance and repairs – a quality roof will put an end to expensive maintenance and repairs that you may have been making in the lead up to this replacement roof.
Tax deductions on loan interest – when you finance your roof, you will be able to deduct any interest paid on the loan in your taxes which can be a great way to reduce your tax burden at the end of the year.
New warranty coverage – at General Roofing Co. you’ll find that all of our roofing systems are covered by manufacturer warranties and as well as offers for extended warranties for added peace of mind.
The Cost of Materials and Differing Roofing Systems
As you begin to estimate the cost of a commercial roof replacement, you will want to determine which roofing material you prefer for your building. 4 common types of roofing are EPDM roofs, TPO single-ply roofing, SPF foam roofing, and sheet metal roofing.
These materials range from rubber and foam roofing materials to more industrial roofing materials such as sheet metal. The cost of these materials can vary depending on market conditions, so it is important to speak to a General Roofing Co. Representative for the most accurate and up-to-date pricing.
The Cost of Labor
In addition to the cost of building materials, you will also want to keep in mind that your expenses will also include the cost of labor. Labor is typically included in the final invoice so you will not need to sit and do the math for yourself, but it is important to remember that this will also increase the cost of a new commercial roof.
The Cost of Doing it Right, the First Time
Finally, you want to keep in mind that you are not just paying for just anyone to install your roof, you want to make sure that you are paying for experienced professionals who are licensed and insured and will do the job right—the first time. It is far too common to hear of a DIY or amateur roof installation that needed to be redone or repaired soon after.