Roofs are kind of like investments but less complicated. You install a roof on your home, and let it gain value over time, as it protects your home or your business in Greeley. Many homeowners and business owners don’t even know their roof exists until there is something wrong with it. While this has worked for decades, it’s about time you take a proactive approach to your roof. As a matter of fact, Sorensen Roofing & Exteriors is here for all your roofing needs, including metal roofing systems for your home or business in Greeley.
Roofing Material Lifespans
It’s tough to choose which roofing material to buy for your home or business. There are dozens of options along a vast price range. But you want to know how long a roof lasts. Well, here are common roofing materials with their estimated lifespan range:
- Asphalt Roll Roof — 5-10 Years
- Built-Up Roofing (BUR) — 20-30 Years
- Composite Asphalt Shingle Roof — 15-25 Years
- Wood Shingle Roof — 25-30 Years
- Wood Shake Shingle Roof — 30-40 Years
- Standing-Seam Metal Roof — 30-50 Years
- Clay or Cement Tile Roofs — 80-100 Years
- Slate Roof — 80-100 Years
While it’s easy to go with the “cheap” option to get a new roof on your home, you’re going to pay more over time. Each time you have to replace that “cheap” roof, you’re spending money. Why not go with a roofing option that lasts you 30, 50, or even 100 years? The initial cost may be higher, but divide that up over the next 50 years, and you’ve got yourself a heck of a roofing system deal.
Here are how much a typical roof costs based on the national average of 2,000 square feet:
- Asphalt Roll Roof — $5,000-$10,000
- Built-Up Roofing (BUR) — $10,000-$20,000
- Composite Asphalt Shingle Roof — $15,000-$25,000
- Wood Shingle Roof — $20,000-$30,000
- Wood Shake Shingle Roof — $30,000-$42,000
- Standing-Seam Metal Roof — $20,000-$30,000
- Clay or Cement Tile Roofs — $45,000-$55,000
- Slate Roof — $70,000-$85,000
How Often Will Roofs Need to Be Replaced
If you take a look at how long a roof will last above, you can then get an idea of when the roof may need to be replaced, if nothing dire happens to it between installation and replacement. The lifespan ranges above are at the top of the scale, so roofs may need to be replaced sooner. However, you can do some simple math to see how your investment for roof replacement can multiply over the years.
Here’s how you figure out what it will cost to keep a roof on your home for the next 100 years:
(100 / Expected Roof Lifespan) x Cost of Roof = Total investment
Here’s an example of a composite asphalt shingle roof investment over 100 years:
(100/20) x $20,000 = $100,000
It will cost you about $100,000 to keep an asphalt shingle roof on your home.
You can do this math with the other roofing materials to see how much a 100-year roof may cost you. Don’t forget to factor in potential repairs of the material you’re looking at investing in for your roof. While we want to believe our roof will never need repairs, it’s best to prepare for them anyway. Mother Nature doesn’t take orders from us, and we need to be ready to repair our roofs after she decides to throw a storm our way.
Do you want to talk more about getting your roof replaced? Sorensen Roofing & Exteriors is here to help you find the roofing material you need. Call today to schedule your roofing inspection and consultation.