A roof is long-lasting and highly durable, but it is not invincible. Exposure to the elements and age will cause a roof to decline over the years and present the need for replacement. Don't make the mistake of putting off a roof replacement simply because you think you can't afford the repairs.
The reality is that you can't afford to avoid replacing a failing roof. This post discusses some of the budget-busting expenses that come along with a failure to repair a damaged roof.
1. Water Damage
One of the first effects of a failing roof is a water leak, and the worst thing about this type of damage is that it gets worse with each passing day. Even a small amount of water that leaks inside a building can be costly.
While the water will probably damage the structural elements that support the roof, the water can also saturate electrical equipment, inventory in a stock room, and cause damage to walls and flooring. Depending on the level of damage, you could quickly be looking at tens of thousands of dollars' worth of damage on top of a roof replacement.
2. Mold Development
Another effect of a roof leak is the development of mold. Mold is dangerous, and it is costly to remediate, with removal services costing thousands of dollars. In terms of safety hazards, the presence of mold can prompt headaches, cause an allergic reaction and exacerbate symptoms for people with respiratory conditions, such as asthma.
Regarding cost, mold can quickly spread throughout the structures that support the roof and the ceiling. Mold can even penetrate the layers of your walls. In this instance, you would be looking at mold removal and material replacement costs as well as a roof replacement.
3. Increased Energy Consumption
Water isn't the only thing that passes through the holes in a failing roof; outside air can also enter through the roof and warm or cooled air can escape. This transfer of air alters the temperature inside the building, which heightens dependence on a heating or cooling system, which then translates into higher costs.
Typically, almost 40 percent of a business's electricity consumption is attributed to heating and cooling. Therefore, even using these systems a little more will have a significant effect on your energy and overall operating costs.
4. Decreased Property Value
If your roof is failing it will reduce the value of the building by the cost of a new replacement, as well as any additional damage the roof’s failure has caused. As your business grows you may need to relocate and sell your building. A new roof increases the value of your property, but a roof in poor condition lowers its value.
Commercial buyers analyze the amount of work or improvements that must be completed when making an offer on a property, and so if your roof is in poor condition, then the resale value for your property may not be what you need.
5. Poor Appearance
A businesses ability to retain and attract new customers affects its success. A business with a failing and unkempt roof could be sending customers, and profits, in the opposite direction. Why? Because many potential customers consider the exterior of a business a major factor when deciding where to shop and an equally high number avoid a business if the exterior looks poor.
Missing shingles, buckling, and dirty patches are some of the effects that accompany a roof in need of replacement, and these features can serve as an eyesore to potential customers.
If you are in need of a roof replacement, you can avoid these additional costs with your swift action. At Bartch Roofing Company, we have been serving the needs of business owners like yourself for more than 30 years. Let us partner with you to replace your roof and protect your budget and building.