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Wise Financial Decisions: Getting a New Roof For Your Home

Wise Financial Decisions: Getting a New Roof For Your Home

April 14, 20235 min read

Replacing an old roof with a new one is a great way to save money in the long run. New roofs are much more energy efficient than their older counterparts, meaning you’ll be able to enjoy significant savings on your energy bills each month. But, to get the most out of your investment, it’s important to choose a reliable roofing contractor who is experienced in installing energy-efficient roofs. 

In this blog post, we’ll discuss why replacing an old roof with a new one can save you money.

The Average Lifespan of a Roof

the average price of a new roof

When it comes to roof replacement in Virginia Beach, the average roof should last around 20-30 years. However, depending on the type of roof and the weather conditions, a roof can last as little as 10 years or as long as 50. This is why it’s important to have a roof inspection done regularly to identify any potential issues that may arise. By taking the time to assess the condition of your roof, you can help avoid costly repairs or unexpected roof replacements. 

If you live in Virginia Beach, where the weather tends to be more extreme than in other regions, then it’s even more important for you to stay proactive with roof maintenance. The extra wear and tear caused by hail storms, and strong winds will cause an older roof to become less energy efficient over time, leading to increased heating and cooling costs. 

 

The Increase in The Energy Efficiency of New Roofs Over Time

When it comes to roofing, energy efficiency is a big factor in whether or not you should replace your existing roof. As technology advances, so does the efficiency of roofing materials and products. In the past, traditional asphalt shingles were the most common material used for roofing. While they do still have their place in the market, new materials have emerged that offer better insulation and protection from the elements.

These newer roofing materials are far more energy efficient than traditional asphalt shingles and can save homeowners money on heating and cooling costs over time. In addition, these materials can help protect your home from water damage, ice dams, and other weather-related issues.

 

The Cost of Replacement vs The Cost of Repairs

When deciding whether to repair or replace an existing roof, it’s important to consider the potential costs involved. In some cases, the cost of repairing an old roof may be more economical than replacing it entirely. However, in most cases, the cost of replacing an old roof with a new one can provide long-term savings in energy costs.

In the short-term, replacing an old roof can be more expensive than simply repairing it. The initial cost of replacing a roof will depend on the size and type of roof, as well as the local labor and material costs. However, a well-maintained roof can last up to 25 years or more, so the cost of replacement over time can be significantly less than that of repairing the same roof multiple times.

Additionally, while the upfront cost of replacing a roof may be higher than repairing it, the energy savings associated with a new roof can greatly reduce energy costs in the long run. New roofs are designed to be more energy efficient than older roofs and can help keep your home cooler in the summer and warmer in the winter. This means lower energy bills over time, which helps to offset the initial cost of replacement.

Overall, while replacing an old roof with a new one may initially seem like a large expense, the long-term savings in energy costs can make it a more economical decision in the end. If you’re considering replacing your old roof, contact a trusted professional to discuss your options and get an accurate estimate of the cost.

 

The Benefits of a New Roof

Replacing an old roof with a new one is an investment that can pay off in the long run. With improved energy efficiency, a new roof will save you money on your monthly energy bills. On average, a new roof can reduce your energy costs by up to 20 percent.

Additionally, because newer roofs are built to last longer than older ones, they require less maintenance and repair over time, saving you more money in the long run.

In addition to improved energy efficiency, a new roof also offers other benefits. For example, newer roofs come with advanced materials such as insulated shingles that provide better protection from the elements, including wind, hail, rain, and extreme temperatures. This means that a new roof can better protect your home from damage due to weather-related events, saving you money on costly repairs.

Finally, installing a new roof can also add aesthetic value to your home. A new roof can enhance your home’s curb appeal, making it look more attractive and increasing its overall value.

As you can see, replacing an old roof with a new one can offer many benefits. Not only will you enjoy improved energy efficiency, but you’ll also save money on repairs and increase the value of your home. Investing in a new roof is an investment that can pay off in the long run.

Here at Reitzel Roofing & Exteriors, we are one of the highest-rated roofing contractors in the Virginia Beach area. We are happy to serve our community and provide our clients with top-grade roofs at affordable prices. Schedule your complimentary roofing inspection by clicking here!

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