A roof is made up of at least four layers. These layers consist of insulation, a waterproof membrane, some type of roof adhesive and the materials that make up the roof like plywood and shingles. So why bother doing a roof coating to the roof of your rental unit? The reasons are listed below:
- It costs less to restore a roof: If you have to replace a complete roof, it’s expensive in materials and in labor. Depending upon what roofing you choose for your multi-family dwelling, it can cost between $18 to $20 a square foot on average to reroof. But if you restore your roof, it requires less in materials and less labor. This would cost about $6 to $9 a square foot on average.
- You can extend your roof’s life by restoration: Restoration can add about 10 to 15 years onto the life of your roof. A commercial roof lasts about 20 years so if you restore it, you can make future plans for replacement in your upcoming budget then.
- It’s more sustainable to restore: Because you’re reusing your existing roof where you can, restoration is a much friendlier environmental option. It helps to keep roofing waste out of landfills which you pay to haul away additionally. As another bonus too, it will make your building much more energy efficient and could help you to qualify for LEED Certification or ENERGY STAR credits.
- Catastrophic loss can be prevented with restoration: Your roof will only get worse if it’s ignored. The potential for damage and the cost to restore it will only rise as time goes by, along with the damage a bad roof can do to your rental property. So, if the roof isn’t dealt with in a timely way, the only option will then be for total replacement of the roof and perhaps extensive repairs to the interior of your rental property. The damage you deal with also may be from a pest invasion of insects and rodents because they have been given access ways into the dwelling place because of property deterioration. All of this can put your tenants and business at risk.
Having your roof checked by a professional roofing contractor is the smart thing to do.