Buying a new roof is a big decision and an even bigger investment. Make sure you are making the right choices by determining what roofing provides you with the most payback. Therefore, it is important to determine how to get the biggest bang for your buck and get that ROI. It happens through:
- Increased home value
- Energy efficiency
- Life Span
So how does a metal roof pay for itself? Let us look at the factors involved!
Metal Roofs Increase Home Values
Research has shown that a metal roof can add between 60%-90% of its upfront cost to your home value. This is because a metal roof lasts much longer than other types of roofing and they do not endure as much damage over time. Also, specifically with Modern Metal Roofing, our products come with a 100% transferable 40-50-year warranty that a new homeowner could take over if you decide to sell, now your investment is really an asset to your home’s portfolio.
Metal Roofs Provide Energy Efficiency
Energy efficiency is extremely important to consider when buying a new roof. Homes that have an energy efficient roof, can save nearly 30% per month on cooling costs. The energy savings over the life of the roof are unbelievable. By not allowing the summer heat in the house, not only does your AC unit shut off earlier, but it is also saving years of its life and prolonging another expensive replacement.
This term is very commonly used for metal roofs and it is easy to understand why. By reflecting the sun’s UV rays, we decrease the amount of heat transfer into the attic. The attic is one of the largest problems when it comes to a home’s inefficiency. Therefore, by properly ventilating the house and installing the right metal roof, your new metal roof will start getting that very important ROI we are all looking for. BUT DON’T BE FOOLED, not all metal roofs are energy star rated!
This is the not so familiar part of energy efficiency that a real expert will explain. Emissivity has to do with how quickly a product cools off after heat is removed. When you get hot in July, you have the luxury of jumping in a pool or cooling off in the AC. Unfortunately, your roof does not have that luxury! Your roof is soaking in the radiant heat and transferring it to the attic, essentially trapping it and making your AC unit fight to get it out. This is a battle that is never really won, and it puts extreme stress on your AC unit. With an energy star rated metal roof, your roof will be cool to the touch after the sun goes down, allowing your AC unit to take a much-needed breather resulting in lower cooling costs.
Maintenance is another way to track payback on a roof. One must put into account how many times they must fix a leak or replace missing shingles. These seemingly small and harmless repairs end up adding much more cost to your roof over time. Some metal roofing, for example, is proven to be virtually maintenance free. Modern Metal Roofing’s products have a much smaller repair rate because of the benefits they come with and how they are installed. Modern Metal Roofing’s products withstand 2.5” hail, 200 mph winds and have a lifetime warranty on the color of the roof stating that the paint will never rust, fade or chip.
Lifespan is a key factor in roof payback. On average an asphalt shingle roof fails about every 15 years. Therefore, you are not only biting the cost from your first roof but now paying for the second as well. In comparison, metal roofing is warranted for 50 years and can have a life span of over 100 years. Therefore, metal is a permanent roofing solution not a temporary roofing fix.
While it is impossible to determine how much money one will save by switching to metal roofing, the payback that comes with metal roofing far outweighs other roofing options. In conclusion, a home with metal roofing will not only be worth more but will also save you more money in the long run due to the payback.