How To Plan Your Commercial Roof Replacement Costs

 

If a New Commercial Roof is Expected to Last 20 years, When do you Start Saving for it?

The day your current roof goes into service. Saving for capital improvements should include annual reserves for annual roof inspections, repairs, and a new roof (which may be decades away).

How Much Does it Cost to Replace a Commercial Roof?

The average cost for commercial roof replacement will vary based on several factors, including the type of roofing material selected, the condition and complexity of the existing roof; the quality of roofer selected to do the job; as well as other requirements for the project. However, today a typical commercial roof replacement can be expected to cost anywhere from $5 to $12 per square foot.

When requesting a commercial roof replacement estimate, be sure to ask for cost estimates on the different types of roofing materials, including Built-Up Roofing (BUR), Modified Bitumen Roofing, Single-Ply Membrane Roofing (this includes EPDM, TPO, and PVC), as well as metal roofing. Do not only inquire about cost estimates, but ask for an explanation of the different types of materials and the pros and cons with each. When it comes to roofing, the cheapest replacement isn’t always going to save you money in the long run. A more durable roof, such as with a metal roof replacement, will reduce the need for maintenance and repairs. A metal roof will also outlast most other types of roofing options.

Plan For Success

You cannot accurately predict what new roof costs will be two decades on. You anticipate that your accountant will find the right balance between saving for it and financing it. You know what typical commercial roof replacement costs have been historical.  Between your financial department and your local commercial roofer, you can set a goal to save (say, three percent of historic costs annually). So, by the time you need a new roof, you will have more than half the capital needed (three percent times 20 years = some 60 percent of historic costs).

The advisers at Facilities Net have demonstrated, though, that any extensive roof replacement or repair project uncovers hidden issues.

Plan for the unexpected:

  • Insulation which is damp or has a low R-value
  • Structural deficiencies in the roof deck and structure
  • Incorrectly sloped insulation for low-slope “flat” roofing
  • Upgrades needed for code compliance

Do it Right

No commercial property manager wants to start the roof replacement process too soon. Unfortunately, too many wait too long. While a good commercial roof may average 20 years, your building’s unique situation requires input from the people who know it best:

  • Your own facilities crew
  • Your local commercial roofing partner

Miami’s blazing sun may hasten chemical degradation in the top layer of a single-ply membrane, breaking down the scrim or opening seams. High temperatures may affect the many layers of built-up roofing (BUR).

What is the Risk?

The risk is water leaks, which can hurt a bottom line far more severely than the capital expense of a new roof. Consider inventory, factory equipment, mold problems, and low employee morale (all chalked up under the “costs” column). Facilities Net advises that even one bout of operational downtime (due to a leak) could be the entire cost of a new roof. Plan, save and commission your new roof project on your terms, not terms dictated by an emergency.

Request an Estimate for Commercial Roof Replacement 

For short-term roof repair and long-term roofing assets management, A-1 Property Services is your local, reliable partner in Miami roofing. Call us today at 786-386-1149 and we can help you plan for tomorrow. You may also request a quote or contact us online with any questions. We are a team of highly skilled and GAF certified roofers in Miami. Local businesses can count on us for a full menu of roofing services, including inspections, maintenance, repairs, replacement, and new installations,