Did you know? The American Society of Home Inspectors estimates that more than 6 million roofs are replaced each year in the United States.
And it's not just because people love to have new things—it's also because there are several reasons to change your old roof with a new one.
Reasons to Replace Your Roofings
If you have a damaged roof, it's not just the exterior of your home that is at risk. If you're considering getting a new roof, look for a roof replacement company online or in your area.
A damaged or leaking roof can cause damage to your interior as well. This is just one reason why you must replace the roofs in three to five years.
Here is more.
A Damaged Roof Can Damage the Interior of Your Home
While it may seem like a small leak, water in the attic can soak insulation and cause mold to grow on the wood framing—that means trouble.
And even if you don't have an attic, water still has access to the walls and ceiling through holes in the roof and leaks around windows.
New Roofs Last Longer, Look Better, and Provide More Protection
A well-constructed roof should last between 15 to 20 years. However, with age comes damage and wear-and-tear, which can significantly shorten the lifespan, especially if branches or other objects are resting on top of your existing roof.
A new roof will have different support systems installed to ensure it stays in good condition for many years.
A New Roof Will Improve Your Home's Insurance Coverage
To maintain a healthy rate of return on your investment, it's essential to keep up with all necessary repairs and maintenance tasks.
If you want to get the best insurance coverage for your home, then you must replace your roof. When you have a new roof installed on your home, the value of your home will increase.
This will make getting better insurance coverage easier if something happens to your homes, such as a fire or flood.
A New Roof Increases Your Home's Energy Efficiency
A new roof can benefit your home to stay warm in the winter and cool in the summer, which means you will use less energy for heating and cooling.
In addition, the materials used in modern roofs are highly efficient at blocking out heat and light. This means your home will be cooler during hot summer days, saving you even more money on air conditioning costs.
You Could Qualify for a Tax Credit for Installing a Newer Roof
If you're looking to save money on your tax bill, replacing your roof may be a great way to do it. The IRS offers a tax credit for installing new roofs that have been in place for five years or less, and the maximum credit is $1,500 per household.
So, what's the catch?
You can claim this credit if you spend at least $3,000 on the new roof—a few thousand dollars might not seem like much now, but it will add up over time when you factor in the interest payments, you'll save by paying off your mortgage faster.
And if you're worried about being able to afford this project right now, remember that this is an investment that will pay itself back over time as energy costs go down and your home's value increases.
There are many great reasons to upgrade your roof.
You may be surprised at how much better your home will look and feel when you replace your old roof with a new one.
A new roof can help you save money on energy bills, make your home more comfortable, and improve the resale value of your home.