To repair a roof or not, that is the question. Actually, the question is based on whether the cost is worth doing it now, or waiting a while. In which case, it is more like a gamble. And a wager that each home owner makes virtually every day. Yet, when an obvious problem comes up, such as water trickling overhead, into your living space, the decision is easy: fix the leak! 😉
Our goal with this guide is to make sure you are better equipped for managing what really is an ongoing wager between your roof and the elements outside, along with the factor of time. Both are in essence sabotaging all the good will, value and lifespan of your roof.
Do nothing between now and the next time your roof needs to be replaced and the odds are against you. Sure you might get lucky, but you have ample opportunity to make your own luck. To be smart with the wager. To keep little problems as little and manage bigger problems with effectiveness.
We have lots of ground to cover. But let’s begin with the primary reason for this guide, the expected cost range for a typical roof repair:
- $150 to $400 for minor repairs
- $400 to $1000 for moderate repairs
- $1000 to $3000 for major repairs
Did you know? Most home owners spend between $300 and $1,100 for a roof repair, or an average of $650 to fix a roof related issue.
Going beyond $3,000 is possible, but at that point a replacement roof could be your best bet. The average cost to install a new roof in 2018 for a moderate sized home is $7,500+. While this is the worst case scenario, in terms of cost, it does allow you to start anew. Still, our goal is to keep costs reasonable, while increasing value.