We all know what an investment a new commercial roof can be. If you’re new to building ownership or haven’t dealt with roofing before, you should have at least two line items in your budget every year. You may have years with three, and be planning for its eventual replacement. As a local commercial roofing company, we help businesses plan for their roofing budget needs.
Annual Line Item 1 – Regular Maintenance
If you don’t have a line item in your budget for roof maintenance, add it. Proper maintenance can add a decade to your roof’s life. It’s not too late to start even if your roof is a few years old. Maintenance includes a complete inspection annually. As the roof ages, you may even want to have your roofing company come twice a year. This helps identify weak spots before they become full blown leaks and ensure that flashing is sealed on any roof protrusions. You can get a firm quote from your commercial roofer on a monthly or annual service fee.
Annual Line Item 2 – Roof Repairs
Although you may not need a roof repair every year, it’s good to have the money in the budget. There are many reasons you may need roof leak repair. The two most common are from people walking on the roof and pest damage. This number will vary from year to year. Ask your commercial roofer about what they think is a reasonable amount for your size, age and type of roof if you need assistance on your commercial roofing budget.
Annual Line Item 3 – Storm Damage Insurance Claim Deductible
The Tampa Bay area has been very fortunate in recent years, however, it’s something you should be aware of and plan for. Most exterior damage is covered under one deductible so you may have provisions for this in another part of your budget.
Occasional Line Item 1 – Roof Coating
Depending on the roof’s material and its age, you may be able to put off a complete replacement with a silicon roof coating. This can re-seal the roof and costs significantly less than a total roof replacement. Ask your local commercial roofing company if your roof could be coated, when you should expect the expense and an estimate for budgeting purposes.
Occasional Line Item 2 – Roof Replacement
No matter how well maintained your roof, there comes a point when it must be replaced. Your roofing company should be able to provide you with an expected remaining life of your roof. They should also be able to give you an estimate for a roof replacement cost in a few years. This can help you start a fund for your new roof.
Suncoast Roofing Solutions is a local commercial roofing company. We use GACO pure silicon roof coatings to extend the life of many flat roofs. If you’re interested in learning more about our maintenance or any other services, call us today at (813) 283-2544 or fill out our contact form.