It’s that time of the year again — budgeting season, a busy time for those involved in managing commercial buildings, apartment complexes, or portfolios of HOA communities. As the end of the fiscal year draws near, it’s time to start thinking about how you want to plan for the future and ensure next year’s budget is as accurate as possible.
An important consideration could be what upgrades and repairs your roof might need in the coming year when you’re thinking about your budget. Roofing can be one of the most significant expenses on your budget, but it doesn’t need to cause financial stress. All you have to do is prepare for it ahead of time.
Here are three questions you should ask to ensure that you budget well for your roofing needs, both now and into the future.
1. WHAT IS THE CURRENT CONDITION OF MY PROPERTY’S ROOF?
Most Arizona roofs are expected to last about 30 years, but that number can vary a lot depending on weather and conditions of use. The best way to estimate expected roof service life is to have the roof evaluated by a roofing professional.
Having the buildings inspected for general condition and wear will help provide the information needed to plan appropriately. Knowing detailed information in advance about the roof can help you set aside adequate funds each year for the upcoming repairs or replacements.
2. DOES MY ROOF NEED REPAIRS NOW?
It can be easy to hold off on roof repairs, pushing them into the future, but keeping your roof well maintained may ensure that you don’t have to replace your roof prematurely. Addressing repairs right away will also minimize the risk of needing emergency repairs that can often add unexpected expenses to your property budget.
A roofing evaluation will tell you what repairs you should make right away, enabling you to work those repairs into the following year’s budget. Spending a little money this year could keep you from having to spend much money in the future.
3. WHAT WILL ROOF MAINTENANCE AND REPLACEMENT COST?
Roofing budgets aren’t one size fits all. Every roof will have slightly different needs based on the location, roof type, and the weather during the roof’s lifespan. That can make it tricky to budget for roof maintenance and repair accurately. But it isn’t impossible.
Knowing the average cost of roof maintenance and repair for other properties like yours in your area can be an excellent place to start, but it won’t tell you everything you need to know. Ultimately, the best way to make an accurate estimate of your roofing expenses is with a professional evaluation.
RENCO Roofing provides inspections and evaluations for properties across the Valley. As we pride ourselves on our service, we aren’t just interested in making a quick sale. Our goal is to be the trusted partner HOA, Multi-housing, and Commercial Property Managers can rely on to ensure that their roofs are in good repair throughout the service life of the roof. We want to help you get the most out of your roof and your budget!
Call (602) 867-9386 or message us today to schedule a roof evaluation with our RENCO Roofing professionals!
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