Building A Commercial Roof Replacement Into Your 2017 Budget
With a new year comes a new budget, and with 2017 quickly approaching, we thought we’d take a look at an item that can be one of the biggest expenditures for a building owner or facility manager – commercial roof replacement.
Commercial roof replacement costs
First things first: how much does a commercial roof replacement cost? One study found that for a roof with an average dimension of 10,000 square feet, a new commercial roof cost just over $42,500, or over $4.25 per square foot.
In another case, a roofing and pavement consulting firm presented a cost range from retail roofing projects it had examined over the course of a few years. They reported that on a majority of the retail roofing projects it looked at, roof replacement costs generally ranged from $3.50 to $6.50 per square foot. However, that cost was dependent on whether the project was for roof recovery or consisted of a complete replacement job.
Some other sources have shown that commercial roof replacement costs can vary from $7.00 to $12.00 per square foot.
In all of the above cases, it’s very important to remember that using an average commercial roof replacement cost for estimating a single project can be misleading, since project costs will vary depending on how complex the project is and how much labor it requires. Using these averages to build a commercial roof replacement into your budget, however, is valuable.
Signs your roof may be ready for replacement
As business owners ourselves, we know how important it is to recognize when something can be repaired versus when it must be replaced. Our experienced Pinnacle Roofing team can take on any commercial roofing job, however large or small, and we guarantee our work from material to labor. We carry out a great deal of commercial roof repair every year, but how do you know when it’s time to budget for a complete roof replacement?
- When your commercial roof is nearing the end of its service life. Most roofs will last for about 20 to 25 years. If your commercial roof is near this age, have an experienced commercial roofer such as Pinnacle Roofing inspect it. Factors like maintenance, material, ventilation, and any previous repair or replacement can affect the overall life of your roof.
- When there is extensive leaking. If you are currently experiencing problems with multiple or extensive leaks, or have in the past, you might need to have your roof replaced instead of just repairing the leaks.
- When you want to be more eco-friendly. You should also think about installing a new roof if you want to become more eco-friendly, as a good deal of “green” options have sprung up over the last couple of decades. It’s a good way to save money, and will also be a long-term investment that pays back to the environment and you.
Pinnacle Roofing are commercial roofing professionals
When planning to budget for a commercial roof replacement in Memphis, it’s best to have a roofing contractor in mind for the actual job. Pinnacle Roofing know that our clients want a long lasting product that will stand the test of time, and we believe that hiring a roofing company that has skill and expertise like us is key to providing long-lasting customer satisfaction.
As professional roofers in Memphis, Pinnacle Roofing will ensure that you can be confident in the commercial roof replacement you’ll be investing in. For an inspection or FREE estimate, get in touch with us today!