Weighing the cost of a metal roof

olivia.tate2's Avatar

olivia.tate2

23 Nov, 2015 08:32 AM

Metal is perhaps the fastest growing roofing option out there. And when you consider the advantages of metal roofing, it’s not surprising. Of course, as with any roofing material, roofing has its disadvantages as well. For instance it can be louder inside during a rain or hail storm. But the biggest setback for metal roofing, and the main reason many homeowners select asphalt shingles instead is the higher cost. A metal roof can cost 2–3 times as much as a standard asphalt shingle roof. If you’re considering different roofing options, don’t automatically rule out metal roofing because of the higher up-front cost. First, you need to weigh the pros and cons.

Up-front costs, long-term savings

Though a metal roof definitely represents a bigger investment up-front, it also has the potential to save you a lot of money in the long run. While the standard asphalt shingle roof will typically last around 15 years (give or take a few years depending on your climate and how well you maintain it), a metal roof can last decades. When you consider that the average cost to replace an asphalt shingle roof is about $8,000 (depending on the size of the roof of course), a metal roof will save you approximately that much money every 15 years or so.
Another consideration is that metal roofs take considerably less effort to maintain. Metal roofs don’t expand and contract with fluctuating temperatures and they don’t rot or attract molds and funguses like asphalt shingles can. You don’t have to worry about cracked, curling, or missing shingles with a metal roof. While an asphalt shingle roof may need to be patched up and/or cleaned from time-to-time, a metal roof pretty much takes care of itself. That’s another way a metal roof can save you money.
Finally, there is energy savings and tax credits to consider. Because metal reflects the sun’s rays whereas an asphalt shingle roof absorbs the heat, metal roofs keep your home cooler throughout the summer saving you money on your bills. Depending on where you live, you may even qualify for tax credits for switching to a more energy efficient roofing material.

The bottom line

When you compare up-front costs to long-term savings, the answer seems easy. But there’s one final consideration to make: how long you plan to stay in your home. If there’s a good chance you’ll be moving within the next ten years or so, an asphalt shingle roof should last for the remainder of your time in the home. Though a metal roof would add value to your home, it’s typically not enough to recoup the investment. If, on the other hand, you plan to stick around longer, a metal roof is probably going to be the wiser investment if you’re in a position to pay the higher up-front cost.

Home improvement news brought to you by bartonroof.com

Source: torontosun.com/2015/10/13/why-you-should-consider-a-metal-roof

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