In a perfect world, your roof would always be in perfect shape. However, at some point in time, you may notice issues with your roof that warrant either a roof repair or replacement. So, how do you know whether you could get away with a repair or require a full-blown replacement? It all depends on a number of factors, such as the problem at hand, the condition of your roof, your budget, and more. Keep reading to find out how to choose between a roof repair and a roof replacement.

Roof Repairs

A roof repair is exactly what it sounds like: It requires fixing parts of the roof, such as holes, missing shingles, ventilation, or flashing. With a roof repair, a contractor doesn’t have to remove and replace the roof from your home. Instead, they can work on a small portion of your roof and tackle an isolated issue. Compared to a roof replacement, a roof repair is a relatively minor undertaking that may increase your roof’s lifespan.

Therefore, roof repairs are usually quicker and more affordable ranging from $150 for small issues to $8,000 for more extensive ones. The main downside is that some repairs might prolong the need for more extensive repairs or complete replacements. Depending on the situation, it may leave underlying roofing problems in your roof. Also, if your issue is related to shingles, it can be a challenge to match new shingles to the color of your existing ones.

Roof Replacements

During a roof replacement, a contractor removes your existing roofing system and installs a new one. This is usually a multiple-day project that requires a great deal of specialized experience, cutting-edge equipment, and advanced techniques. As long as your roof gets installed by a professional roofer and you maintain it properly, it may last 20 to 25 years or even longer.

While a roof replacement can leave you with a brand-new roof that brings your home up to code and does wonders for your curb appeal, it doesn’t come cheap. To fully replace your roof, you may pay anywhere from $5,000 to $25,000 or even more. The cost will depend on several factors, such as the size of your roof, the materials you choose, and the contractor you hire.

How to Decide Whether to Repair or Replace Your Roof

These factors can help you zero in on whether you’d be better off with a roof repair or roof replacement.

1. The Age of Your Roof

Most roofs have a relatively long lifespan of 20 years or even up to 50 years. If your roof is fairly new, a repair may be sufficient, especially if the issue is minor. However, if your roof is past its prime and you’re looking for a more permanent solution, a roof replacement may be worth the extra money. Fortunately, you’ll get a warranty that can protect it from material and installation-related damage.

2. The Extent of the Damage

If you’re missing a shingle and everything else looks good, you may simply repair your roof. However, a leaky roof might warrant a replacement as it can compromise the integrity of your home and increase the risk of mold and mildew growth. Other signs that might indicate your roof needs to be replaced include a sagging roof, an unexplained increase in energy bills, and recurring repairs that have already cost you a lot of money.

3. Your Long-Term Plans

Are you in your forever home or do you have plans to move in the near future? If you know you’ll move soon, a roof repair may work. However, keep in mind that if your roof has many issues that require multiple repairs, you might have trouble selling your home. A roof replacement is likely worthwhile if you plan on living in your home for a while and/or want to increase your home value and improve your curb appeal.

4. Your Budget

While a roof replacement may be a better option, finances might steer you toward repairing your roof instead. Note that if you do want to replace your roof, you may work with your contractor or third-party financing company to come up with a payment plan that aligns with your budget. Also, since your roof is one of the most important components in your home, saving up for a replacement may be better than dealing with constant issues and repairs. Additionally, you may be able to get away with a partial replacement and save on an entire replacement.

5. Warranty Coverage

Roofs typically come with warranties, such as manufacturer warranties, contractor or installation warranties, and/or extended warranties. Before you determine whether to repair or replace your roof, consider which warranties are in effect. If your roof is still covered by a warranty, the manufacturer or your roofer can help you decide which route to take.