The cost of metal roofing can put many homeowners off at first. Not only is the ticket price higher than other roofing materials like asphalt shingles, but it generally costs more to install a metal roof. But is this higher price worth it?
It is well worth it. Why? Because metal roofing offers you numerous benefits and savings in the long run … far more traditional roofing materials. Not only will a metal roof last longer and offer better protection, it can also lower your home insurance, increase your property value and reduce your energy bills. What's more, a metal roof has a lower life-cycle cost than other roofing types.
Lower Home Insurance
When you have a metal roof, you are protecting your home against damage from inclement weather and natural disasters. Metal withstands wind, rain, snow and hail far better, and for far longer, than traditional roofs do. You are far less likely to experience leaking or flooding, or collapse due to heavy snowfall. Also, metal is not going to catch fire.
Because of these benefits, your insurance company may offer you lower premiums, as you are basically fire and damage-proofing your home with metal roofing. Of course, this varies from state to state, so be sure to ask your insurance representative about any benefits or discounts available to you.
Increased Property Value
If you expect to sell your home at some point, a metal roof can help. Because they are so durable and long-lasting (most warranties start at 50 years) and require little to no maintenance, a metal roof can seriously boost your home's market value for resale. Rather than depreciating, you can expect to recoup around 75% to 95% of your initial installation costs.
Lower Energy Bills
Asphalt roofs actually absorb sunlight, which means they store heat … and that means your home requires more energy to keep it cool. Metal roofs, on the other hand, reflect the sun and as such can reduce your cooling costs by up to 40% in the summertime.
The type of finish your metal roof has can enhance your energy savings. Some finishes actually send heat back into the air, which reduces the amount of heat that enters your home even further.
Lower Life-Cycle Costs
If your current home has asphalt or other traditional-type of roof shingles, you already know that they need regular maintenance, and even replacement after just a few years of use. A metal roof, on the other hand, does not need much upkeep at all. Metal has been used for centuries as a roofing material for this very reason.
The average warranty on a metal roof is half a century … longer than you may even be in your house! You will not have to spend money or time patching up, fixing and maintaining your roof. Some types of metal may require a fresh coat of finish every few years or so, but other than that you just install it, and forget it.
The cost of metal roofing may be more at the outside, but in the long run it is actually more cost-effective than other types of roofing. Sure you may spend a little more at the start … but over time, you will easily recoup those costs.