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How Long Do Commercial Roofs Last?
Maintaining the structural integrity of commercial properties is paramount. The roof is important for several reasons. It protects the inside from the weather. It also helps save energy.
Additionally, it ensures the safety of the people inside. If you’re a business owner or property manager, you’ve likely wondered, “How long do commercial roofs last?” This question is crucial for budgeting, planning maintenance schedules, and understanding the long-term investments necessary for your property.
This blog will discuss factors that impact the lifespan of commercial roofs. It will also explore how new roofs depreciate on commercial buildings. Additionally, tips will be provided to help extend your commercial roof’s longevity.
How Long Do Commercial Roofs Last?
The lifespan of a commercial roof can vary based on several factors, including the type of roofing material, installation quality, climate conditions, and maintenance practices. Here’s a breakdown of average lifespans for common commercial roofing materials:
Built-Up Roofing (BUR)
- Lifespan: 15-30 years
- Details: Made from layers of bitumen and reinforced fabrics, BUR is a durable option that can withstand heavy foot traffic and harsh weather. Regular maintenance can extend its lifespan.
EPDM (Ethylene Propylene Diene Monomer)
- Lifespan: 20-25 years
- Details: Also known as rubber roofing, EPDM is known for its durability and resistance to UV rays and ozone. Proper installation and timely repairs are essential for maximizing its longevity.
TPO (Thermoplastic Olefin)
- Lifespan: 15-20 years
- Details: TPO roofing is gaining popularity due to its energy efficiency and resistance to chemical exposure. Regular inspections and prompt repairs are key to extending its lifespan.
PVC (Polyvinyl Chloride)
- Lifespan: 20-30 years
- Details: PVC roofing offers excellent durability, flame resistance, and energy efficiency. Its lifespan can be maximized with routine inspections and professional maintenance.
Metal Roofing
- Lifespan: 30-45 years
- Details: Metal roofing is one of the most durable options available, known for its longevity and resistance to extreme weather conditions. It requires minimal maintenance but benefits from periodic inspections.
Modified Bitumen
- Lifespan: 10-20 years
- Details: This type of roofing is reinforced with polyester or fiberglass, making it durable and weather-resistant. Regular maintenance and timely repairs are essential to prolong its lifespan.
Factors Influencing Roof Lifespan
Several factors influence the lifespan of your commercial roof:
- Quality of Installation: A professionally installed roof by experts like Christopher Home Improvement can significantly impact its longevity.
- Climate Conditions: Extreme weather conditions, such as heavy snowfall, high winds, and intense sunlight, can accelerate wear and tear.
- Maintenance Practices: Regular inspections, cleaning, and prompt repairs can extend the life of your roof.
- Material Quality: High-quality materials often have longer lifespans and better warranties.
- Foot Traffic: Roofs that experience heavy foot traffic require more frequent maintenance to prevent damage.
How Long to Depreciate a New Roof on Commercial Property
Depreciation is an accounting method used to allocate the cost of a tangible asset over its useful life. Understanding the depreciation period is essential for commercial roofs for financial planning and tax purposes. The Internal Revenue Service (IRS) provides guidelines for depreciating roofs on commercial properties.
General Depreciation System (GDS)
Under the General Depreciation System (GDS), a new roof on a commercial property is typically depreciated over 39 years. This means the roof cost is spread out over 39 years, allowing property owners to deduct a portion each year.
Alternative Depreciation System (ADS)
In some cases, the Alternative Depreciation System (ADS) may apply. This system is often used for specific properties or under certain circumstances. Under ADS, the depreciation period for a new commercial roof is 40 years.
Important Considerations
- Qualified Improvement Property (QIP): If the new roof meets the criteria for QIP, it may qualify for a shorter depreciation period. Consult with a tax professional to determine eligibility.
- Cost Segregation Study: Conducting a cost segregation study can help identify roof components that may qualify for accelerated depreciation, potentially reducing the overall depreciation period.
- Tax Deductions and Incentives: Keep in mind that local and federal tax incentives or deductions may be available for energy-efficient roofing systems.
What is the Price of a New Commercial Roof?
The cost of installing a new commercial roof can vary widely, generally falling between $3.50 and $7.50 per square foot. This price is influenced by factors such as the type of materials used, the size of the roof, and labor costs. Other considerations like insulation, the need to remove an old roof, and the complexity of the design can also impact the overall expense. For larger structures, a typical commercial roof installation can range from $5,000 to over $30,000.
Make Your Roof Last Longer With Our Services
Understanding the lifespan and depreciation of commercial roofs is vital for effective property management and financial planning. You can maximize your commercial roof’s longevity by choosing the right roofing material, ensuring quality installation, and committing to regular maintenance. Additionally, being informed about depreciation guidelines allows you to make sound financial decisions and take advantage of potential tax benefits.
We provide top-notch roofing solutions tailored to your commercial needs at Christopher Home Improvement. Whether you require installation, maintenance, or repair services, our team of experts is here to ensure your commercial roof stands the test of time. Contact us today to learn how we can help you protect and enhance your property with our premium roofing services.
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