Remaining Economic Life Of Roof

Installed correctly a new roof will last at least 15 years but the exact lifespan depends on the material.

Remaining economic life of roof.

The roof should have a remaining physical life of at least two years. If the roof has less than two years remaining life then the appraiser must call for re roofing or repair. The appraiser must visually examine the roof to determine whether deficiencies present a health and safety hazard or do not allow for reasonable future utility. Maybe even a total roof replacement.

The average life of roofing. If a roof doesn t last the desired 20 years the owner is likely to incur higher than average maintenance costs and towards the end of the roof s life also major renovation costs. An appraiser who states that the effective age of a q4 house is 12 years is asserting that depreciation is 20 and the market is paying 80 of replacement cost. The life expectancy of your roof depends factors that include the roof design and the climate you live in as well as the quality of installation and long term care.

Here learn which roofing lasts the longest. The roof should have a remaining physical life of at least two years. The expected life of a given roof in a given environment has the most impact on the roof s overall life cycle cost. 4905 1 rev 1 2 12 life expectancy.

If it is determined that the roof has a remaining life of less than two years then it would be the responsibility of the appraiser to call for repair or the construction of a new roof. According to the fha website they have clearly stated that the roof should be able to last for a minimum of two years.