If you own a condominium, you might be concerned about whether you’ll have a roof over your head in the event of an emergency. Condo owners’ financial obligations for a roof are more complicated than those of typical, detached-home owners. Many aspects of the structure, including the roof, are shared by you and your fellow owners, but different parties may be in charge of making repairs to the roof. Your dues may not cover your roof issues, depending on the condo association’s guidelines. In this article, you’ll learn more about who pays for condo roof replacement, the responsibility of condo associations, and what to consider when replacing a condo roof.
Condo Association Responsibility
Covenants, conditions, and restrictions (CC&Rs) are the rules that regulate the condominium association and specify who is responsible for the upkeep and repairs of the common areas. Your CC&Rs might stipulate that each owner is responsible for the roof above his or her unit, whereas those of a nearby condo complex might stipulate that the association maintains the roof for the entire building.
Owners of detached condominiums, which resemble typical houses or townhomes in appearance and feel, may be responsible for more roof-related issues than owners of high-rise condos, which are housed under a single roof.
When Associations Cover Your Roof Costs
Your association will budget for the expenditures in advance if it pays for all roof upkeep, including replacement when the time comes. Your condo fees are often determined by your budget. Condo associations generally set aside funds for unforeseen costs like emergency roof repairs and other unforeseen expenses.
Your regular dues include these reserves. You might have to pay higher dues if the association’s funds aren’t enough to cover roof replacement or repairs. In order to make up for the difference, the association can decide to raise dues for the following year and impose an additional special assessment on top of ordinary dues.
Against Insured Events
While a percentage of your condo dues goes into a condo master policy, you are typically responsible for insuring and maintaining your own condo unit. There are two types of condo master insurance: “bare walls-in,” which covers elevators, pools, exterior walls, and the roof; and “all-in” coverage, which only covers the building’s structure and a few interior amenities, such as flooring, fixtures, and countertops.
Personal property is not covered by master insurance. Condo master policies are offered by commercial insurance providers. The association submits a claim to the provider to pay losses in the event of bad weather, a fire, or other covered disasters. The deductible for a master policy might be between $5,000 and $50,000. Each condo owner is assigned the same amount of the deductible.
Factors to Consider When Replacing a Condo Roof
- Check the bylaws of your condominium association
Based on your specific situation, different rules apply to condo roofs. Unit owners should consult the CC&Rs for the most comprehensive information. You can use these documents to establish which repairs your condo association is responsible for covering and which ones you are responsible for. Examples of common roof situations include:
- You can be liable for a percentage of the roofing costs
- Your organization might cover the entire cost of the roof
- The cost of fixing the roof over your specific unit may fall on your shoulders
- Be mindful of weather conditions
The climate in your neighborhood has a big impact on how long your condo building’s roof lasts. Certain climates are better suited for certain roof styles. You can choose the roofing design that is most appropriate for your location by speaking with a roofing expert.
For instance, they might advise metal roofing if your condo is bordered by a lot of trees or gets a lot of snow every year. Condominium buildings with metal roofing are a practical choice since fall leaf accumulations can be easily removed with a hose. Snowfall doesn’t raise as many moisture issues as asphalt or wood-based roofing materials because it melts away quickly.
- Roof options for condos
The fact that there’s such a wide array of roofing styles could surprise you. Planning and research are required when selecting a condo building’s roof. Different roof styles have different benefits that are dependent on things like price, weather, and personal style.
Heavy-strength roofing materials are a good option for commercial investment properties like condos because of their long-lasting and robust components. Your roofing firm can assist you in selecting a roof design that properly matches the appearance of your condominium by going over the benefits and drawbacks of various roof types.
- Choose a seasoned roofing company
Don’t be tempted to only pick the lowest bid when evaluating your roof alternatives for condo buildings. Do your research when looking into businesses because not every roofer has experience with complicated roofing projects, such as condos. Here are some indicators of a reliable roofing company:
- Strong reviews
- A variety of roofing designs
- Complimentary roof inspection
If you’re in charge of making repairs to your unit, make sure to ask the condo board what kinds of services, colors, and materials are and aren’t acceptable. Numerous boards have rigorous guidelines that specify the kinds of products you are allowed to install.
- Regular roof maintenance is essential
Maintaining your roof regularly is the simplest (and most economical) approach to avoiding future roofing problems. Your condo roof can be thoroughly inspected by an expert, which can help you fix issues even before they arise.
A good roof inspector can identify possible trouble spots like loose shingles, water leaks, or gutter problems. These minor issues must be addressed right away to prevent further damage. If left unchecked, even a minor water leak can foster the growth of mold and mildew, and loose shingles are a symptom of a weak roof’s defenses. Your condo building’s roof won’t need to be replaced for decades if you do preventative maintenance on it.
What Is the Average Roof Replacement Cost?
A new roof typically costs between $11,209 and $17,060, according to costhelper.com. If you’re an expert at DIY roofing, it might be less expensive, but the majority of individuals lack the knowledge and expertise required to complete a project this big and complicated on their own. Here are the typical costs of replacing a roof:
- Asphalt: $700 to $3,700 (for materials only)
- Metal prices range from $5,000 to $22,000 (for steel), $12,000 to $24,000 (for aluminum), and $25,000 to $40,000 (for copper).
- $17,000 to $84,000 (slate)
- $7,000 to $20,000 (for wood shakes or shingles)
- $12,000 to $21,000 (for ceramic clay tile)
- $8,001 to $21,004 (for concrete tile)
The kind of roofing material, size, pitch, accessibility, and additional labor costs are just a few of the variables that affect the costs of replacing a roof due to roof issues.
Let MTM Roofing Help You Fix Your Roof Problems
If you find out that your townhome or condo’s roof is not protected by your association, MTM Roofing can help. Since we are familiar with the majority of the local CC&Rs, we can advise you on the brands and colors that your association accepts for your condo and within your price range. We are skilled in condo roof repair as well. Contact MTM Roofing for a complimentary expert quote today!
Image by Freepik