Remaining Economic Life Of Roof

The roof should have a remaining physical life of at least two years.

Remaining economic life of roof.

Here learn which roofing lasts the longest. According to the fha website they have clearly stated that the roof should be able to last for a minimum of two years. If remaining economic life is 40 years the market is paying 67 of replacement cost 40 60. The average life of roofing.

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. 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. 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.

The appraiser must clearly state whether the subject is to be repaired or re roofed any leaks or moisture due to a problem with the roof are noted will be noted on. 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 roof should have a remaining physical life of at least two years. Installed correctly a new roof will last at least 15 years but the exact lifespan depends on the material.

Maybe even a total roof replacement. 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.