Maximize Your Commercial Building’s ROI

By Western Colloid. 

How to achieve a higher return on your investment by upgrading your commercial building’s roof with a quality roof coating system. 

With so many changes in the commercial real estate market, you might be considering selling your commercial building. One of the ways to get a high return on your investment is by making sure your roof is in excellent condition. While you could go out of your way to completely replace it, this decision can be quite expensive. However, if you leave your roof in poor condition, you could lose money when you try to sell your property. 

Here’s what to know if you are planning on selling your commercial building: 

Plan to sell 

Although conditions are challenging right now, it’s better to go into a sale with a plan, rather than rushing in, only to find deficiencies when an offer is on the table. If you haven’t done so already, have a detailed roof condition assessment — and even a full building condition assessment — done so you can identify problem areas and prioritize repairs. 

A qualified roofing professional can help you understand where updates and repairs to your commercial roofing system will give you the best return on your investment as you prepare to sell. They can also make recommendations on cost-effective solutions that will offer the longevity a buyer expects, without making you pay for something you won’t get a maximum return on. 

This plan-ahead approach is especially important if you’re preparing to sell more than one building, and especially if you’re looking at a portfolio transaction. Prioritizing which buildings are most in need of repair, and where those repairs will give you the best return on investment (ROI) is a crucial first step in navigating the process from listing to closure. 

Evaluate your options 

If your commercial roof has significant damage — particularly if there are signs of damage within the building envelope, in the insulation or even in the building’s interior — there may be no easy fix. Water damage is easy to spot by a buyer’s building inspector and can quickly reduce your sale price. In this case, you may need a more robust system. A roof coating system can be utilized in many different scenarios: you can build a more robust membrane system or simply freshen up your existing roof and ensure a longer life span for the buyer. 

Roof coatings have long had a reputation for being a quick fix or band-aid solution for aging roofs, but a modern roof coating system can come with warranties for ten, fifteen or even twenty years. And they are easily renewable. They are designed to be compatible over many existing roof substrates, including BUR, modified bitumen, single ply, metal roofing, sprayed polyurethane foam, TPO, gravel roofs and other roof coatings. 

How roof coatings enhance the return on your commercial building 

Roof coating systems like Western Colloid’s Fluid Applied Reinforced Roofing (FARR) and Cool Roofs help increase the return on your commercial building in a few different ways. Specifically, they can: 

• Dramatically reduce future repair costs 

• Extend or possibly eliminate the need for a full roof replacement 

• Improve the energy efficiency of your building 

• Improve the overall appearance of the building 

• A new roof coating system can upgrade your roof to meet modern building standards  

A FARR system is a liquid or emulsified roof coating that goes on between layers of reinforced polyester fabric. Whether you choose an asphalt emulsion and/or an acrylic based system, it creates a durable waterproof membrane that protects your roof and your building from the elements. 

Compared to more traditional roofing, roof coatings go on as a seamless reinforced layered membrane requiring no fasteners. Since traditional systems often age and fail at their weakest points, like seams and joints, where water can infiltrate and sometimes run under the system, this fully adhered continuous solution can provide building owners and operators with greater peace of mind.   

By applying a roof coating system, you’ll be creating a waterproof barrier with several layers of redundancy so that, even as the surface coatings age, the membrane will keep water from getting in, further preventing issues related to water damage, mold growth and poor indoor air quality. Roof coating systems also have the benefit of being easily maintained and indefinitely renewable.  

Applying a warranted roof coating system also means that the building’s new owner won’t have to do a full roof replacement for a decade or more and the warranty can be transferable. By extending or eliminating the need for a significant roof replacement capital cost, you’ll see an immediate return on a potential sale price for your building.   

In addition to these repair, maintenance and replacement benefits, installing a cool roof coating system can also improve the overall energy efficiency of your building. Acrylic coatings, in approved colors of white, tan in grey, reflect solar energy rather than absorbing it, reducing the load on HVAC equipment to help keep the building cool. 

The demand for energy-efficient buildings is at an all-time high and will continue to grow as building owners and property managers feel the pinch from struggling tenants and look for ways to reduce operating costs. Buildings that attract high-value tenants who expect features like energy efficiency will be in high demand in any portfolio. 

To find out how roof coating systems can improve the return on your commercial building, and to request a commercial roof assessment, visit here. 

Have a question? AskARoofer. 

Find your local roofing contractor in the RoofersCoffeeShop® Contractor Directory. 

Original article source: Western Colloid