As a business or building owner, you may make decisions on short-term or long-term goals depending on what personal factors you need to consider. When it comes to your building and comparing bids to big financial decisions it’s important to think of the “lowest life cycle cost.”

It sounds gimmicky, but it’s really simple.

Lowest life cycle cost refers to the cost of owning or operating some asset or system over its entire lifespan. Three important factors when calculating the lowest life cycle cost includes:

• Initial Purchase Price
• Maintenance and Repair Costs
• Cost of Replacement or Disposal

Let’s look at these specific to the roof coatings that Armour offers.

Initial Price

We routinely save people 40%-70% over the cost of a new roof with the variables depending on how much (or little) work is needed to prep their roof and the roofing material replacement cost. For instance, replacing a metal roof is much costlier than a flat roof in general and with the rise of pricing for materials in 2023 you’ll see an even bigger price gap between our roof coatings and new roofing material.

Maintenance and Repair Costs

Ongoing repair for both a new roof and roof coating are extremely minimal the first few years (outside of a catastrophic weather event), however, when things start to come up then roof coatings will almost always be cheaper.

The cost to fix a new roof will generally be more in terms of material and labor costs. On the other hand, roof coatings are generally much cheaper to patch up. Our annual maintenance plans ensures your roof is in tip top shape and your warranty covers the cost of material and labor.

Cost of Replacement or Disposal

This is really where roof coating shines. The cost to replace and dispose your roof at the end of its life cycle is significantly more expensive. You have to account for tear off, a dumpster, and environment impact of the waste associated with a replacement.

Roof coatings that need to be replaced can generally be done for not a lot of disruption and less of a carbon footprint. Plus, a roof coating tear off and re-coat generally takes a lot less time.

Summary

Another way to look at Lowest Life Cycle Cost is the best value option. A solution that solves your problem at the best price.

The goal is to choose the option that has the lowest cost over the entire life of the roof, and we firmly believe roof coatings can solve the short and long term goals while having the lowest life cycle cost.