Families living in homeowner association (HOA) communities or multifamily complexes don't expect to pay for roof repairs directly. Instead, replacement costs are built into rent prices, or developers have replacement funds while residents in condominiums, villas, or townhomes pay HOA fees, building a reserve fund. These funds act like a safety net, covering repairs or maintenance projects.

Repairing unexpected storm damage or premature wear and tear can quickly drain reserve funds. If they are already low or stretched thin, the financial stability of the entire community could be impacted. Investing in a durable, long-lasting roofing material is key to protecting homes and financial resources. Let's look at three ways Euroshield Roofing can help conserve funds for HOAs, townhomes, and multifamily units.

Euroshield Roofing Helps HOAs Reserve Funds

The average cost of replacing a median-sized roof costs homeowners between $5,764 and $12,524. On the other hand, condominiums, villas, townhomes, or apartment complexes can cost triple, quadruple, or even a couple of million depending on the location, size, pitch, and material. Repair or replacement due to age or wear and tear can be budgeted, but damage from strong storms, hail, or wind can strain reserve funds. The better the material, the less chance of damage and the longer it lasts—preserving these funds.

Euroshield Roofing is a state-of-the-art roofing material offering a range of benefits for HOA communities and multifamily complexes. Made from 95% recycled material, of which 70% is recycled rubber, Euroshield shingles provide exceptional durability against severe weather, come with a fifty-year warranty, and are available in several sleek and modern styles. Most importantly, installing Euroshield Roofing can keep your reserve funds intact and potentially reduce insurance costs.

Durability: Protecting Your Investment

Traditional shingles, such as asphalt, are cheaper to install and repair. But they come with a limited lifespan. On average, asphalt shingles deteriorate under harsh weather conditions due to granule loss. This means HOAs and management for multifamily homes end up spending money to repair or replace them often. Euroshield shingles are specifically designed to withstand the following:

• Large hail
• Damaging winds
• Extreme temperature changes
• Storm debris

Not only does Euroshield offer hail-proof shingles (HP), but there have been zero dollars in hail damage claims on our HP shingles to date! This is particularly important for communities located in areas that regularly experience severe weather. Euroshield shingles may have a higher upfront cost, but management companies are less likely to dip into reserve funds for repairs or replacement, and fewer claims can reduce insurance premiums.

Longevity: Savings You Can Count On

Euroshield Roofing is designed to last. Compared with the 15 to 20-year lifespan of asphalt shingles, Euroshield shingles can last for decades, and the warranty is unbeatable. All of our shingles are warrantied to withstand 2-inch hail for 50 years. Our hail-proof shingles are even warrantied against hail impact of any size for 20 years, with our standard 2-inch warranty for the next 30. This ensures you don’t have to worry about replacing the roof for a while, which can keep HOA or condominium fees down and rent in multifamily complexes at a reasonable price.

Aesthetic Appeal: Design Options for Every Community

Aesthetics play a significant role in the appeal of an HOA community, and Euroshield does not disappoint. Homeowners, residents, and landlords can choose from Shake or Slate roofing. Our Shake roofing gives your roof an authentic traditional wood look but with the strength and durability of Euroshield’s rubber blend. Slate roofing offers the luxury of real slate without the risk of cracking and for a lower price. 

Both product lines are Class 4 UL2218 rated, with our Vermont Slate shingles rated as hail-proof. Whether it's a sleek Slate or authentic Shake, Euroshield Roofing can enhance the overall appearance of the community and improve curb appeal.

Euroshield Roofing Offers Multiple Benefits

Euroshield Roofing also offers several benefits, making it a top choice for HOAs and multifamily unit management companies seeking a superior roofing solution.

• Environmentally Sustainable - Made from recycled materials, Euroshield Roofing helps reduce waste and conserves natural resources, making it an eco-friendly choice.
• Energy Efficiency - With its exceptional insulation properties, Euroshield Roofing helps regulate temperature, reducing energy consumption and lowering utility bills. And who doesn’t love a low electric bill!
• Noise Reducing - No one likes a noisy apartment or living space. Worrying about your neighbors is one thing, but Euroshield Roofing acts as a barrier against exterior noise, creating a quieter living space.

Talk To Your HOA About Installing Euroshield Roofing

Whether a homeowner, condo owner, or investor, saving money and protecting your property go hand in hand. Installing Euroshield Roofing enhances the overall value and safety of your home or multifamily unit. For more information on our Euroshield products, send us a quick message here. If you’re ready to install Euroshield roofing, search for a Euroshield-certified roofing installer in your area.