Your roof is probably one of the best parts of your home since it does not require constant repairs. However, did you know that you will need to set aside several dollars for roof repairs every 15-20?
Considering that this is not an expense you incur every day, it may be unclear how much to set aside for a full roof replacement. Nevertheless, this does not mean that you cannot make a budget for the full roof replacement cost.
Here is comprehensive information that will help you accurately answer the big question.
Full Roof Replacement Cost
On average, the price of roof replacement ranges from $8510- $11620. This cost differs based on factors like size of the roof, type of material used, structural changes required, and the roofing company you hire.
Considering each of these factors is key for getting an accurate quote of the amount needed to repair your roof.
Factors That Affect the Cost of Roof Replacement
As mentioned above, no one major factor determines how much you pay to replace your roof. While some factors affecting the cost are obvious such as the size of your roof, others are hidden costs that you may forget to account for.
Getting a breakdown of these factors is the best way to help ensure that you get an accurate sum and understand how each dollar you invest in this is spent.
Cost Based on Material
Different roofing materials have different prices based on their pros, cons, and quality. Some of the common roofing materials that you may use are:
i. Asphalt shingle– these cost about $2.50 to $4.50 per square foot. They are the least costly type of roofing material and the easiest to install.
Additionally, they are lightweight, which is why most people prefer them.
ii. Rubber roofing. They cost between $5 to $10 per square foot. Rubber roofing is mainly used for flat roofs since it stretches across the roof and has no seams. It is long-lasting and easy to install.
iii. Vinyl roofing. They cost between $3 and $8 per square foot. These are also used for flat roofs as they have little or no pitch. Additionally, they have sealed seams which help ensure that they are water-resistant.
iv. Cedar roofing. Its cost ranges from $8 and $12 per square foot. Cedar roofing can either be shakes and shingles. Shakes are irregular, while shingles are uniform in shape and size.
They have high maintenance demands but don’t require reinforcements during installation.
v. Bitumen roofing. These cost between $4-$8 per square foot. They are mainly used for flat roofs, although they are more difficult to install. Additionally, they do not last as long as other types, so they are mainly used for small buildings and sheds.
Costs Based on Location
The part of the roof that needs replacement also affects the cost. In most cases, the roof of your house is what will mainly need replacement. However, other parts such as sheds, garages, and porches, among others, may also need repair.
The location will affect cost based on the material you wish to use and the size of the roof needed.
Cost Based on the Labor
Buying roof materials is one thing and installing them is another. You may decide to either hire a roofer or handle the project independently, which will affect your cost.
On average, handling the project on your own costs about $2500-$5000. On the other hand, hiring professionals ranges between $5000-$10000. Based on these figures, one may automatically opt for DIY to save costs.
However, before you jump for this option, remember that you may lead to future regrets. For instance, you may install the wrong type of roof or take unnecessary safety risks. The amount you save through DIY is not worth such risks.
Hidden Costs During Roof Replacement
Failing to consider the full roof replacement costs results in running out of cash before the project is over. Hidden costs are a leading reason why you may have inaccurate estimates.
You may forget or ignore these costs, but they still occupy a good percentage of the overall cost. They include:
i. Waste
ii. Guttering
iii. Roof replacement
iv. Nails
v. Roofing permits in some instances
vi. Framing
How to Reduce the Overall Roof Replacement Costs
Sure, the information above may scare you, especially if you have a big roof or working on a budget. However, before you decide to give up and learn to live with the beyond repair roof you currently have, learn some of the methods you can use to minimize the overall cost.
They include:
Hire the Right Contractor
Hiring a professional not only helps you enhance safety but also helps you save on cost. The right contractor can handle the project and minimize losses and wastes as much as possible, thus saving costs.
Additionally, they are more likely to spend far much less time than you could if you replace the roof, saving money. The contractor may also have other recommendations that will help you save money.
Get Different Quotes
Various roofing companies have different quotes for their roofing services. Therefore, before you settle for a specific company, shop around and try to get within your budget. However, lookout not to compromise quality over price.
Recycle
If not all parts of your roof are damaged beyond repair, recycling them could save you a fortune. For instance, if the roof of your house is recyclable, you can use them for the garage and save purchasing costs.
Talk to a professional installer before recycling for a go-ahead to recycle the roof.
Get the Right Time
Fall and late summer are the onset seasons for roofing repairs and maintenance, while winter and spring are low seasons. Therefore, to help you save, get a plan for roof replacement during the low seasons since charges are lower and there are off-season discounts.
Ready to Make a Budget for Your Roof Replacement Project?
It is safe to say that getting the right quote for a full roof replacement cost is not a walk in the park. Fortunately, with a breakdown of the costs involved in roof replacement, it is possible to come up with a budget that will not fail you in the course of the project.
Get in touch with us, and we shall make the roof replacement process more manageable.
