An average American spends over $9,000 on home improvement projects a year. It’s safe to say that finding ways to save on these endeavors is sorely needed.
What if you need to replace your roof but don’t want to break the bank? How do you figure out a roof replacement cost in the U.S.?
That’s what we’re here to look at today. Read on to find out how much a roof replacement costs and what factors into the final price.
When is it Time to Replace a Roof?
First, let’s clear up when you should even look to replace your roof.
For a lot of homeowners, the warning signs make it explicitly clear when these replacements need to be made. Perhaps a thunderstorm caused leaks in your upstairs bedroom. Maybe your attic is becoming damper and damper.
Making sure you act on these warning signs will inform you when you need to replace your roof. Waiting too long can end up in severe damages, and you’ll even enjoy a few extra benefits to replacing your roof in the process.
Benefits of Replacing Your Roof
While roof replacements seem like a huge burden, there are plenty of benefits for taking them on.
One of the most prominent factors is that your home will look a lot more appealing. This gives you bragging rights in your neighborhood, but it also boosts your home resale value.
By installing newer shingles, you have one more asset to negotiate prices if you ever want to resell your home.
Factors That Affect Roof Replacement Cost
Say you want to reap those rewards or just need to replace your roof pronto. How do you budget your roof replacement project?
The answer will depend from home to home. Generally speaking, you’d expect to pay anywhere between $5,000 and $10,000 to fully tear off and replace your roof.
Let’s look at what goes into that final price here:
Tearing Old Roof
The first step to replacing your roof is tearing off the old material. This in and of itself is a bit of a hassle. Hiring roofing companies to do this means you’ll have to pay for their labor.
Labor is another key factor in your replacement costs. The cost to replace roof shingles can vary by contractor, so find the best one around. In this case, firms like Ragsdale Roofing And Innovations LLC provide reliable labor.
The shingles you choose to replace your roof with will also be a huge factor. Asphalt shingles are the most common and generally the cheapest material. You can go crazier with metal or other materials, which offer durability or energy efficiency at a cost.
Like we mentioned earlier, the size of your roof informs you of how much you might have to pay. The bigger your roof is, the more materials you need and the longer you’ll need your contractors to do their work.
Most roofs aren’t completely void of external factors and variances. What we mean by that is that things like chimneys, debris, vents, and other obstructions can affect your roof replacement costs.
The more you’ve got on your roof, the longer (or shorter) it might take to get the entire project finished.
Leverage Roof Replacements Today
Roof replacements are a big deal for any homeowner, no doubt, but they don’t have to make your life too complicated. Use this guide to figure out your roof replacement cost and make the right budget decisions today.
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