While most homeowners idolize their homes, only a few plan for their roof replacement. Also, most take roof replacement for granted, thinking it would last forever. Yet, regardless of their roof’s strength, it would one day need a facelift.
Therefore, planning and knowing the cost of having a new roof is wise. So, to arm you with all the essential information, this article will cover:
The benefits of a new roof
Factors affecting roofing cost
Various types of roof materials and their cost
Frequently asked questions
The Benefits of A New Roof
Some homeowners don’t want to invest in a new roof because they see only a handful of benefits. However, this is far from reality, as a new roof offers many benefits.
And some of these benefits are:
A new roof increases your property’s value
A new roof improves your home’s energy efficiency
A new roof provides your family with comfort
It gives your home a makeover
It provides a vigorous defense against the weather elements
It also provides your home with an excellent new warranty coverage
Factors Affecting Roofing Cost
The cost of a new roof isn’t straightforward. This is because several components go into its estimation. And while some of these can be in your control, others aren’t. Therefore, to have a clear idea of the average cost of installing a new roof, the factors below are crucial:
Some roofing companies charge for this essential service, which can add up to your cost. Roofing inspection is the routine assessment of your property by a roof inspector. Here, the inspector would examine your property’s exterior and interior, looking for signs of damage. And depending on the complexity and time spent, your cost can increase significantly.
Your place of residence would influence the cost of your roof. Thus, each geographical location has its material and labor costs. So, a new roofing cost in Florida, for instance, would be higher than in other areas.
This is because Florida needs to comply with specific materials and installation to withstand the severe climate. But, again, meeting the state codes and energy efficiency would add to the cost.
About sixty percent of your total roofing cost would make up for labor. And most roofing companies charge per square foot or square. So, on average, expect to pay $150 to $300 per square in labor charges. Besides inspection cost, the extent of damage, climate, material removal, and disposal cost also influence labor cost.
In most areas across the US, you can’t roof your home without a permit. So, to protect you and others, some states require a permit for a roof installation. Yet, this isn’t needed for minor repairs. Permit adds extra cost to the total roofing cost, and it ranges from $255 to $500.
And after installation, a city inspector would verify the installation conforms to the area codes. Note that permit cost varies—depending on your location, project type, and size.
The number of stories or roof reach will affect the total cost. For instance, a standard home needs less time, harnessing, and fewer ladders for moving items up and down. So, compared to this, you are likely to pay higher for a roof that requires more time and equipment to access its height. Again, obstacles like trees, stones, etc., around the property will increase the cost.
Size of Roof:
The roofing size is also an excellent cost determinant. This is because it estimates the surface area to be covered. Therefore, the bigger the surface area, the more materials, and labor are needed. Also, the size affects the permit fee, increasing the overall cost.
The Pitch of the Roof:
Safety concerns influence roofing costs. And this results from the slope of your roof. Notably, home roofs can have a low pitch, steep slope, or both. Note that the steeper your roof, the higher the cost. This is simple—a steep roof requires extra safety gadgets to protect roofers.
Extra fixtures that improve your home’s curb appeal will increase the cost. This includes waterproofing and flashing around skylights, chimneys, vents, bay windows, and dormer windows. The increase in cost results from additional time and material needed to finish the job.
Besides labor, the next major factor that affects the overall roofing cost is material. It accounts for about forty percent of the total cost. However, you have some control over this component. Again, you have several roofing materials to choose from that meet your budget. Interestingly, you can choose from asphalt, wood, metal, slate, etc.
Different Roofing Materials And Their Cost
Your overall roofing cost will be higher or lower depending on your material or shingle choice. Therefore, it’s good to know some of these material types and their corresponding average cost. So, I shall focus on the seven most popular materials among homeowners.
And not in any preferential order; let’s examine them.
Asphalt Shingle Cost:
Asphalt shingles are the most common shingles across the country. They are durable, cost-effective, and can last for about twenty years. Therefore, they are the favorite choice for most homeowners. Expect to pay around $100 to $200 per square if you like this option.
Metal Shingle Cost:
You can opt for a metal shingle if the drawbacks of asphalt shingles concern you. They can last three times more than the asphalt shingles. However, expect to pay more for this material type. A budget of $255 to $400 per square is the expected average for a new metal roof.
Wood Shake Cost:
You can go with a wood shingle for its wind resistance, curb appeal, durability, and eco-friendly attitude. Though there are several wood shingles, cedar shake remains the ideal choice among homeowners. The average cost ranges from $350 to $500 per square.
Slate Shingle Cost:
Slate shingles are also an excellent choice among homeowners. They are durable, long-lasting, easy to maintain, and aesthetically pleasing. This premium roofing system can cost you around $500 to $1000 per square.
Clay Tile Shingle Cost:
Clay shingles are durable, fire-resistant, eco-friendly, and versatile. These make them one of the choices among homeowners. Often, they are covered with chemicals like fluxes, silica, manganese, and aluminum oxide, increasing their longevity. The cost of clay shingle is around $300 to $800 per square.
Rubber Shingle Cost:
If you are looking for a lightweight, impact resistance, sound insulator, and eco-friendly roof, rubber shingles are excellent. So, for their durability, expect to pay around $300 to $400 per square.
Solar Shingle Cost:
Solar shingles are the newest roofing systems available. They are an excellent choice if you have the budget. Solar shingles are environmental-friendly, fire-resistant, infrangible, and attractive. Expect to pay around $15000 to $20,000 for a solar roofing system.
Frequently Asked Questions (FAQs)
Which Type of Roofing Is Best?
You have several options for roofing—metal, wood, plastic, solar, and asphalt, among others. These are all great shingles that provide solid protection for your home. However, asphalt remains the favorite among these shingles across the US. They are versatile, most affordable, and easy to install. Also, they can last longer, saving you money in the long run.
What Is the Longest Lasting Roofing Material?
Long-lasting is vital attribute homeowners desire in a roof. This is just natural, as they want to use their investment well. Yet, all the shingles do not have the same lasting strength. But you can bet on concrete, clay, or slate tiles for longevity. But be mindful that they can also be a little pricey compared to others.
How Long Will A New Roof Last?
All things being equal, a new roof can last between fifteen to over a hundred years. However, this duration depends on the roofing material used. For instance, an asphalt shingle can last between fifteen to twenty years. In contrast, a slate tile shingle can extend to over a hundred years. Again, your local weather will also affect its longevity.
Can You Get A Government Grant for A New Roof?
You can access a grant to service your roof when you are eligible. However, some of these grants may not cover your entire roof replacement. In most cases, the government awards these grants to low-income families, senior citizens, and persons living with a disability.
Some of the most popular grants are Weatherization Assistance Program and Single-Family Housing Repair Loans and Grants. The others include the Tribal Energy Program and the Housing Preservation Grant. If you aren’t qualified for a grant, you can get a loan.
Should I Repair My Roof On My Own?
If you are comfortable with heights, you can handle some roofing repairs. Mostly, these may be minor repairs on your shingles. But for serious repairs or replacements, it’s ideal to hire a professional. With their years of knowledge and experience, you will save time and money.
What Is the Best Type of Roofing Material for Hot Climates?
Roofing shingles are there to protect you from the weather. However, they aren’t made to suit all weather. So, each type is unique for a specific climate. Therefore, the right shingle for the ideal environment would serve its maximum purpose.
The opposite is also true, allowing homeowners to pick carefully. Now, it’s best to use slate or clay shingles in warmer climates. Also, you can rely on metal, plastic, and green living roofs.
What Is the Best Type of Roofing Materials for Cold Climates?
Some roofing materials that perform better in warmer climates may function poorly in cooler conditions. So you must choose the most applicable one for your location. For colder climates, the best roofing shingles are fiberglass asphalt, metal, slate, and synthetic shingles.
Concluding Remarks On the Cost of New Roof
There are several costs associated with a home—and a new roof is one such expenditure. Unfortunately, this cost doesn’t come cheap. As a homeowner, this is why you should plan. A roof replacement won’t take you by surprise if you plan.
But note that there is no one-fit-all cost for a new roof. This is because certain factors add up to the total cost. This includes labor, material, location, permit, and a host of others. You’ll have a fair idea about your roofing cost if you factor in these components.
Interestingly, some government departments assist with roof repairs and replacements. So, if you need financial help, you can access these grants if you’re eligible. Otherwise, you can use a loan to finance your new roofing system.