Roofing Costs Explained: How to Plan, Estimate, and Save on Your Project

If you want to re-roof your home on a budget, it pays to do your homework. Follow the tips below to get a great deal on a new roof.

Schedule a roof inspection

The first step in planning what work needs to be done on your roof is to schedule an appointment with a contractor so that they can perform a thorough inspection. The roofer will look at the state of the current roof, safety considerations, and the complicated architectural features that may add to the cost.

Get an estimate

The next step should be to get an estimate of the cost of the roofing project. This will entail many factors, such as labor hours, type of materials used, and the extent of any repairs that need to be made. Most industry experts recommend getting at least three different estimates from professional contractors before making the final decision.

Consider different materials

There are pros and cons to every material with which a roof can be built. It is definitely in your best interest to talk with the contractor about which one is best suited for your particular needs and budget. While metal or asphalt are always popular traditional choices, many other homeowners opt for alternative roofing materials such as tile or slate.

Saving, save, save

Unless your roof is in need of immediate repair or replacement, it is highly advised to create a savings plan that is aimed at large home renovation projects, such as a new roof. Real estate professionals advise that about 1% of the home's value be placed into a dedicated savings account every month. This would generally be able to pay for a new roof at the end of one year.

Remember that seasons matter

It is also important to plan the replacement or renovation during a month that has mild weather, such as during the spring or fall. The main reason for this is that the more extreme weather conditions of the summer or winter months can play havoc with the materials used during installation.

Gather all warranty information

Inquire about warranties while gathering estimates. This will apply not only to the roofing materials themselves but also to the workmanship of the roofing company. The standard limited material warranty is 30 years while contracting companies tend to warranty their work for between 5 and 10 years after the installation is complete. Keep in mind that a company that has been in business for a long time is more likely to be there to address a warranty issue in a few years than a new company.

If you are interested in either having your roof repaired or getting it replaced entirely, please follow us on Facebook or Instagram, and let us help you find a licensed roofer in your area. You'll also find more tips and advice about every other home improvement project that you can imagine.