Having a roof over your head is something that many of us take for granted. Just like most things, a roof won't last forever. So when it's time to replace your roof, what is the cost? It's important to make sure that you handle the issue in the correct manner.
If your roof has leaks or cracks it can lead to water damage and rotting shingles and wood underneath. It can cause your ceiling to collapse causing great damage, not just for your home but valuables. It’s also a dangerous situation for you and your loved ones.
Have you been avoiding all that much needed roof replacement or repair? Not sure where to start or would like to have an idea how much it will cost? You have come to the right place. This article will provide you with all the information you need in order to replace your roof with ballpark costs and a breakdown of various roofing materials, and how and when to decide to repair or replace your roof.
Average Cost for A Roof Replacement
Replacing your home roof is one of the largest expenses you will ever have to make as a homeowner. Even worse, it's not a type of home improvement that you can enjoy once it's done, like a renovated kitchen, or a new deck. But it's a great investment for your property that will keep your home in top shape for many years.
The usual lifespan of a roof replacement is 10-60 years, depending on the type of roofing material you choose. The good news is, you can easily recoup some of the roofing cost if you ever decided to sell your home.
Zillow estimates that a new roof replacement will retain 60% of its value in real estate sales. Layda Sutherland a realtor in the San Diego area, says, “A roof replacement is a fantastic investment that will pay off in different ways. The more features your home comes with, the more probability and competitive offers will come.
The national average cost for a roof replacement is about $8,000, with others spending in the range from $5,000 to $15,000. The two main variables you'll deal with are the square footage and the type of roofing material you decided to go with.
Roof Replacement Estimate
Type of Costs Cost
Average Cost $8,315
Highest Cost $11,300
Lowest Cost $5,445
Factors that Might Affect The Cost Per Square Foot
When you acquire a roof replacement quote from a roofing company, you can expect about 60% of the estimate to be the cost of labor per square foot. The rest of the quote will mostly cover the materials of the job.
Labor
An average roofing labor cost is between $1.50-$3.00 per square foot. Here is a term you should be familiar with called “square”. One roofing square means it covers 100 square feet. So you might see a labor quote of $150 – $300 per square. That’s about receiving a quote like $1.50 – $3.00 per square foot. It’s important to understand this distinction so you can understand your roofing quote.
Here are some factors that can increase or decrease your roofing labor:
Extent of the damage:
A substantial amount of rooting timbers underneath the shingles not only makes the job harder, but dangerous as well. So your roofing company might increase the cost of your replacement of the roof if you have rotting wood.
Environmental conditions:
Severe conditions like extreme heat and cold can increase the cost of the roofing job. Some companies might have to bring on their protective element team to complete the job.
Material removal:
Sometimes a roof that needs to be replaced years ago but instead homeowners choose to be re-shingled in the hopes of “buying some time” on the big repair. If you have a home that has more than one layer of shingles, you will need to remove all layers in order to repair and replace shingles, thus causing an increase of the total cost.
Materials
The cost of roofing materials usually accounts for 40% of your total cost of the roof replacement cost. It can cost from $100-$1,000 per square foot (keep in mind that a square is 100 square feet). However, that can vary depending on the type of roof you decide to install. If you don’t choose from the most common roofs such as asphalt shingles, you’ll more likely pay for more roofing materials.
Roof Size
A “roof slope” is the roof pitch is the steepness or the angle of your roof. The roof pitch is calculated by inches that your roof rises vertically for every 12-inches it extends horizontally.
A standard pitch is between 4/12 and 9/12 pitches. This is the easiest for homeowners who want to replace their roof. The size of your roof slope can affect the cost of the roof replacement.
Location
The location of where you live also affects the cost. From the shingles/roofing that works in the best climate to your local building codes and HOAS.
Roofing Cost by Type
Asphalt shingles are one of the most popular choices among homeowners. They are durable and affordable, lasting up to 40-50 years in certain climates. But if you’re looking to replace your roof, you have many options, especially if you have a large budget.
Galvanized Steel
One of the earliest materials used to roof homes were galvanized steel roofs. They are crafted of a steel core with zinc coating to provide years of protection and durability.
Asphalt Shingles
It’s a mixture of mineral, fiberglass and asphalt composite. This is the most popular type of roofs. They are durable and most importantly affordable to install.
Cooper
These roofs are considered to be one of the most extravagant roofs, copper roofs last a lot longer than traditional ones. They add a lavish touch to your home and add curb appeal.
Slate/Stone
Stone and slate tiles are more expensive than wood and metal roofs. However, they are more durable. It’s also fireproof and resistant to extreme weather and very high winds, it also protects the home from small branches and hail.
Cost of Repair vs Roof Replacement
There’s a chance that your roof doesn’t have extensive damage. Should you think about repairing it instead? Before you think about repairing it, we highly recommend getting a professional opinion from a trusted roofing contractor. If your roof doesn’t have a lot of damage or you want to change the material of your roof, a roof repair might be a better option. If that is the case, then you are in luck. Simply because a roof replacement is a lot less expensive than a replacement.
A repair can run you from $325-$1,380 if your roof is asphalt. Premium material will cost more, and the hourly rate for labor will likely be from $45-$80.
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