Shopping for a new roof is a rare experience for most of us as roofs typically last 15 years or more. And they are not usually advertised in our local home center’s weekly flyer.
The first thing we will likely ask, given the need for a roof replacement, is “What does a new roof cost anyway?”
With that in mind, here are seven common questions about the cost of new roofs, along with the answers you need.
How do I estimate the cost of a new roof?
The national average cost of a new roof is approximately $ 7,800 when you hire a reputable professional roofer.
The cost of roof replacement varies depending on the square footage of your roof, the material you choose (e.g. standard asphalt shingles are cheaper than architectural shingles), and even the region you live in.
Also, you may need to budget for the cost of a permit – generally $ 250 to $ 500, although not all locations require a permit if you are roofing – and additional repairs (such as water damage restoration on your attic).
Repair or Replace?
Consider these factors when deciding on a roof repair or replacement:
The age of your roof. A roof nearing the end of its expected life is not a good choice for extensive and expensive repairs. You’d better invest your money in a new roof.
Type and amount of damage. A small leak is usually an easy and inexpensive solution, but damage that affects the entire roof (such as sagging or loss of granules from asphalt shingles) may not be worth the cost of repair.
Plans to sell your home. When you bring your home to market, a “new roof” has a lot more buyer appeal than a “recently repaired roof”. And the canopy will be an important item on a checklist.
What is included in the roof replacement?
When comparing roof replacement estimates, it is important to know exactly what to look for. Roof replacement usually includes some of these services:
• Tearing off existing shingles (unless new shingles are placed over the old ones)
• Repair or replacement of roof terraces
• New underpayment
• Flashing replacement
• Installation of new roofing material
• New drip edge
• Replacement of the gutter and the downpipe
• Ice dam protection
• Transport of old roofing material
• Clean up the site
Be sure to sign a contract with your roofer detailing all of the components of your roof replacement and their price.
Does a roofer need a license?
Yes, a roofer needs a license in most parts of the US, at the state or local level. Typically, licensing includes training or work experience (often followed by an exam) and proof of insurance. Don’t risk working with unlicensed roofers. The consequences can be a fine, the voiding of your roofing materials warranty, and significant financial problems for you, the homeowner, if someone is injured at work.
Can I replace my roof myself?
In theory, you might want to try and save some money by replacing your roof yourself. The average cost of replacing DIY roofs is around $ 4,000, or about half the average cost of $ 8,000 for professional roofers. However, DIY roofs are a huge project with enormous potential to go dangerously wrong.
Will my homeowner insurance pay for a new roof?
If your roof is damaged by an accident or a natural event like a hurricane or fire, your homeowner insurance can pay for a repair or replacement. Usually, however, damage due to normal wear and tear or total neglect is not covered. Read your policy carefully to find out the deductible and any exclusions, and contact your insurer as soon as possible.
Will a new roof lower insurance premiums?
Usually it will – the reason is that a new roof will reduce the risk of damaging your home. But don’t take anything for granted. Before roof replacement, be sure to speak to your local insurance agent to discuss how this will affect your premiums.