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Cost Considerations for Roof Replacement

Updated
June 2, 2015
Author
Amanda Curry
Read Time
2 minutes

When it comes to home repair projects, nothing is more trying than fixing up your roof. However, if a recent roof inspection has revealed signs of wear and tear, addressing these issues immediately is essential to avoid dealing with a leak or even a collapse. It’s also possible that you might find that entire sections of your roof will need to be replaced, which unfortunately may require quite a bit of financial investment on your part. If your roof is in serious need of a replacement, here’s what you need to know about cost considerations to understand how much you’ll need to fix this problem once and for all:

When to replace
When it comes to assessing the state your roof is in, it’s important to get a professional opinion. Leaking roofs are a major concern, and if not properly fixed could result in you spending much more money on renovations to both the interior and exterior of your home. While the temptation to save a few bucks and avoid roof replacement altogether may be strong, ignoring issues such as leaking or erosion will usually cost you in the long run.

replacing your roof
The size of your roof plays a big role in determining repair costs.

Material
Much of what you’ll wind up spending on a roof replacement project has to do with what material you’re working with. Asphalt shingles are typically the cheapest type of material to replace, and asphalt is also known to be relatively durable. However, homeowners who need to replace either metal or slate roofing must prepare themselves for a higher price tag. According to Contractor Connection, metal roofing can cost up to $250 per 100 square feet, and slate materials can reach prices as high as $800 per 100 square feet.

Size
Obviously, the bigger the roof, the more you’ll have to spend to replace it. With this in mind, it’s important to know the terminology roofers use to estimate how much of an area they’ll have to replace. Roof replacement projects are charged by what’s called a “roofing square,” which is the equivalent of 100 square feet. Keep this in consideration when mulling over various home repair service providers, as they typically advertise how much they charge per roofing square.

“Always review warranty policies before agreeing to roof replacement projects.”

Installation
Unless you’re a qualified roofing expert, you shouldn’t tackle a roof replacement project on their own. Even the quickest professional service providers will generally need at least a few days to replace a significant portion of the roof, so make sure you discuss timing estimates for installation with any of the companies you’re considering to hire. Weather can also play a pivotal role in how long installing a new roof can take, and the summertime is certainly the most ideal season to have your roof replaced. Always make sure you review the warranty policies with any service provider before agreeing to a roof replacement project, which may save you money in the future if other roofing projects are necessary.