As a professional roofing contractor, we know that the cost of a new roof can range drastically depending on several factors. Chances are, if you need a new roof, you are starting to think about what to budget for the project. While your best bet on accurate pricing is to get an estimate from a professional, there are several cost factors of a new roof that you can weigh as you are considering your roofing project.
How Much Does a Roof Typically Cost?
Nationally, the average cost of installing a new roof is $8,000. For larger projects, you can expect to pay upwards of $15,000 or $20,000. Because prices vary so much, getting an estimate from a certified roofer is more efficient than trying to price a new roof yourself. However, knowing what roofing contractors evaluate when estimating a new roof is helpful so that you can compare and make the best decision for your budget.
Cost Factors of a New Roofing System
There are traditionally six factors that weigh in on roof replacement cost. These factors include the type of roofing material, labor and time costs, your roof’s accessibility, the size of your roof, removal of an existing roof, and any additional roofing features you may desire.
Type of Roofing Material
Let’s say you previously had an asphalt roof but want to upgrade to a metal roof. These two materials cost different prices and thus, will impact the overall cost of your roof.
At PRQ Exteriors, we have experience with a variety of roofing materials to fit your budget and style, and we will work with you to help you select the best material for your new roof. You may also be interested in learning more about ‘premium’ roofs made from top-rated asphalt shingles, slate, or tile. If that’s the case, we got you covered and can educate you on how that affects the price.
Don’t forget that materials also include flashing, sealant, and waterproofing to protect your roof from damage. While this should be standard practice in any new roof, it’s good to be aware of!
Labor and Time Costs
You can’t install a roof without labor, so figure in those costs when budgeting your roofing project. Labor and time can vary greatly depending on your contractor’s skill level and the project’s size and scope. If roofers will be on your roof and property for weeks installing a complex roofing system, that will add more to your costs.
It is important to ask your contractor what they expect in terms of project time from start to finish. They should be able to provide you with an honest estimate of the time and labor involved in installing your roof.
Roofing teams will need to access your roof safely and efficiently to perform work. If your roof is exceptionally high or surrounded by landscaping or an adjacent house that makes access difficult, this could increase the cost of a new roof.
If you have a reasonably straightforward roof installation with an easy access point, this should help speed up your roofing project and keep costs minimal.
Sizing of Your Roof
The size of your roof may be the first thing you think of when considering the cost factors that will go into the price of a new roof. Of course, the larger the square footage, the higher the cost of materials and the longer it will take to install.
Another aspect of the size of your project will be its slope and roof pitch. These aspects will affect the difficulty, and thus the price of labor when installing a new roof.
Removal of Existing Roofing System
Your roofing contractor will consider the time and effort it will take to remove your existing roofing system. The square footage of your roof size also comes into play here, as labor costs will increase the larger and more complex your current roof is to remove.
Additional Roofing Features
Your roof likely has several vents, chimneys, and even windows such as skylights. These make removing and replacing a roof more challenging, as contractors have to work around them and be sure to replace them with the correct flashing and waterproofing materials when finished.
Additional Tips to Consider When Purchasing a New Roof
You may find that you need to consider additional options for your unique circumstance when purchasing a new roof. This is why looking into multiple roofing contractors to get a few estimates is a great idea!
Your location will also make a difference, as well as the demand in your local area.
Look Into Multiple Roofing Contractors
A great way to get a fair price on a new roof is by getting estimates from a few roofers. You can ask your local neighborhood groups, friends, or search online and read reviews. When you receive estimates, review the line items from your contractors so that you can compare total costs. You may notice that some markup materials more than others or have extra fees for hauling old roofing materials.
Risks of Opting with the Lowest Price
You should not underestimate reputation and skill when choosing a roofing contractor. You may be tempted to go with the lowest estimate you receive, but you should be a bit skeptical before making that decision. Some roofing companies can get away with cheap labor costs by hiring inexperienced workers who may have never set foot on a roof. Always do your research and consider paying a bit more for more experienced labor.
Roofing Costs Can Vary by Location
Where you live in the country will impact the cost of your new roof. People who live in higher cost-of-living areas like California or New York may find that a new roof in their area costs a bit more than someone in a low-cost area.
The demand for new roofs or roof repairs in your area may also impact price. If there are a significant number of homeowners looking to upgrade their roof at the same time or replace a roof after a significant weather event, this may lead to higher costs.
DIY Roofing is Ill-Advised
There are too many stories of homeowners taking their roofing projects into their own hands. Even taking on minor roofing repairs yourself poses a significant risk.
Attempting to remove your existing roof and install a new roof is a bad idea! One misstep and someone can be severely injured (or worse). It typically takes a team of experienced roofers to complete a project safely and correctly. Unless you’ve been trained in roof installation, you’ll likely make some mistakes in the process, leading to issues such as leaks and holes in the future. Leave roof installations to the pros and rest easy, knowing you and your family are safe and secure!
PRQ Exteriors: Top-Rated Roofing Contractor Since 2014
We know the investment it takes to install a new roof – no homeowner gets excited to replace a roof! However, most will have to deal with it at some point and will want a roofing system that can last.
PRQ Exteriors has been a top-rated roofing contractor for the Greater Denver area since 2014. We take roofing seriously and strive to do the best work on every single job. We take the time to train our roofers in the latest safety and quality standards.