Installing a new roof is expensive, but it is one of the home improvement projects that should always be taken on by a professional. The cost of a new roof is usually between $5,000 and $10,000, although this cost varies widely depending on your location, the materials used, any damage your current roof has, and the size and pitch of your roof. Because of all the variables, it can be difficult to determine whether or not you are getting a good deal, or whether you are paying too much. Asking local friends and family with similarly sized homes for their experience is a good start, but there are other ways to make sure you aren’t paying too much.
Before You Schedule Your New Roof Installation, Get an Inspection
The best way to start determining what may be necessary for a new roof is to get an inspection by a roof inspector. An independent roof inspector will cost around $200, but since this inspector will be unbiased, you can trust their report. They can let you know whether you simply need a replacement due to age, if you have underlying damage that will need to be addressed, or if your roof simply needs repaired. This inspection can help you find an honest roofer as well, since you will know if any are attempting to inflate their prices on work you don’t need.
Check for a Warranty or Insurance Eligibility
If you’ve previously replaced the roof, you will have your warranty paperwork to determine if your roof may be covered by the warranty. If you recently purchased your home, the roof may still be under warranty from the previous owners. Try to find any paperwork from the previous roof replacement to determine whether or not your home is eligible. You may also be eligible for insurance to cover part of the cost of your new roof. If the roof inspector uncovers damage from a storm, you may be able to have your homeowner’s insurance assist you.
Get Multiple Quotes for Your New Roof
After getting initial recommendations and checking out your local roof contractor’s licensing and insurance credentials, you should have a short list of about 3-5 roofers. Get complete estimates in writing from these roofers so you are able to compare prices. You’ll also get a good feel for how various roofers approach your project. If a quote is significantly lower or higher than the others, it’s important to look at it closely – and the roofer who provided it – to find out why. Usually the best quote is the one that falls somewhere in the middle.
Asphalt Shingles are a Good Way to Save Money
Don’t feel pressured into using the most expensive roofing materials, even if they were previously used on your home. Talk to your local roof contractor about the best material options for your home and where you live. Asphalt shingles are a great choice, since they are both durable and economical.
Plan for Your New Roof
Most homeowners do not have the cash sitting around for a new roof, and if you put off a roof replacement, you may find yourself paying more due to additional damage. If you identify the need for a roof replacement several years prior, you can begin to plan for the eventual replacement. Most roofing companies offer payment via a credit card, or financing is available either through their company or a third party, but this may not always be the smartest financial move. The best plan is to prepare and save so you have the cash on hand, but if this isn’t possible, looking into home equity loans or other means of financing will protect your home and your investment. Trust Armorvue Home Exteriors for your upcoming exterior home improvement needs. We offer a limited lifetime warranty and financing options as well. Our honest, knowledgeable team of experts can guide you through the entire process from beginning to end. While paying too much isn’t a good idea, it’s important to consider your new roof an investment. Doing your research and planning ahead can ensure that you are prepared for your new roof. Contact us today for a virtual appointment.
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