A roof is an expensive, but necessary investment for your home. And when it comes time to replace your roof, you want the best quality, but you also want to get a reasonable price as well.
It’s estimated that a typical asphalt roofing job for a residential home can range from $8,000 to $16,500. And while there are a variety of factors that go into determining the price, we’re going to take a look at ways you can save a few bucks without sacrificing quality work.
Research & Learn
Thanks to the Internet, you have access to virtually every piece of information regarding roofing. Before you even talk to a roofing contractor, research materials, labor costs, and terminology, so you know exactly what you agree to when you negotiate. Also, keep in mind that you’ll likely have disposal fees and recycling fees to contend with when tearing down your old roof, so make sure you know approximately what those should be in your area before you agree to a price. Being informed means, you’re less likely to be taken advantage of.
Get a Roof Inspection
Getting a professional to come in and expect your roof is an excellent idea because it gives you a clear picture of the work that needs to be done. We’re not saying that all contractors are shady, far from it, but it’s better to know the work that needs to be performed by a third party rather than someone who may be trying to get a little more money out of you by selling you on something you may not need.
Getting a roofing inspector is relatively inexpensive, and you can generally get one for under $300. An inspector will be able to pinpoint any damage and advise you on whether you need a full on roof replacement or if you can get by with a minor repair for now.
Lastly, when you hire an inspector, make sure you get someone who’s not associated with a company you may employ to do the work. As we said, they may not be as unbiased in their recommendation as you would like.
Repair or Replace
This goes hand-in-hand with getting a roof inspection because a proper inspection will help you decide whether you need a full-blown replacement or if you can get by with a repair. In many cases, what seems like a significant problem such as water leakage can be fixed with relatively inexpensive repairs.
Of course, you’ll eventually have to replace your roof at some point, but there’s no reason for spending the money now if you don’t have to. Repairing now allows you to begin setting aside money for when you’re going to replace it down the road.
Check For Warranties
Depending on when you purchased your home, there may be a warranty that’s attached to the roof from a previous replacement. If you don’t have this information, contact the previous owners and ask. Some roofs also come with manufacturer’s warranties, so be sure to check for that as well.
Depending on whether your roof has any warranty coverage will determine how much you have to spend to repair or replace it.
Get Plenty of Estimates
Just like when you’re shopping for a vehicle, it’s a good idea to shop around to try and get the best price. Most people have access to a variety of roofing contractors where they live, and you’re not doing anything wrong by getting estimates from all of them. Ask if they offer any warranties on their work and be careful of extremely low bids because that might indicate that you’re going to get substandard work.
Also, depending on how long you’ve lived in the neighborhood, you should ask your neighbors who they recommend to do the work. Chances are someone on your street had a roof replaced and will gladly point you in the right direction.
Check Out Financing Options
Because roof replacement can be so expensive, many of us don’t have that kind of cash laying around, and putting it on a credit card isn’t always the best option unless you have an amazing interest rate.
So, check out to see what financing options are available either through your bank or through the roofing manufacturer.
Of course, unless the roof is entirely shot, you’re probably better off doing a minor roof repair that’s going to buy you a year or two, and then begin budgeting so you can pay cash for that roof in a few years instead of having to finance and pay the extra fees.
Consider Alternate Materials
Just because your home came with an asphalt roof doesn’t mean you have to stick with that. True, asphalt is the most common and least expensive roofing material, which will save you money, but often there are incentives for going with a different material such as something more energy efficient. You may get tax breaks and breaks on your homeowner’s insurance depending on the material you choose. And, you may end up getting a roof that lasts longer, which means you’ll save money from not having to replace it more frequently.
Consider The Timing
Most people opt for putting roofs on in the summer or early fall, which is when the contractors are the busiest, which means you’ll pay more. If you time your roofing project for early spring or early winter, you’ll likely get a much better deal on the labor.
If you’re handy, and if you have the time, try doing some of the work yourself. Removing the old roofing material before your contractor begins work saves them time and saves you money on labor costs.
Any way you slice it, a new roof is going to be expensive, but with a little planning, a little education and consideration, you can get a price that’s easier to handle than if you went in blind and went with the first estimate you were given.