How Much does It Cost to Replace A Roof?

Is it about time to replace a roof? If you need to replace a roof you are probably wondering how much it’s going to cost. Having to replace a roof is one of the biggest home maintenance expenses a homeowner must deal with. The roof is one of the most important structures of your home, and it must be taken care of. Unfortunately, a roof doesn’t last forever. After about 20 or 25 years, it will be time to replace a roof. If your roof has suffered through particularly bad weather such as hail or windstorms you may need to replace a roof even sooner. 

According to some estimates, the average cost to replace a typical asphalt shingle roof with no skylights is about $21,000. That is a significant expense for most homeowners. Some roofs can cost much more to replace depending on the type of roof, materials, and the size and the complexity of the roof shape. The cost to replace a roof can vary widely. 

What factors are involved to replace a roof?

Most of the cost to replace a roof can be broken down into three categories: 

Roof materials: The materials to replace a roof are usually the first consideration. Materials include shingles, drip edge, underlayment, flashing and special protective coatings. All these materials add to the cost to replace a roof. 

Roofing labor: Labor costs are significant when it comes to replace a roof. Labor includes not only the cost to install a new roof, but also the cost to remove the old one. 

Old roof disposal: When you replace a roof part of the cost comes from having to dispose of the old roofing material. Your roofing contractor will include this cost in the estimate to replace a roof. 

Costs are also driven by the type of roofing materials used. Asphalt shingles represent an average cost, but if your roof is made of costlier materials such as tile or metal, you can expect to pay more to replace a roof. Also, your cost to replace a roof will be higher if you have a complicated roof shape with gables or skylights. 

How do you know when it’s time to replace a roof?

While no one wants to have to replace a roof, for many homeowners it becomes reality at some point. So how do you know when it’s time to replace your roof. There are some signs:

• Water leaks into the attic or other areas of the home
• Missing shingles or visible underlayment
• Shingles that are curling up at the edges
• Spots where there are no granules
• Shingles that appear brittle or have cracks

It may be tempting to put off roof repairs or replacement, but it’s best to replace a roof as soon as you notice damage. With time, the damage will only get worse and can lead to other costly repairs such as water damage from leaks. 

If it is time to replace a roof, there are some tips and tricks to make sure you get the best deal. 

Pick the slow season to replace a roof

If you can help it, try to control the timing of your roof replacement. Late Summer and early Fall are the busiest times for roofers so you may pay a premium. Schedule your roof work in the Spring or Winter if possible, to help get the best price. 

Get estimates when its time to replace a roof

As with any other type of home repair purchase, it pays to shop around when you’re getting ready to replace a roof. Get estimates from at least three different roofing companies. Go with the company that offers the highest quality for the best price. But don’t skimp. Make sure you select a roofing contractor that is licensed and insured. 

Check for insurance coverage to help replace a roof

Homeowners insurance may help if you need to replace a roof due to some type of covered loss. For example, if you suffered from hail damage or windstorm your insurance policy may have coverage to help you replace a roof. Keep in mind, if your roof damage is due to wear and tear, your insurance policy likely won’t cover to repair the damage. 

Check for a warranty if you need to replace a roof

If you have recently purchased a home and think you may need to replace a roof, you may want to see of the roof is under warranty. Most roofing companies supply some type of warranty on their work. If you don’t have the warranty information, ask the previous owner. There are typically three main types of warranties that can help if you need to replace a roof:

• Material only: Material only warranties focus on the materials used for repairs and can vary in the length of time they are active. These warranties can be helpful if you need to replace a roof due to a premature breakdown of the roofing material. You may still have to pay the cost of labor.
• Labor only warranties: Labor only warranties also cover the roof for any defects, but the warranty will only pay for the cost of labor to replace a roof.
• Full warranties: Full system or comprehensive warranties are the most complete types of warranty coverage. Still, even comprehensive warranties don’t cover everything. If the roof is damaged due to a maintenance problem or because some weather event, the warranty will not apply.

Financing can help when you replace a roof

If you need to replace a roof right away and can’t come up with the cash, consider your financing options. If possible, try to secure no interest financing. Depending on the roofing company you select, they may offer no interest financing to you. You can also seek financing through a personal loan or a credit card. If you don’t qualify for no interest financing, be sure to shop around for the best interest rate you can find. 

Plan for the expense to replace a roof

Replacing a roof is part of homeowner maintenance. It can be costly, but it is important. The best way to handle the cost to replace a roof is by saving for it. Knowing the life span of your roof and preparing yourself for the possibility of replacing it is the best way to handle the cost to replace a roof.