How Much Does A Roof Replacement Cost?
Table of Contents
- What's The Average Cost To Tear-Off and Replace A Roof
- How Do I Estimate The Cost Of My New Roof?
- How Much Does It Cost To Replace A Roof On A 2500 Square Foot House?
- Other Factors Affecting Replacement Cost
- Does Insurance Pay For A New Roof
- Can I Replace My Roof Myself?
- Is Replacing Your Roof A Good Investment?
- Choose The Best Locally Operated and Family Owned Roof Replacement Company In Ohio
Is it time to replace your old roof?
Maybe you've noticed leaks, the last thunderstorm took a few shingles with it, or maybe it's just old.
No matter what the reason, you are probably wondering what it's going to cost you to get it replaced.
It might seem like a pretty straightforward process, but there are countless factors that can influence your costs.
Aside from the roofing material you choose to use, additional items and supplies like nails, ventilation, flashing, and labor will all add to the roof replacement cost.
In the article below, we will break down the average cost to replace a roof.
What's The Average Cost To Tear-off and Replace A Roof?
The average cost of a roof installation will vary quite a bit.
The typical range is somewhere between $5,100 and $10,000, but again, these prices can vary a lot.
A replacement could be as low as $1,200 or as high as $30,000.
With that said, on average, most roofing companies will charge somewhere between $3.50 and $5.50 per square foot, or $350 to $550 per square (100 square feet) to install or replace an asphalt shingle roof.
So you can expect the average cost of a roof installation to be about $4.50 per square foot or $450 per square to replace an asphalt shingle roof on your average single-family house.
Typical roof replacements will be quoted including the removal and disposal of up to two layers of old shingles.
Your quote should also include a roofer installing new underlayment, chimney re-flashing, and ice-and-water shield at the eaves and valleys of the roof as your local building code requires them.
Many quotes will also include a 5 or 10-year workmanship warranty.
Keep in mind that every market is different, but companies in the same market can still charge different prices.
That’s why you should get at least a few quotes from reputable roofers in your area and know what they include in their quote.
How Do I Estimate The Cost Of My New Roof?
If you want to get an idea of what it might cost to replace your entire roof before you call the experts in, there are a few things you need to take into account.
First, you need to consider the size and shape of your roof.
If your roof has a steep pitch or multiple levels, the price of replacement will be higher than flat roofs or one with a lower slope.
The size of your roof also affects the roof replacement cost. The more square feet you have to cover, the more it'll cost to replace it.
Another major factor affecting your cost is the roofing materials you decide to use.
Just about 75% of homes in the U.S. choose asphalt shingles.
Asphalt shingles are typically the most affordable shingle type to use.
If you decide to use other roofing materials like metal roofing, concrete tile, shay tile, cedar shakes, slate shingles, or another premium roofing material, your costs will go up.
How Much Does It Cost To Replace A Roof On A 2500 Square Foot House?
As an example, let's figure out how much it could cost to replace a roof on a 2500 square foot house.
Your replacement cost depends primarily on two things: the company that installs it and the material you choose to use.
If you choose asphalt shingles, usually the most cost-effective roofing solution, the roof costs can range from $11,250 to $18,750.
That's assuming that the cost range is from $4.50, which is about average, to $7.50 per sq. ft. for the top end.
And the prices will go up from there.
For example, here are the costs of other popular materials:
- Slate shingles: $800 – $4,000 per 100 square feet
- Tile shingles: $500 – $4,000 per 100 square feet
- Metal roofs: $500 – $1,800 per 100 square feet
After paying for materials, you have to add in other expenses roofing contractors will charge for like labor costs and the cost of materials needed for the roof installation.
Other Factors Affecting Replacement Cost
There are other factors that will affect the cost of your roofing project that is often overlooked.
For example, water damage can add substantial costs to your project.
And unfortunately, water damage often isn't noticed until the roofers have removed your old roof.
And if you were just doing a repair, water damage can change a repair to a complete replacement.
Having chimneys or skylights will also influence the cost of your project.
Because the roofers have to work around them, it will increase the cost.
Does Insurance Pay For A New Roof?
There are a few factors that will decide whether or not insurance will pay for your replacement.
The biggest factor is if your roof was damaged due to severe weather.
If you have missing shingles or hail damage due to a recent storm, there's a good chance your insurance company will cover your costs.
But if your entire roof wasn't damaged, they are unlikely to cover replacement costs and just pay for repairs.
This is when it becomes important to contact the top roofing contractor in your area.
They'll walk you through the process and communicate with the insurance company about what needs to be done.
You should always have a knowledgeable roofer on your side as you deal with your insurance company.
Insurance companies will always want to pay out as little as possible to cover the repairs or replacement, but your roofing contractor will ensure that your insurance company pays what's necessary to complete the repairs.
You also need to have your roof inspected immediately after the storm.
If you wait too long, your insurance company may say that the damage was caused by other factors like neglect or age, and they won't cover the cost of the replacement or repair.
If your damage isn't due to a storm or a similar event, like a tree falling on it, it's unlikely that insurance will cover it.
Can I Replace My Roof Myself?
Many do-it-yourself homeowners wonder if they can lower the cost of a replacement by doing it themselves.
It is never recommended to take on the challenge of replacing a roof unless you are a trained roofer with years of experience.
If you're inexperienced or you've watched some "how-to" YouTube videos, and you start tearing off shingles, you'll likely end up doing more damage and spending more money than you would have if you hired a professional in the first place.
There are also several safety concerns involved when it comes to working on a roof.
If you've never done it before, you could end up seriously injured.
When you hire a local roofing company, you're getting professionals with the experience necessary and can back up their work with a warranty.
This will save you time, money, and stress.
Is Replacing Your Roof a Good Investment?
Although the upfront cost may seem steep, this is still a great investment.
Your replacement typically lasts around 20-30 years, and it can increase your home's value by $10,000 - $20,000.
If you're worried about covering the upfront costs, there are various options that could help ease your financial burden.
As we said earlier, your homeowner's insurance may cover the cost of a new roof if it was damaged in a storm.
If your insurance won't cover your costs, but you don't have the full payment upfront, you may need to look into getting a loan, or some roofing companies will set up a payment plan.
Choose The Best Locally Operated and Family Owned Roof Replacement Company In Ohio
TK Roofing and Gutters has been serving the communities of Northeast Ohio for over 15 years.
Whether you need repairs, a full replacement, or help handling an insurance claim due to storm damage, the roofers at TK can help give you peace of mind and make sure your job is done the right way the first time.
If you'd like to speak to a roofing company that will deliver a quality roof installation and even better customer service, contact TK Roofing and Gutters today.
At TK Roofing and Gutters, we try to make every roof replacement as stress-free as possible for the homeowners by maintaining high standards of cleanliness and organization.
To speak with TK Roofing and Gutters to Get Your Free Estimate, click the button below.
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