How to Estimate Roofing Costs

Published January 5th, 2022 in Blog, Roofing Tips, Finance
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A new roof can be a hefty financial investment. However, it is also one that can extend the life of your home and protect you, as well as the possessions you cherish. It is likely that at some point in your homeownership, you will be faced with the task of replacing your roof as the typical roof lasts from 15 to 30 years. Once you’ve reached that conclusion, considering the cost will probably be the next thought that comes to your mind. It is important to note that replacing your roof when necessary will save you money in the long run.  Keep reading for a few tips on how to estimate roofing costs. Are you curious about financing options? Check out our resources on financing here!

Couple looking at specialty roofing options - Cenvar Roofing

How to Estimate Roofing Costs: 

According to Home Advisor, the typical price range to replace a roof is between $5,100 & $10,000, but can also go as low as $1200 or as high as $30,000. Some factors to consider include material, labor, and disposal costs, the roof’s surface area, the roof’s pitch, the complexity of the roof’s design, and overall accessibility. While this is not an exhaustive list of factors that determine the estimate of a roof cost, it is a great place to start. 

 

What is the Average Cost to Tear off & Replace a Roof?

The average cost to tear off and replace the roof of a 3 bedroom, 2 bathroom house with a walkable pitch, a small bit of architectural complexity, and using architectural shingles is around $12,000 to $15,000. 

 

What is the Cheapest Way to Replace a Roof? 

The best way to replace a roof on a budget is to find a reputable contractor. While a budget contractor may save you money upfront, you will likely find yourself dealing with more repairs in the future and are less likely to receive warrantied work. Cenvar is an Owens Corning Platinum Preferred Contractor and comes with the best warranties. 

 

Another method to save on roofing costs is to research the material options that are available to you; some materials are more affordable than others. While you may find that the most budget-friendly option for you is not what you would consider the most aesthetically pleasing, it can still get the job done and keep more money in your pocket. 

 

Always keep a line of communication open between yourself and the salesperson you are working with. Let them know your budget concerns and allow them to build a package for you based on what is in the best interest of you and your home. 

 

Can You Negotiate a Roof Estimate? 

 

While negotiating a roofing estimate might depend on certain factors including insurance claims and seasonal demands, it is possible. It is important to remember to complete negotiations prior to signing a contract. 

 

Some tips to consider: 

  • Ask for a better price
  • Get multiple bids – keep in mind that a lower price may not include the same services and warranties as a higher-priced bid. Compare what each company is able to offer before accepting a bid solely based on a lower price
  • Consult your insurance company 
  • Offer a higher down payment 

 

If your roof has come to the end of its lifespan, give Cenvar a call today or submit an online request. We would value the opportunity to give you an estimate on, and replacement of, the roof of your home. We recognize that your home is likely the biggest financial investment you will ever make and we want to ensure that your roofing needs are met while helping you stay within your budget. 

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