The roof of your house is, without a doubt, a multi-purpose asset that if cared for right, will last you for years to come. A high-performing roof comes with many benefits. It stands as the barrier between your home interior and the outside, acting as your first line of defense against naturally-existing external forces that are out to tamper with your routine life.
The functions of a roof involve much more than just “weather-proofing” your home. It also protects you from unauthorized entry on top of protecting all your valuables. A roof that’s in solid shape even helps you cut down on your costs of daily living without you knowing. For one, its self-regulatory cooling effect works to boost the energy-efficiency of your HVAC system, lowering energy use. You’re also saved from spending on days’ worth of home maintenance and repairs because your roof does its job to prevent your home’s interior and building from getting damaged to begin with.
As much as it works to benefit you in a variety of ways, your roof is still undeniably among the most high-maintenance features of your property. If you live in a zone that frequently experiences harsh weather as is the case for the climate of Florida, you’re going to be spending twice as more time and money on roof maintenance and repairs. Damaged shingles, missing flashings, or a failing underlayment—there’s so much that can go wrong with your roofing system.
To add to your worries, once your roof has run its due course, it will no longer be able to hold its own and function the way it used to. It can take decades before your roof is damaged to such an extent, because most roofing materials have a lifespan of over 20 years. But when it does happen, you’re left with little choice other than getting a complete roof replacement.
A new roof installation can put a dent on your budget. The investment will return up to 60% of its value via resale, but that’s for when you decide to put your property on the market. On average, Americans spend around $8,000 on roof replacement in the year 2022, with the range itself being $5,500 at the lowest and $11,000 at the highest price.
Why Does Roof Replacement Cost That Much?
Several factors influence the cost of a new roof installation, and we’re going to break them down for you.
The Square Foot of Your Home: Depending on the roofing material, one square foot of your new roof can cost you anywhere from $100 to $1,000. The larger the square footing of your home, the larger the size of your roof and the higher the costs. The price for the roofing material alone usually accounts for around 40% of the total roof installation cost.
Labor: Your contractors are going to charge you per square foot of roof installation. The current average cost per square foot is between $1.50 and $3.00.
All these pricing schemes might seem overwhelming and realistically speaking; they do actually cost you an arm and a leg, but don’t let them sway your decision to hire roof installation services. A new roof is a great investment, plus you’ve got multiple hacks at your disposal that help you lower the overall costs. Let’s check them out!
1. Timing Matters
Scheduling the time frame of your roof replacement right is one way to cut down on the costs of the project. Roofing companies tend to be the busiest in late summer and fall, and so their rates might be a little higher than usual. These seasons are popular for roofing work because the weather is more forgiving, and contractors have to deal with neither the scorching sun nor the bitter winter cold.
As an alternative, try going for a new roof project during the spring or winter seasons for a reasonably priced service. If you’re lucky, you might also be able to avail off-season discounts.
2. An Early Roof Replacement
An old roof that’s in a deplorable condition might drive up the cost of labor. If the damage to your roof is extensive and you’ve got wood rotting underneath the layers of shingles, the job of getting a new roof installed becomes twice as hard. Your contractors might not only have to work overtime, but they’ll also need to take additional safety measures like bringing in more safety equipment to protect themselves in the event of a roof collapse.
To keep costs for labor down, try initiating a roof replacement project a few years prior to the expected ending point of your roof’s life. Every roofing material has its own life expectancy, so you’ll need to research how long your roof is supposed to last and get it replaced a couple of years beforehand. Doing so ensures that your roofing system is still in a good enough condition for an easy and cost-effective replacement.
3. Insurance Coverage
Your homeowner’s insurance in Floridamay help you manage the high price for a roof replacement. The policy typically covers damage to your home that weren’t caused by neglect, so you can instead file a claim for natural wear-and-tear such as one caused by storm damage.
Carefully read your insurance policy and follow all the procedures listed before filing your claim. To prepare for the inspection beforehand, you can also document evidence by taking pictures of the areas where your roof’s damaged for future reference.
At Certified Pro Roofing, our residential roofing services feature roof repairs, roof inspection, and roof installation in Pensacola, Florida. Our team of contractors consists of trained professionals who possess a certificate of competency that allows them to expertly handle any roof replacement project. Give us a call now!