Skip to main content

«  View All Posts

Roof Replacement /
pricing

What Drives the Cost of a Roof Replacement Up? Understand the Financial Factors

October , 2023 | 9 min. read

By Mitch Owens

roofer doing an inspection

If you're thinking about getting a new roof, you probably know it costs a lot. When you buy a roof, you're making sure your home is safe, sturdy, and looks good for a long time. So...The natural questions arise:

Why can the cost vary so much?

Are there hidden fees I should know about?

How can I be sure I'm getting quality installation?

How can I finance this big-ticket item?

Take a breath; you're in good hands.

With over 30 years of experience in the roofing industry, our family at RoofCrafters has seen it all. From budget-friendly installations to top-of-the-line premium roofing solutions. We understand the questions and concerns that cloud your mind, and we're here to clear the fog.

roofer installing GAF felt buster synthetic underlayment

this article will delve into the factors that drive the cost of a roof replacement up. We'll cover hidden fees, installation, and financing. Our aim is to equip you with the knowledge so that you can make a well-informed decision. Hopefully ensuring that your investment is both sound and valuable.

So let's lift the lid and take a closer look at what you're paying for in a roof replacement.

What Makes a New Roof More Expensive?

 

So you're thinking, "What can make my new roof cost more?" Good question! Many things can affect the price. From the type of materials you pick to the people who put them on your roof, lots of factors play a part. Below, we're going to discuss the 15 big things that can change how much you pay for your new roof. Keep reading to learn what they are so you can make smart choices!

  1. Material Choice: Higher-quality roofing or specialty materials like metal or high-end designer shingles are more expensive.
  2. Size of the Roof: A larger roof area will need more materials and labor, thus increasing the cost.
  3. Complexity and Pitch: Steeper and complex roof designs need extra time, labor, and safety measures, driving costs higher.
  4. Labor Costs: Rates can vary depending on your location and the expertise of the workforce. More experienced crews generally charge more.
  5. Removal of Old Roof: The condition of the existing roof can impact the cost. If old materials must be removed first, this will add labor and disposal costs.
  6. Underlayment and Sheathing: If the wooden structures beneath your shingles are damaged and need to be replaced, this can add to the cost.
  7. Permits and Inspections: Depending on your town the cost of permits and inspections can add to the project cost.
  8. Time of Year: Roofing during peak seasons may be more expensive due to higher demand for contractors.
  9. Extra Features: Chimneys and skylights will need special treatment and materials, adding to the cost.
  10. Location: Roof replacement in areas with a higher cost of living will generally be more expensive.
  11. Warranty: Opting for a more comprehensive warranty can also increase the upfront cost. Which can provide peace of mind and long-term savings.
  12. Unforeseen Issues: Once a project begins, issues such as rotten wood or structural problems may arise, increasing costs.
  13. Quality of Finishing Touches: Upgraded finishes like premium flashings can increase the costs.
  14. Inflation: Material and labor costs can rise over time due to inflation, affecting the budget.
  15. Accessibility: If your home is difficult to access, extra equipment or labor will be needed, driving up costs.

Watch Out for Hidden Fees!

 

Okay, let's get real. Nobody likes surprises when it comes to money, especially when you're already spending a lot on a new roof. So what are hidden fees? They're extra costs that might not be in your first written price quote. Things like removing your old roof or special permits can sneak into the final bill. We're going to break down these sneaky costs so you can ask the right questions and know exactly what you're paying for. Be ready; some of these might surprise you!

  1. Wood Replacement
  2. Permit Fees
  3. Waste Disposal
  4. Structural Damage
  5. Removing Old Roof
  6. Flashing Issues
  7. Delivery Charges
  8. Code Upgrades
  9. Inspection Fees
  10. Taxes or Administration Fees

New call-to-action

Ensuring a Quality Roof Installation: What You Need to Know

 

So, you want a new roof that's going to last, right? Well, a roof is only as good as the people who put it on. The most important day of your roof is the day it gets installed! Here's the inside scoop on how to make sure you're getting the best team for the job.

The Importance of Hiring a Certified and Licensed Contractor

RoofCrafters supervisor inspecting crews work

First things first, you have to make sure the person hammering on your roof is actually allowed to be up there. Hiring a certified and licensed contractor ensures that you're working with someone who knows their stuff. Think of it like choosing a doctor; you wouldn't trust just anyone with your health, would you? A licensed contractor follows safety rules and building codes, so you won't have headaches down the road.

What Qualifications and Certifications to Look for in a Roofing Company

image of the google search bar

Okay, so how do you know if a roofing company is the real deal? When searching for roofing professionals, consider their qualifications. Such as certifications from reputable manufacturers and membership in roofing industry groups. These badges of honor tell you that the company knows what they're doing and that they've got the paper to prove it. It's like seeing a trophy shelf; you know they're winners.

What Questions to Ask a Potential Contractor to Gauge Their Level of Expertise

insightful lightbulb drawn on a post-it note pinned to a corkboard

Before you shake hands and seal the deal, there are some key questions you should throw their way. Ask about their experience, previous projects, and if they have any customer testimonials. Don't forget to inquire about warranties, both for materials and workmanship. These questions can help you know what to expect, like reading the chapter summary of a book before starting the chapter.

By keeping these tips in mind, you'll have a solid foundation (or roof!) for making a smart decision about who's the best fit for your roofing job. We've also put together a hiring checklist to help you choose the best contractor.

New call-to-action

Making Your Roof Investment a Wise One: The Lowdown on Financing Options

 

When you're putting this much cash into something, you want to know how you can pay without going broke. Financing is usually the way to go if you can't pay all at once. So what are the options, and what should you look out for?

Understanding Financing Terms

Magnify glass, model home, and piggy bank sitting on blueprints on a table

When you finance your roof, you're basically borrowing money to pay for it. This comes with interest, which is the extra money you pay back on top of the loan. Make sure you know the interest rate and how long you have to pay back the loan. The lower the interest rate and the shorter the loan term, the less you end up paying in the long run.

Choosing a Financing Option that Suits Your Budget

paper money house built with hundred dollar bills

Not all financing options are made equal. Some have higher interest rates but offer more flexibility, while others are more strict but come with lower rates. Think about what you can afford every month and choose an option that won't have you breaking the piggy bank.

The Role of Credit Scores in Financing

Guy sitting on a stack of giant coins reading a book, learning how to protect his money

Your credit score is like your report card for how well you've managed money in the past. The better your score, the better your financing options will be. So before you go applying for loans, make sure you know your credit score and what it means for your financing options.

When it comes to financing your new roof, knowledge is power. The more you know, the better choices you can make. So there you have it, folks, the insider tips on getting a quality roof without paying through the nose.

Image call to action, use the pricing calculator to estimate the cost of your roof replacement

Wrapping It Up: Your Guide to a Cost-Smart Roof Replacement

 

You looked at how much it costs to replace a roof. We hope we cleared up some confusing things for you. Now you know how to make a smart investment. Understand what drives it and avoid hidden fees. Plus, you can ensure quality installation.

RoofCrafters is here to help educate you to make important decisions. We love sharing our 30 years of experience. May your new roof not only shelter you but also provide peace of mind for years to come.

New call-to-action

Mitch Owens

My name is Mitch, and I have over 10 years of roofing experience. I enjoy my career in the service industry because I love helping others take care of their homes and businesses. With over 10 years in the roofing industry, my success comes from my honesty and integrity during my roof inspections. I do my best to listen to the needs of my clients and strive to provide an awesome client experience.