The average lifespan of a new roof is between 30 and 100 years, so it may need some repairs or a replacement, especially if you are considering selling your home. According to Roofing by Elite, when calculating your roof replacement costs, you should consider the costs of shingles, nails, underlayment, the ice and water barrier, starter shingles, ventilation roof flashing, and drip edge.
How Much Does a New Roof Cost?
According to Forbes, the national average cost to replace an existing roof is around $8,000, while most homeowners typically spend in the range of $5,500 to $11,000. A new roof can cost as low as $1,200 or as high as $30,000, depending on the material costs per square foot. The average roof size in the United States is about 1,700 square feet.
Factors Affecting Roofing Cost Per Square Foot
Your roofing labor quote may increase or decrease based on different factors. Those factors include:
The extent of roof damage
If your roof has rotting underneath the shingles, the roofing contractor may need more time or equipment to ensure their safety. In this case, the costs may increase or even double.
Environmental conditions
Harsh conditions such as extreme heat or cold may increase the price you pay for the roof, especially if the roofing company needs to use protective gear.
Removal of old material
If your existing roof has more than one layer of singles due to previous repairs, they need to be removed when replacing the roof. Therefore, this will also be reflected in the labor cost.
Materials
It is estimated that about 60% of the cost is for the roofing labor, while the remaining 40% covers the cost of materials needed. The material cost can range between $100 to $1,000 per 100 square feet.
How Much Does It Cost to Reshingle a Roof?
When it is time to reshingle a roof, the national average cost is about $7,200. However, the reshingle costs depend on shingle material, roof size, and geographic location. The material costs range as follows; note that a square is 100 square feet:
- Asphalt three-tab shingles – $150 to $200 per square
- Architectural asphalt shingles – $450 to $700+ per square
- Stainless steel shingles – about $600 per square
- Stone/slate – about $900 per square
- Copper – $1100 or more per square
Why Should I Hire a Roof Contractor?
When things go wrong with your roof, it is crucial to seek help from a roofing contractor right away. Unaddressed issues may lead to rotting underneath the shingles or water damage. These can also affect your house’s ceiling, leading to extensive and significant damage inside your home, causing a dangerous situation for you and your family.
Replacing an existing roof is, without a doubt, some of the most considerable expenses you may face as a homeowner. But it is an investment that keeps your home safe and in good shape for many years to come. If you are comfortable with a minor roof repair, you can do it yourself. Nonetheless, suppose you face more extensive restoration, such as water damage. In that case, you should seek help from a roofing contractor to ensure your roof is repaired or replaced correctly.
