How Much Does A New Roof Cost?

How Much Does A New Roof Cost?

A new roof cost includes much more than installation charges. There are hidden charges that one talks about.

Mostly, people only discuss the price of roofing material and installation charges. But there’s a lot more to it.

To help everyone who is looking for a new roof, we’ve done the cost breakdown. After reading this blog, you can tell whether the roof you want is within your budget.

How To Find The Cost Of A New Roof?

Roof is something that makes sure you are safe inside. An age-old, damaged roof is very dangerous. When your roof has seen it all and needs too many fixes, you know it’s time for a roof replacement.

New roof cost is affected by the following 5 factors:

  1. Roofing Material
  2. Type And Size Of Your Roof
  3. Labor Cost
  4. Manufacturer Warranty
  5. Financing

We’ve explained each factor in-depth in our next section.

Cost Breakdown Of A New Roof

Each one of these factors have an equal take in deciding the real roof cost. Go through it carefully to avoid any miscalculation.

1. Roofing Material

Residential and commercial roofs use different roofing materials and components.

Residential roof

There is a deck, underlayment, shingles or metal, flashing, gutters, siding, soffit, eaves, and more. The type of materials you use for each of them matters a lot.

  • Materials like metal and slate are stronger and more durable options than the popular asphalt shingles. These asphalt shingles last for about 20-25 years. With regular inspections and maintenance, you can easily extend the life of your shingles.
  • Apart from that, the most damage-prone parts of a roof are flashing, gutters, fascia, and soffit. If you don’t choose strong materials for these parts, you may need to replace them sooner. When that happens, it ultimately adds more to the new roof cost.
  • Fiber cement is a great choice for soffits and fascia. For gutters, go for galvanized steel. It means steel with a copper outer coating that makes it stronger.

Commercial roof

Commercial roofs differ from residential roofs in a lot of ways. You can see some major variations in materials, design, layout, installation technique and maintenance.

  • Usually, a commercial roof costs higher than a residential roof. This is due to their huge size, protection units, and labor cost.
  • Fiberglass and pitched roofs are quite sturdy and long-lasting. But with these roofs in place, you don’t have to call your roofing company anytime soon.
  • Good roofs keep your HVAC systems up and running. This helps to reduce the energy bill significantly.
  • According to the guidelines of Occupational Safety and Health Administration (OSHA), most employees are productive when the workplace temperature lies between 68 and 76 F.

If you live in cold or flood-prone areas, you’ll need some additional safety components in your roof. For example, ceiling joists, gutters guards, drainage membrane, reflective paint, additional gravel, and much more.

New Roof Cost New Roof Cost

2. Type And Size Of Your Roof

It’s obvious that a bigger home needs a bigger roof. This is the next big part of a new roof cost. Then comes the slope and design of your roof.

Roof pitch

It means how slanting your roof slope is. You can check the building code of your area for minimum pitch requirements. Roof pitch is important to slow off water and snow. If you want a higher roof pitch, the cost will vary accordingly.

Roof design

There are lots of roof styles you can choose from. For example pyramid, gable, mansard, gambrel, etc.- each having a unique purpose and nice curb appeal.

Roof valleys

Roof valleys are made to direct water downwards. They improve the drainage system of the roof. You can choose from open, closed, and woven valleys- all having different costs and benefits. Each valley adds to the cost because it needs more time and labor to build it.

In the same way, the type and number of vents, skylights, and exteriors pitch into the new roof cost.

3. Labor Cost

All contractors have different charges of labor and operation. The estimate depends on:

  • Installation cost
  • Transportation and docking costs
  • Licenses, warranty, and insurance costs
  • All kinds of Taxes
  • Expertise

Low labor costs can be tempting. But it’s also risky. You may have to deal with:

  • Poor quality of roofing materials
  • Installation faults
  • No warranties
  • Slow installation
  • Poor after-sales services

4. Manufacturer Warranty

A manufacturer’s warranty is one of the most important aspects of a new roof cost. It’s a valid guarantee about the durability, performance, and quality of their product.

There are two types of manufacturer warranties. A standard product warranty and an enhanced manufacturer warranty.

People mostly prefer enhanced warranty and for the right reasons. You get this when you buy all your roofing materials from the same manufacturer. With an enhanced warranty, if one material fails, the manufacturer may bear the full cost of your roof replacement.

The world’s leading manufacturers build powerful materials and offer great warranties. For example, Owens Corning, GAF, TYPAR, AZEK, etc.

5. Financing

It’s extremely important that your contractor assists you with roof loans and easy repayments. You have to choose your financing partner carefully. Otherwise, it will push up the cost of your roof.

  • Great financiers help reduce your stress and offer various payment methods.
  • They also cover roofs in their insurance policies.
  • You’ll get transparent terms and conditions with no hidden charges.
  • They won’t affect your credit score and equity.

You can discuss all these points with a roofing contractor. It’s always best to start off with a free consultation.

Go For A Free Consultation

At Champion Exteriors, our roofing champions are always here to guide you. We have been serving in South Jersey since 1936. You can reach out to us for a free estimate of a new roof cost.

We understand the value of your hard work, safety, and trust. That’s why we do our best to assist you in getting the right roof at the right cost. We are partners with the leading manufacturers and financiers in the roofing industry.

You can reach out to us at (609) 845-3576. Our roofing champions are available 24/7 to take your call.