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Understanding Re-Roofing Costs: Budgeting for Your Home Upgrade

Posted on December 19, 2023

Understanding Re-Roofing Costs: Budgeting for Your Home Upgrade

Your home’s comfort and safety depend on having a well-maintained roof. Making sensible choices about roof maintenance requires homeowners to be aware of the costs involved in re-roofing. This blog post will go over the factors that affect roofing prices, the typical price of reshingling a roof, and money-saving advice for your roofing project.

How Much Does a Re-Roof Cost?

The average cost of reshingling a roof in Wisconsin varies based on the type of material used:

  • Asphalt Shingles: $3 to $5 per square foot
  • Cedar Shingles: $8 to $14 per square foot
  • Steel Shingles: $8 to $13 per square foot

The size of the roof, the difficulty of the work, and where you live are a few examples of the variables that may affect these prices. For instance, if you have a larger roof or choose to install premium materials, the cost will increase. The total cost to re-roof your home can vary from $6,000 to $21,000. 

The average cost of installing an asphalt shingle roof over an existing roof structure in Wisconsin is around $200 per 100 square feet.

The Need for Re-Roofing

A roof needs to be replaced when it becomes old, damaged, or is no longer energy efficient. Experts advise replacing an asphalt shingle roof after 20 to 25 years, which is their expected lifespan. If you notice issues like missing shingles, leaks, or worn out roofing materials, it’s probably time to replace your roof. Increased energy bills can also be caused by an outdated or damaged roof. Also, if other homes in the neighborhood are getting their roof replaced, it’s a clue that you may need a new one too.

To lower repair costs and the possibility of harm or property damage, homeowners should be proactive in looking for early indications of damage. Hiring a professional roofer to inspect your roof once a year is a smart idea if you want to spot tiny concerns before they become larger issues.

Re-Roofing

Factors Affecting the Cost to Re-Roof a House

The following are the main variables that can affect the price of a new roof:

1. Materials: 

The type of roofing material you select will determine how much it will cost altogether. Steel, tile, and asphalt shingles are examples of common materials.

2.  Labor: 

Contractors will charge different labor rates depending on their experience and certifications. The intricacy of the task and your location both affect labor costs.

3. Roof Size and Complexity: 

A large portion of the total cost is determined by the size and complexity of your roof. Generally speaking, larger roofs with more elaborate architecture will cost more.

4. Geographic Location: 

Since labor and material costs can differ based on the area, your home’s location will also affect the cost of a new roof.

5. Permits and Inspections: 

In certain places, re-roofing requires permits and inspections, which raises the total cost.

6. Disposal Fees: 

The cost of replacing an old roof might also increase due to the disposal of old roofing components.

7. Accessibility: 

Hard to reach roofs may need more labor and equipment, which raises the price of replacing them.

It’s crucial to take these things into account when creating a budget for a roofing project.

How to Calculate Your Re-Roofing Budget

Along with the factors listed above, here are some additional tips for calculating your re-roofing budget:

1. Check Your Current Roof: 

Determine if your roof can be repaired or if a full replacement is necessary. You can do this by hiring a professional to inspect your roof. Repairs are generally less expensive upfront, but a full replacement can be more cost effective if the damage is severe.

2. Get Quotes From Different Roofers:

Contact at least three roofers to give you prices. Make sure they’re qualified, licensed, and have good reviews. Ask for detailed estimates that include everything like materials, labor, disposal fees, and any extra services.

3. Breakdown the Costs: 

The cost of a new roof depends on things like roof size, materials, labor, and other components like underlayment and flashing. Knowing these factors helps you estimate the total price.

4. Set Extra Money Aside: 

Set aside extra money for anything unexpected that might come up during the project so you are not blindsided by additional costs. 

5. Think About Long Term Benefits: 

A sturdy roof can save you money over time by being energy-efficient and long lasting. While it’s important to stick to your budget, sometimes investing in a high quality roof is worth it in the long run.

Follow these steps, and you’ll be ready for the costs of a new roof.

Cost Saving Strategies

Here are some tips to lower the cost of your re-roofing project: 

  1. DIY If You Can: 

If you have experience with roofing and aren’t scared of heights, you can save money by doing some of the work yourself. But be safe and ask a professional if you need help.

  1. Get a Few Price Estimates: 

Ask different local contractors for prices and compare them.

  1. Check the Condition of the Roof: 

Look at your current roof to see what’s wrong and talk to the contractor about how much work needs to be done. Sometimes repairs can take care of the problem without the need for a full replacement.

  1. See if Your Insurance Can Help: 

Check if your insurance will cover a new roof.

  1. Pick Quality Materials: 

Choose materials that are durable and within your budget. Higher quality materials might cost more at first, but it can save money in the long run.

Re-Roofing Budget
  1. Think About Paying in Installments: 

If the cost is a problem, check out financing options. This could be through bank loans or payment plans from the contractor.

  1. Pick the Right Time: 

Plan to replace your roof when it’s not as busy and you might get a better deal. Look for discounts during times when not as many people are getting roof work done.

By using these ideas, you can lower the cost of your roof replacement while still making sure it’s good quality and long-lasting.

Conclusion

Preparing for a roof replacement can be daunting, but armed with the right information, you can handle it with confidence. Plan your budget carefully, obtain various quotes, and think about the long-term benefits. 

To sum it up, re-roofing is a significant cost, and understanding how it’s priced helps homeowners get ready for the project. Planning your budget can save you money and make your home upgrade a success.

Thinking About A Re-Roofing Project? We’ve Got You Covered!

If you are considering a re-roofing project in De Pere, WI, Prestige Roofing will make it easy for you. With more than 50 years of experience and countless completed projects under our belt, we can handle any roofing job, no matter the size or complexity.

Our goal is to help customers understand their roofing needs, whether they involve minor fixes or major roof modifications. To schedule a free roof inspection in Wisconsin and the surrounding areas, contact us at (920) 672-1026.