The average cost to replace an asphalt shingle roof in North America is just under $21,000. Depending on the kind of roofing material you have, where you are in the world, what time of year it is, and a number of other factors, a roof may cost a lot less or a lot more. For those of us looking to keep costs as low as possible, here are 6 ways you can save money on a roof replacement.
Do Your Research Based Off a ‘Roofing Square’
Every roof is different. Before talking to a roofing contractor, know the materials you want installed. This will help keep estimates simple and allow you to compare multiple. The term ‘roofing square’ is somewhat key in getting proper estimates.
A roofing square is 100 square feet of roofing materials. When you’re talking with a roofing contractor, also note whether installation and disposal fees are included in their estimate.
Talk with Multiple Roofers
Always get at least a few quotes from different roofing companies. Check local references and online reviews. Be doubtful of any bids that are extremely low. This could indicate low quality work. Also, ask about warranties on materials and installation. Ensure they are properly licensed and insured.
Schedule to Replace Your Roof in the Winter or Spring
Roofing companies are the busiest in the late summer months and in the fall. Scheduling in the off-season during winter and spring can help save a few bucks. It may give you some room to negotiate a better price or there may be off-season discounts some roofers are willing to offer.
Contact Your Insurance Company
Homeowners insurance sometimes covers roof damage not caused by neglect. If some sort of natural event, such as a hailstorm, knocks some shingles loose, you may be able to have your insurer pay part of the replacement cost.
Consider an Overlay
An overlay is the installation of new shingles over the existing ones. This way, the old roofing does not need to be removed in addition to it costing less and requiring fewer labor hours. That said, they can void or shorten a manufacturer’s warranty on materials so be careful with this. It may also increase future replacement costs when multiple layers will need to be removed the next time around.
Roof replacement comes at a significant cost so any opportunity to save money, while maintaining safety, should be taken. By shopping around, scheduling a replacement during the off-season and using homeowners insurance to pay for some of it, you can save a few bucks here and there.