The cost of a new roof is on the rise, and it's not likely to go down anytime soon. In this article, we'll explore why prices are increasing and what you can expect when it comes to replacing your roof. We'll also discuss the average cost of roof replacement, the benefits of metal roofs, and why you should always hire a professional roofer. The Bill Ragan Roofing team has been helping homeowners in Nashville and Central Tennessee with their roofing needs since 1990.
We understand that replacing your roof can be a daunting task, so we want to provide you with all the information you need to make an informed decision.
Why Are Roof Prices Increasing?There are several factors that contribute to the rising cost of roofing materials. One of the main reasons is the increasing cost of oil, which affects both manufacturers and roofers. Fuel transportation costs have increased by 26%, which means that roofers have to charge more for their services.
In addition, the cost of building materials has also gone up. Your roof is a combination of both roofing materials and building materials, so this only increases the price even more.
Average Cost of Roof ReplacementThe average cost of tearing out and replacing your roof is between 20-40%. This will vary depending on the size of your home and the accessibility of the roof.
Generally speaking, a 1,000-square-foot home has a roof of approximately 1,054 square feet, including the slope and cantilever. If there are limited access points or parts that need to be repaired or replaced, then you can expect to pay more for the work. It's also important to note that if you need subsequent roof replacements, metal roofs become an even better financial decision.
Why You Should Hire a Professional RooferWhile you may be able to repair occasional leaks on your own, it's not recommended to replace the roof yourself.
Professional roofers have substantial training and also have safety equipment to work on steep roofs. They will also know how to comply with local building codes and will already have all the necessary tools. Your first suspicion may be that the roofing company you contacted is only trying to trick you or that their prices are unfair. We understand this suspicion; there are certainly some shady roofers who will try to take advantage of you. However, larger roofing companies may not increase their prices right away because they can reduce the cost difference in the short term to keep their prices competitive.
ConclusionThe cost of replacing your roof is on the rise due to increasing oil costs and building materials prices.
The average cost of tearing out and replacing your roof is between 20-40%, but this will vary depending on the size of your home and accessibility of the roof. It's important to always hire a professional roofer for any major repairs or replacements as they have substantial training and safety equipment.