New roofs aren’t cheap. However, they are one of the most vital parts of your home. So, while you know you need a new roof, it’s often a frustrating expense.
How do you get the best deal on a new roof?
According to HomeAdvisor, the national average for replacing a roof is $7,000. Most homeowners will spend between $4,800 and $9,400. Not only do most homeowners not have that kind of cash lying around, but what makes the cost vary so widely?
Find the Best Deal on Your New Roof Based on Your Location
It’s all about your location, the materials you choose, and whether or not your house needs other work along with your roof replacement. However, you won’t really know what the cost might be until you do your homework:
- Find out about your warranty and
- Get an inspection
You may have the warranty information from the previous owners. If so, look to see if the current roof is still under warranty. If not, it may be worth it to make a call to the previous owners to find out anything you can.
There are three types of warranties for roofs out there:
- Material warranties
Material warranties cover the early breakdown of the material itself, but not the labor involved in replacing it. Most manufacturers do offer these warranties on their product and an inspector may be able to tell you which materials are on your roof to find out if they are still under warranty.
- Labor warranties
Labor warranties cover the labor required to fix defects in the roof, but not the materials themselves.
- Comprehensive warranties
Comprehensive warranties, also called “full system” warranties, are more inclusive. However, they won’t cover fire damage, floods, tornado damage or damage done by an owner’s failure to properly care for the roof.
In addition, a roof inspection will give you a comprehensive idea of what your roof needs and what it will cost. You can have your roof inspected by a roofing company as well, but an independent inspector isn’t trying to sell you any product.
An inspector should be able to tell you whether roof repair or total replacement is your best option. The thing you want to avoid is putting a Band-Aid over a gaping wound, so to speak.
If your roof is determined to be near the end of its natural life, you will be throwing money away on a fix when what’s needed is a total replacement.
Many roofing companies do offer 100% financing. Renovations Roofing & Remodeling, Inc. is one of them. The best option is to plan ahead for when your roof will need to be replaced so that you are ready.
However, it does cost a lot of money and not everyone has that kind of cash when it’s needed. A home equity loan is one option, as is government-backed financing through FHA Title I loans.
You can also look at state incentives in your area that are available when you choose energy-efficient roofing.
Quotes and Materials
Getting multiple quotes is the standard advice for making a big purchase for your home like a new roof, and it’s a good one. Any reputable company should be able to at least explain why – if their prices are a bit higher than the other company – the best deal isn’t always the cheapest price.
A reputable company should also be able to guide you toward the best materials for your long-term needs with your new roof. Don’t stick with a company who won’t talk to you about installing solar panels. Even if they think it’s not a good idea for your house, they should be able to say why.
Getting the best deal on your new roof does take some legwork on your part. Here at Renovations Roofing & Remodeling, Inc., we take pride in assisting you with that process. We want it to be as smooth and painless as possible!
If you live in Southeast Michigan, please give us a call. We’re here whenever you need us!
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