Going with the cheapest option may be sound financial advice in many cases. But when it’s time to replace your roof, you have to ditch that plan. A roof is a costly but essential need, and you can’t afford to make the wrong decision either by paying too much or paying too little. This article will give you an estimate of what you should expect to pay if you replace your roof in 2024.
What’s the average cost of roofing in 2024?
If you live in a typical 2,000 sq. ft. single-story house, you should expect to pay between $11,000 and $21,000 ($5.50-$10.50 per sqft.) for a new asphalt shingle roof. This price range will cover everything, including the cost of removing the old roof (no more than two layers), permit fees, installation, disposal fee (for the old roof and waste materials), and the workmanship warranty. The average installation costs for common roof systems in 2024 are:
- Clay Tiles — $30,000 to $50,500
- Concrete Tiles — $30,000 to $50,500
- Natural Slate — $35,000 to $65,500
- Standing Seam — $25,000 to $55,500
- Aluminum Shingles — $25,000 to $50,500
- Steel Shingles — $25,000 to $50,500
- Wood Shingles — $18,000 to $30,500
- TPO or PVC Membrane — $18,000 to $50,500
- EPDM Rubber — $8,000 to $15,500
- 50-year Shingles — $11,000 to $22,500
- 30-year Shingles — $10,000 to $18,500
These are estimates based on the national average. Keep in mind, there are several factors that will determine the final cost of replacing your roof. These factors mostly include, but aren’t limited to, the following:
- The size of your roof
- Architectural design
- Number of stories
- The roof material
- The underlayment chosen
- The complexity of the installation
- The difficulty of removing and disposing the old roof
- Guaranties offered by the contractor
- The company carrying out the project
How do contractors determine the cost of a roof replacement?
The first step in your relationship with a roofing contractor is the consultation session. During this consultation, the contractor will determine your installation needs and go over your options. At the end of this process, you’ll receive an estimate for the project. The typical breakdown for a roof estimate includes the following:
- Roof size — A steeper roof slope translates to more surface area.
- Roof slope — Roofs with steeper slopes are more dangerous to work on compared to flat roofs.
- Complexity — Simple roofs are cheaper than options with multiple add-ons and level changes.
- Building materials — This covers all the important materials needed to replace your roof. They include nails, staples, calk, roof deck materials, etc.
- Ventilation options — Ventilation is important when it comes to expanding the lifespan of a roof. Proper ventilation will make your roof more energy-efficient.
- Type of roof material to be installed — Options include slate shingles, steel shingles, asphalt shingles, etc. Here’s more on the best roof materials you can use in Florida.
- Debris and waste removal — Roof materials such as asphalt shingles are treated as hazardous waste and must be disposed of in the approved manner.
- Number of existing layers — You can install a new roof over existing shingles, but it’s always best to remove the old layers for a new installation. If there are more than two layers of shingles to be removed, the price will most certainly increase.
- Underlayment accessories — These are important elements in any roofing system as they are the best protection against roof leaks.
With this breakdown, you should have a clearer understanding of where your money is going in a roof replacement project. But, none of this will matter if you choose an unreliable roofer.
How to Choose a Reliable Roofing Contractor
Finding a roofer you can trust when looking to replace your roof can be a challenge. You have to find a roofer that doesn’t charge extortionate prices while delivering high-quality installations. You’ll also want to avoid rogue installers who will rip you off or make the project more expensive than it should be. Here are some tips to guide you in choosing a reliable roofing contractor:
- Get recommendations from online reviews and your family and friends.
- Weed through the list of possible options by finding out the following:
- Can they handle a project like yours?
- Is there a list of past clients you can verify?
- Do they have the right references from suppliers and banks?
- Will they combine working on your project with another? If yes, how do they intend to finish your project by the agreed deadline?
- Run further background checks on the company with a quick search online. If they have ripped off anyone in the past, it is highly likely that you will find a complaint.
- Ask questions about the benefits of different roofing materials as well as warranty details.
- Ensure the contractor is adequately licensed and insured. Also, confirm they don’t use undocumented immigrants as workers.
- Seek clarification for all items in the quote you’ll receive. Ensure all the important bases have been covered, including the price, project duration, debris removal responsibility, etc.
- Ignore all quotes that are way below the average estimates for the specific roof installation. If the quote is too good to be true, there are hidden details that may haunt you during or shortly after replacing your roof. Choosing a contractor solely off how much money you’ll save will likely cost even more money in the future.
Replace Your Roof in 2024 Conclusion
To replace your roof in 2024, you should expect to pay between $8,000 and $50,000 depending on several variables such as the size of your roof, the difficulty of the installation process, and your chosen roofing materials. However, it’s important to pay attention to your choice of contractor.
The cheapest solution isn’t always the best. When comparing quotes from multiple contractors, don’t forget to find out the exact constituents of the estimates you have received. It’s the only way to ensure you are comparing apples to apples. Do you want a reputable contractor in Florida to replace your roof? Get in touch with us here at Code Engineered Systems. We offer financing options for roof replacement projects. Call us today on (813) 373-9088 to get started.