Getting a new roof is a good investment because this material protects your home from structural damage brought by water leaks and other elements. Deciding whether to repair or replace the material is a tough call, but the latter will give you peace of mind.
The cost of getting a new roof varies, and there are underlying factors that can add up to the overall price tag. Read on to find out the cost of getting a new roof.
What Is a New Roof?
Tearing off an old roof down to the deck is called roof replacement. Installing a new roof requires professional assistance because it involves climbing to the top and carrying heavy shingles one by one. The service includes demolition of the old material, waste disposal, assembly of new layers, and clean-up.
Depending on your budget for the material and the size of your home, the cost of roof replacement can go as high as $30,000 for concrete tiles or clay tiles, but the average cost is around $5,000 to $15,000.
Average Cost of a New Roof Worldwide
In the United States, the average cost of getting a new roof ranges from $7,000 for three-tab asphalt shingles to $50,000 for clay tiles. In Canada, asphalt roofs start at $4,750 and go up to around $11,000. Meanwhile, in the UK, complete renovation of the entire roof ranges from £4,300 to £12,000.
The cost of roof replacement in Australia is between $6,000 and $20,000, while in New Zealand, the cost for this service can range from $50 to $70 per square meter. Price varies by location because of the availability of the materials and labor.
New Roof Cost Breakdown
For new roof installation, the price comes with supplies, protective elements as layers, removal of waste, labor, and shingles. Some service providers only provide labor and materials for their service, so it’s important to check with the provider.
Factors Affecting the Cost of a New Roof
One of the reasons why the price for installing a new roof varies is because of variation in the type of material a customer prefers. Clay tiles and premium asphalt are expensive types of shingles. Check with the service provider to know what materials come with their estimated quote of service.
In addition to materials, the size of the roof is also a factor in determining the cost of the new roof. This is why some companies charge per square foot.
Additional Costs Associated with a New Roof
In most cases, flashing and underlayment are already part of the roof installation process. However, it is better to check with the service provider just to be ready for extra fees you could incur. Not every company charges the same way, and some people will try to scam you. Underlayment generally costs around $61 per square meter, while flashing acts as an add-on as protection to water leaks.
Conclusion
Getting a new roof should be a priority because it will protect your home from the stubborn weather, whether intense sunlight, rain, snow, and other unexpected damages. By investing in quality materials and systems, you can rest easy knowing that the roof over your head will withstand the test of time. Set aside a budget of about $5,000 to $15,000 for the labor, materials, and other additional costs.
