Factors Into The Cost Of Roofing

Roof repairs or replacements can be a major investment in your home.  Understanding what impacts roofing prices can help you determine how to best plan your roofing project.  

Here are some factors to consider that will determine the cost of your new roof:

• Scope of work.
• Permit costs.
• Material costs.
• Labor costs.
• Waste removal.
• Margins and overhead.
• Insurance.

Scope Of Work

There are several things we must consider when planning for a roof repair or replacement job.  Things like:

• The sizes and shape of your roof.
• How far off the ground is the roof.
• How steep is the roof.
• Special features (like transition points, ventilation, or decorations).
• Or unforeseen complexities will impact what the repair or replacement costs would be. 

We must also consider work that is pending completion.  Will you be doing:

• A full replacement?
• Re-shingling over the existing roof?
• Patching or repairing a specific area?
• Or repairing a hole in the roof? 

For example, let’s look at a basic 1,000 square foot ranch house with a low-pitch roof. This property will be getting a new shingle installation over the existing roof. This scenario would see a significantly lower cost than a 4,500 square foot 3 story home with high pitched roofs and multiple peaks.  At Davis Roofing & Construction, we can help you identify the right scope of work for your needs. Our team of roofing professionals will provide you with roofing prices to show you the options you have for your repair needs.

Permit Costs

Communities and counties have rule and regulations that set standards for construction projects.  To ensure that these are met, they require permits and inspections.  These costs are not avoidable, and if you try to skip them, you can face several consequences. This includes, financial penalties that would far exceed the costs of the permits themselves.  Using a trusted company like Davis Roofing & Construction can give you the peace of mind that your permits will be handled properly.  While you can try to obtain them yourself, having your contractor take care them would mean that the correct permits would be provided for your specific job.  We are experts and handle these needs regularly, where a homeowner may only seek permits a couple times in the life of their home.

Roofings Costs for Materials

Materials have a huge impact on roofing prices.  As you have seen in recent years, prices of everything has gone up noticeably, that includes the materials needed for roofing projects.  Companies cannot absorb the higher costs themselves, which unfortunately means that homeowners will see the higher prices on their end.  You can work with your contractor to see what options you may have for different materials.  Depending on where you live, an asphalt shingle roof is usually cheaper than a steel roof.  It is important to work with your contractor to determine the best materials for your needs and your budget.

Labor Costs

It goes without saying, but businesses need to pay their workers.  The costs must be factored into the budget for the work to be completed.  There are 2 main factors that must be considered for a contractor when it comes to charging for their work.  The cost per hour they need to pay our for the labor, and the number of hours that labor needs to be on the job site.  These factors are considered when applying them you your project.  

Waste Removal:

A home renovation project,  like a Buffalo Grove roofing replacement, comes with a lot of waste.  Your normal garbage pickup can’t handle the volume, and possible the materials that need to be disposed of.  To handle the volume, your contractor will provide a dumpster, which will need to be transported to and from the site.  Jobs that involve dangerous material (like Asbestos) will also require special disposal requirements.

Margins and Overhead:

It should go without saying, but construction companies are for profit companies and need to make money.  There are also additional expenses, like office staff, rent, vehicles, and equipment costs that need to be factored into the costs of doing business.  While you are not paying for all of theses costs when having your roof repaired or replaced, a portion of these costs will be factored into your project.  

Insurance: 

If you have the right kind of homeowners insurance for your roofing repair or replacement, you can see significant costs savings for the job itself.  You would need to factor in your premium and deductible costs, but an insurance provider can help offset your out of pocket expenses when it comes time to replace your roof.  It is important to work with your insurance provider and the contractor to understand what is covered and what would be out of scope of your insurance to know what expenses you may see.

Choosing Your Contractor:

Using the right roofing replacement contractor will help you budget the job properly.  Working with the right company up front can ensure you get the right quote upfront, minimize surprise expenses, and reduce the risk of issues that could result in costly issues that may require second visits or the need to hire another contractor.  If you are in the Chicagoland area, and would like a quote for your roofing project, contact Davis Roofing Companies for a quote today.