Everything You Should Know About Roof Replacement Finances

As a homeowner, it is important to understand the details of any and all renovations you plan to do. And, at some point in time, almost all homeowners find themselves replacing their roofs. Whether roofing materials simply wear out or sustain damage due to inclement weather, roof replacements are among the most common residential projects. 

 

This guide specifically addresses the finances of replacing your Carolina home’s roof. While some of the advice you see here might seem obvious, remember that a refresher is never a bad thing! Furthermore, sometimes the most seemingly apparent tips are the easiest to overlook when you begin budgeting for a remodeling job. 

 

Do the research first. 

 

Before you even begin planning your budget, it is a good idea to research various roofing materials and their going rates in the current market. This way, you’ll know the approximate minimum amount you have to save is for a new roof. Asphalt shingles are the least expensive – and most prevalent – roofing choice in the United States. 

 

There are, however, plenty of more expensive options available as well if you have to budget to afford them. These include metal roofs, which are known for their durability, attractive ceramic tiles, and, the most costly material of all, slate tiles that will last for over a century in many cases. 

 

Budget for both materials and labor. 

 

When it comes to ensuring you can pay for your new roof, it is important to budget for both materials and for labor costs. Depending on where you live and what time of year you have your roof installed, labor costs can vary greatly. Prices in urban areas like Charleston, SC or Charlotte, NC, for example, will be dramatically different than those in rural regions. 

 

Consider disposal costs. 

 

When shingles or any other roofing material are ripped off, they have to be disposed of. Some state and municipal regulations even require specific types of disposal. Before your roofing project officially gets underway, make sure you account for the cost of disposal. 

 

You might, for example, need to rent a dumpster or pay a professional to properly remove the materials. Disposal is especially crucial in cases when asbestos is present. It is wise to contact your local city hall to find out if your city or town has any specific rules about getting rid of asbestos products safely. 

 

Get an inspection. 

 

Before you have a new roof put on, it is imperative to have your old roof inspected by a reputable local professional. This way, you can find out exactly what needs to be replaced and ensure that there are no other glaring problems that should be addressed. If, for example, the flashing on your roof also requires replacement, your final bill is likely to be higher. 

 

If you are ready to get a free quote for your upcoming North Carolina or South Carolina roofing project, give the experts at Hatch Home a call today. We are here to help you every step of the way and look forward to helping you select the perfect roofing materials for your taste and budget. 

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Hatch is your partner for exterior remodeling.

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