With the average home value increasing by more than $12,000 after a new roof is installed, it is important to know if the investment in your roof will offer a favorable return on investment. There is good news; the ROI on a new roof is usually positive. The roofing material that you choose will greatly affect the valuation of your home. While quality is not always directly correlated with cost, in many instances it is. Your roof is no different. If you desire a roofing material that will last for 100 years, is durable and visually appealing,then you must be prepared for the financial investment required. Conversely, homeowners that are comfortable with having a sturdy, reliable roof that will last for 20 years or more can expect to incur less costs. Below, we have offered a few cost comparisons of roofing materials as well as how long you can expect each to last.
Comparing the Most Popular Types Of Roofing Material
A roof replacement can cost anywhere from $6,000 to more than $25,000. Installation is the largest contributor to the price; roofing material comes in a close second regarding cost. When you are searching for roofing contractors in Indianapolis, it is recommended that you get a free estimate and make your final decision based off of service, quality, and material. Listed below, you can find more in depth information about the costs of the most popular roofing materials.
- Asphalt Shingles: This material is the most affordable roofing material per square. It is reliable and lasts for 10 to 15 years.
- Metal Roofing: Often considered the “happy medium” it is more expensive than asphalt Metal roofs can last from 40 to 100 years.
- Slate: Most consider slate to be a premium roofing material, but they last for 50 to more than 150 years.
It is important to note that a square is equal to 100 square feet. In addition, the average size of a home roof in the United States is 1,700 square feet. When you are choosing the best roofing material for your home, be sure to consider quality and return on investment in addition to cost.
Budgeting For Your New Roof
Going through the process of having your roof replaced can be stressful at times. Before you contact any roofing contractors in Indianapolis, ensure that you are clear on what your budget is. The goal would be for you to get a roof that is slightly under your max budget to create a buffer for any potential repairs needed before the work can begin. Since a new roof has a great effect on the overall valuation of your home, it is important to consider the short and long term financial consequences of the roofing material that you choose. Some materials will not only increase the value of your home, they will decrease your energy costs and require less maintenance.
Searching For Roofing Contractors in Indianapolis?
When you begin your search for a reputable roofing contractor it is important to consider a number of factors: the quality of materials they use, their experience with your specific roof type and requested materials, in addition to their references, communication and reviews. It’s recommended that you get multiple estimates. However it is not advised to choose on cost alone. Your roof protects everything in your house and plays an important role. At Jackson Contracting, we are dedicated to providing excellent service and have the reviews and references to prove it. If you are interested in learning about the costs of any particular roofing material, give our experts a call today.
Other Useful Articles
- FAQ about Roof Installation
- Is a Slate Roof the Right Choice for You?
- What Is Covered Under a Roof Warranty
- Factors that Can Shorten the Lifespan of Your Roof
- What Should be Included in a Roofing Estimate
- Insurance Company Requirements for Roof Replacement
- How To Spot a Roofing Scam
- Most Durable Roof Designs
- Roof Repair vs Roof Replacement