A new roof will improve your protection against harsh elements and your home’s energy efficiency. However, it’s an investment that can involve significant costs.
Here are tips to help you plan a roof replacement budget.
Talk to Experts
A roofing professional can help you determine whether your roof needs to be repaired or completely replaced. After having your roof inspected, ask for an estimate. This step will give you an idea about the necessary work, materials and the duration of your project.
Obtain at least three estimates before hiring a company for your roof repair or replacement. Don’t choose a contractor just because they offer a low price. Hire a company that is fully licensed and insured, and can give detailed information about your project.
Know Your Options
You have to know the materials needed for the roof replacement. Asphalt shingles are one of the most cost-effective options in the market. You can also choose from concrete tiles, metal or cedar shake. Keep in mind that a big part of your project cost will depend on your material of choice.
Don’t forget to research the price of materials. This way, you’ll know what to expect from a contractor’s estimate.
Some recommend saving at least 1% of your home’s value every month for your new roof. Plan around two to three years ahead. It will give you time to save up for your project. Assess your expenses, and cancel services or subscriptions you don’t need.
Polar Builders Inc. is your leading provider of roofing, siding and window installation services. We are a GAF Master Elite® Certified roofing contractor. Choosing us means access to high-quality products and extended warranties. Call us at (952) 679-8144, or complete our online form to request a free estimate. We serve home and business owners in Burnsville, MN.