When it comes to maintaining the integrity and value of your Arizona home, a well-maintained roof is essential. Given the harsh sun, occasional monsoon, and intense heat, your roof is the first line of defense against the elements.
If your shingle roof were to fail today, what would you do?
Being prepared for major roofing damage that would require a full replacement is crucial. While asphalt shingle roofs are typically the most cost-effective, they can still be a costly expense. In this blog post, we are going to discuss the signs that your shingle roof needs replacement, break down the costs involved, and explore ways to finance a new roof.
Signs Your Shingle Roof Needs Replacement
- Age of the Roof: Asphalt shingle roofs can last between 15 to 30 years. If your roof is approaching or has surpassed this age range, it’s time to consider a replacement.
- Curling or Buckling Shingles: Shingles that are curling or buckling are a clear sign of weathering and can lead to leaks. This damage is often visible from the ground.
- Missing Shingles: Strong winds and storms can cause shingles to come loose. Missing shingles expose your roof to further damage and should be addressed promptly.
- Granules in Gutters: Asphalt shingles lose granules as they age. If you find granules accumulating in your gutters, it indicates that the shingles are deteriorating.
- Leaks and Water Damage: Water stains on your ceiling or walls are signs of a leaking roof. Multiple leaks or extensive water damage inside your home are red flags that you need a new roof.
Budgeting for a New Asphalt Shingle Roof
Asses Roof Size & Condition
Roof materials are sold by the square foot so assessing the size of the roof is an important first step. This will also be used to calculate the installation labor costs. Be sure to take into account the pitch of the roof, dormers, and any additions you may want to make while doing the roof. For example, now would be the perfect time to install a covered patio if you have considered adding one.
When measuring your roof, also take note of its condition, including other items that may not be a part of the roof, but will need to be replaced. Items such as roof vents, gutters, skylights, soffits, and fascia are all easier to replace when the roof is being replaced. Other materials that the cost should be taken into account are for the flashing and roof deck.
Calculate Installation Costs
There are three main factors that drive the cost of a new asphalt roof – the materials, labor, and other costs. Material costs will include all of the materials, including the asphalt shingles, which typically cost between $3 to $5 per square foot. Labor costs will vary by contractor, but are typically between $1.50 to $3 per square foot.
Other additional costs you should budget for in your new asphalt shingle roof include removal of the old roof, obtaining permits, and material disposal. For our example we are going to budget a range of $1,500 to $3,000, but speak with a local roofing company for their standard additional costs. Many homeowners do not plan for these other costs when planning for a new shingle roof and are often surprised when their estimate is higher than anticipated. Adding these in now will help you be prepared for the future.
Example Budget for a 2,000-square-foot roof:
- Materials: $6,000 to $10,000
- Labor: $3,000 to $6,000
- Additional Costs: $1,500 to $3,000
Total Estimated Cost: $10,500 to $19,000
**Always be sure to talk with your local roofing contractor for accurate pricing. These are estimates only.
Set Aside a Contingency Fund
Things happen and unexpected issues can arise during the roofing process. A standard is to set aside 10-15% of your total budget for the new roof as a contingency fund to help cover unforeseen expenses. It is better to be safe than sorry when it comes to your roof. Having additional funds available will help make sure your home is well protected.
Financing Options
Sometimes, damage happens when you are least expecting. If you have not fully budgeted for a roof replacement or do not have the full funds for one, you still have options to ensure your roof is taken care of. Below is a list of financing options you may want to look into:
- Home Equity Loans
- Personal Loans
- Credit Cards
- Government Programs
Your East Valley Asphalt Roofer
Budgeting for a new asphalt shingle roof involves understanding the signs of roof damage, calculating installation costs, and exploring financing options. By planning ahead and being proactive about roof maintenance, you can ensure your home remains protected and comfortable. For personalized advice and a detailed quote, contact our roofing experts today.
Craven Construction has provided the East Valley with professional asphalt shingle roofing services for over 20 years! Our team is highly skilled and qualified to manage your new shingle roof. We are also licensed and insured for your added peace of mind. Call our office to schedule your FREE estimate for a new roof today!