Preparing a Roof Replacement Budget

A roof replacement is a significant investment. However, with meticulous budgeting and careful planning, you can keep costs under control during your home improvement project.

Here are some budget-planning tips: 

Schedule a Roof Inspection

Do you really need a new roof or will repairs be enough to fix it? A roof replacement is usually only needed only in cases involving extensive roof damage. In general, the only way to tell if repairs or a replacement is needed is to consult professional residential and commercial roofing contractors

Another advantage of scheduling a comprehensive roof inspection before the start of construction is that it will allow your contractor to identify underlying roofing issues, which can increase the costs of a roof replacement and delay the project timeline. 

Here’s a tip: Ask your contractor about your roof’s remaining lifespan. As it nears the end of its lifespan, your roof will require more repairs. Individually, repairs might not seem like much, but at a certain point, getting a roof replacement begins to make more financial sense. As such, it might be more practical to replace your roof if it’s near the end of its estimated lifespan. 

Choose the Right Roofing Material 

You can maximize the returns on investment on a residential roof construction project by choosing a type of roofing material that can handle your area’s climate. Remember: There’s no such thing as a one-size-fits-all approach in home improvement projects. Before making a decision, you need to consider several factors unique to your neighborhood. 

Here’s a tip: It’s best to hire local contractors. Since they’re more familiar with local building codes and your neighborhood’s climate, they can make better recommendations. 

Balance Cost With Aesthetics 

In addition to serving as your home’s first line of defense against the elements, your roof also forms a large part of your home’s curb appeal. That’s why you need to make sure your new roof complements the rest of your exterior. For more exterior design tips, you can consult one of your local roofing contractors

Ask for an Estimate

Don’t forget to ask for an estimate from your roofer. An estimate will give you an idea of the material and labor costs of a roof replacement. Keep in mind, however, that estimates, as the name suggests, are just approximations. 

McGuire Roofing & Construction offers a wide range of professional roofing services. To get a free estimate, call us at (865) 338-7663 or fill out this form. We serve homeowners in Oak Ridge and Knoxville, as well as the surrounding TN communities. 

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