Putting a new roof on your home can be a big undertaking. You need to find a contractor, decide what type of roofing material to use, and find out when they are available to complete the roofing project. Finally, once you have made all of these decisions, you need to find out how much it is going to cost you, and how you are going to pay to complete the job. If you are like most people, you probably don’t have a huge savings account, ready to pay thousands for a brand new roof.
With all of these things in mind, it is understandable that a new roofing project could be a little intimidating. That being said, there are many ways that you can save hundreds if not thousands on your upcoming roof removal and installation. It will require more work on your end, but the savings will be significant and you will be glad that you did. Let us walk you through five ways you can save money on your upcoming roofing project.
Do Your Research
One of the best things that you can do before your roofing project is to do research about what kind of roof you need. There is a wide array of roofing materials you can choose from and their prices vary significantly. If you want to be very economical, you could buy some simple metal panels from a home supply store. If you want to spend much more money you can buy slate shingles or wooden cedar shingles.
You can get better warranties and a longer lasting roof with some of the more expensive types of roofing. However, some roofs are more decorative and will cost more money because of the aesthetics. You can save a lot of money by going with a simpler but effective roofing material. By doing your research you can let your roofing contractor know what you want so they don’t try to upsell you on something you need. You can also ask them for multiple quotes based on different types of roofing materials, and choose the one that best fits your budget. You’ll be surprised to see the savings you can achieve based on the material you choose.
This is another form of research you should do. It’s always a good idea to get more than one opinion or estimate when it comes to an expensive home project. It can be very easy especially if you can give the roofer the pitch, size, and material of the roof. Many of them could probably give you an estimate over the phone or by email and you’ll save them a special trip to come to your home. By getting multiple prices from different roofers you can feel confident that you are getting a good price. You’ll know what an industry standard is for your size of job. Plus some contractors may price match. Check out this roofing calculator to find out the area of your roof.
Remember that the lowest price is not always the best way to go. Make sure you check online to see how their reputation is and what other customers have said. If you feel like they are a good company and they give a good price, then you are in the clear.
Check With Your Homeowners Insurance
Often, your roof will be damaged by things outside of your control like extreme weather. Before you check with a roofer, find out what your homeowner’s insurance will cover for your project. They may cover some or most of your roofing job. If you fail to check your policy you may be leaving a lot of money on the table. Be sure to check in with your provider before you move forward.
Don’t finance with a Credit Card
If you do not have sufficient funds to pay for everything upfront, look into the different payment options available to you. Luckily some contractors offer financing to customers at very reasonable rates. If you are paying with a credit card you could spend hundreds or more just for interest on the loan. Do your research and find out what type of financing works best for you. Find out what banks and loan companies charge in interest and consider looking at credit card options but be very careful.
Do Some of the Labor Yourself
Since roofing is a technical trade and requires licensing, we recommend having a trained professional to do the work. That being said there are non-skilled parts of the project that you can do like the removal of the old materials or the cleanup of debris on the ground. By doing so your contractor will likely give you a discount on the work performed. Remember to use all the necessary safety equipment when working on top of your roof.
By following these steps you are sure to save substantial money on your upcoming roofing project. It is a big project but you’ll be well prepared.