Do you need to install a new roof on your home? If the answer is yes, then the first thing that you must find out is how much it costs to install a new roof. A new roof is an investment in your home, and it is often one of the more expensive home maintenance projects that homeowners go through. The national average cost to install a new roof is between $8000-$1000, but there are many factors that can impact the price of installing a new roof.
The experts at Nick’s Roofing and Siding have years of experience installing new roofs in Chicago, IL. We have written this blog to help you learn more about the cost to install a new roof and the factors that can affect the price. Below we will talk about some of the most popular roofing materials, and we will discuss some other factors that can affect the price you will pay for your roofing system.
Types Of Roofing Materials (With Their Cost)
When you are having a new roof installed on your home, one of the first things you will need to consider is which type of roofing material is best for your situation. The choice of roofing material will influence how your house looks, and it will have a major impact on the cost of your project
There are a variety of roofing materials available on the market, and each of the materials has its own pros and cons that you will need to consider. Below we have listed some of the most popular roofing materials that you can install, along with how much they will cost you:
Asphalt Shingles
Asphalt roof shingles have been around for hundreds of years, and many homeowners still use them today because they’re inexpensive and easy to install. The only downside is that they don’t last very long, and you will need to replace the shingles every 15-20 years.
However, certain architectural and luxury shingles from top manufacturers such as CertainTeed and GAF can last up to 30 years if they are installed correctly and properly maintained.
Installing an asphalt shingle roof can cost you around $8,500 – $24,500 for a 2000 square feet home, depending on the quality of the shingles. Here is the breakdown:
- 3 Tab Asphalt Shingles: $1.5 – $3 per square foot
- Dimensional Shingles Cost:$4 – $5 per square foot
- Luxury Shingles Cost: $5 – $7 per square foot
Metal Roofs
Metal roofs are popular because they are durable and long-lasting. A well maintained metal roof generally lasts up to 50 years before needing to be replaced. They are easy to install, and they can be painted or coated in a variety of colors. However, some metal roofs can rust over time if they are not properly maintained. Metals like aluminum are affordable, while premium choices such as copper roofs can be significantly more expensive.
Here are the average costs of some of the metal roofing systems. (cost per square foot)
- Steel Shingles: $4-$6
- Aluminum: $4-$6
- Stainless Steel: $9-$12
- Copper Tile: $15-$30
Cedar Shake Roofs
Cedar shakes are one of the most beautiful roofing materials that you can use on your roof. These roof shingles or shakes are made from natural cedar wood, and they have a rustic appearance.
They can last longer than regular roof shingles, and they offer good protection from severe weather conditions. Wood shingles are perfect for a home with historical significance or when you want a traditional look for your property. Cedar shake roofs can cost around $4.5 – $9, according to HomeAdvisor.
Slate Roofs
Slate roofs are considered a premium roofing material, and they are one of the best available today. A Slate roof is made of natural slate tiles, and they have been used for centuries because they’re durable enough to withstand severe weather conditions like snow storms or hurricanes without cracking or breaking apart. They are among the most durable roofing materials available.
It is one of the most expensive roofing materials and can cost you around $20,000-$22,000 for a 2000 square feet home. The price per square foot can range between $12-$24.
Other Factors Affecting New Roof Cost
The choice of roofing material is an important factor that will determine the cost of installing your new roof, but it is not the only one. The final cost can vary depending on the following factors:
Size Of The Roof
Outside of the roofing material you choose, the size of your roof will have the biggest impact on the cost to install a new roof. There is always a direct relationship between the size of your roof and the cost to replace it.
The larger your roof’s area, the more material will be needed to cover it. High square footage can lead to higher material costs, especially if you need to use a heavier-duty product (like metal instead of asphalt shingles) for extra protection from wind and snow damage.
Additionally, installing a larger roof takes more time — so labor costs will also go up. To get an accurate estimate for the cost of a new roof, you must know the area of your roof in square feet.
Labor Costs
According to the experts, labor costs can account for up to 50% of the total new roof installation cost. Labor costs will be different based on the roofing company you choose to install your new roof. While some roofing companies charge by the hour or by the square foot, a few have a flat rate. At Nick’s Roofing and Siding, we have a highly professional team with years of experience working with various types of roofing materials. Our team is also licensed and insured.
Location
The location of your home will play a significant role in the cost of installing a new roof. The cost to install a new roof can go up or down depending on the city or state you live in. For example, the average new roof cost in Illinois is $8000. This may be different for another state, say California.
It is important to note that each area’s labor rate varies significantly, which could affect your budget by up to 50%. The cost of materials also differs greatly depending on where you live, but several factors will impact material costs regardless of where you reside.
Roof Accessibility and Other Specifications
Apart from the area, other roof characteristics, such as the roof’s pitch, accessibility, and style, also affect the cost.
The higher the pitch, the more expensive a new roof will be because of the more material and risk involved. In addition, the harder your home is to access, the more you will have to pay your roofing contractor.
As you can see, there are a lot of factors that go into calculating the final cost of your new roof. The good news is that now you know what those factors are and can make an informed decision when comparing different estimates from different contractors.
Want To Install The Best Roofing System?
You must choose a contractor with experience and expertise to install a new roof. Nick’s Roofing and Siding is one of the best roofing companies in Chicago, and our team has years of experience installing new roofs. We take pride in our work, and we install both standard and premium roofing materials. Our team can also install high-quality roofs from leading manufacturers such as DaVinci Roofscapes. Contact us to schedule a free roof inspection today!
