No roofing project is the same, so the total cost won't be either. While there's no set price for a new roof, there are some details that can help you understand the average cost that you can expect.
How Much Does a New Roof in Denver Cost?
This is a difficult question to answer because there are several factors that go into the final cost of the project. From the size and materials to your timeline and more, there are some key things that you need to think about when paying for a new roof.
Do You Need to Replace Your Roof?
Before considering the cost of a new roof, you should check if you actually need one. You'd be surprised how many issues can be fixed with a few repairs. However, there will be times when a roof replacement is unavoidable. If you need help deciding if you need repairs or a replacement, check for these signs it's time for a new roof in Denver.
The Average Cost
As of the end of 2022, a new roof will run you between $5,400 to $19,800 on average. That's a wide range, as several things affect the final amount. The most important factor to consider is the type of roof you choose and the size of the project because materials and labor are going to be the most expensive parts of a roof replacement. But other factors, like permit fees, also influence the cost.
A new roof can be an expensive investment, but if you research and find a reputable contractor, you'll have no problem finding one who will work within your budget. If you need help figuring out how much you can spend on a new roofing system, here is how to set an appropriate budget.
How to Set Your Budget
Your budget is the ultimate guide to your roofing project. It informs the type of roof you can install and helps make sure you are not shocked by the final bill.
A good rule of thumb is to start with a comprehensive roof inspection. This will allow you to learn the full extent of the work that needs to be done, and a roofer can give you an estimate. That estimate is a great starting point for your budget. From there, it’s a good idea to gather a few different estimates to compare different contractors' quotes and determine which one fits best with your needs.
Just remember that suspiciously low estimates are often reflective of the quality of work, and paying less upfront often means you'll be paying more later on with extra repairs.
Factor in the Material Type
We've already mentioned the importance of roofing materials on the average cost, but now let's dive into that point more. The roofing industry has grown significantly over time and today there are essentially three main types of roofing products to choose from: metal, tile, and shingles.
Asphalt shingles are the most budget-friendly roofing product, but they tend to break easier than other materials. That means you'll save money on the initial cost, but will probably spend more on repairs over your new roof's lifespan. Metal and tile roofs are far more durable; however, the materials are more expensive and require more labor to install. Selecting the right materials for your new roof will depend on how much you're able to spend upfront.
The Size of Your Roof Makes a Difference
The next thing to consider when budgeting for a new roof is the size of your roof. Most roofing materials are sold by roofing squares (100 square feet total). It should come as no surprise that smaller roofs won't cost as much to replace as those at a large home. In addition to size, slope and pitch will also affect the total number of materials required.
Unfortunately, bad things do happen and some homeowners will unexpectedly need a roof replacement due to storm damage and other events outside of their control. However, many people can help offset the cost of a new roof with careful planning. Keeping tabs on how old your roof is and the amount of care you put into it can help make sure you aren't surprised when it comes time to replace it. If you know your roof is nearing the end of its lifespan or is deteriorating fast, start setting aside money for a new roof.
Need a New Roof in Denver? Start With an Inspection from Ethos
At Ethos, our team has been helping homeowners like you get the perfect roof for years. We'll fully inspect your roof for free to determine whether you need a replacement or if a few roof repairs are all that is needed to protect your home. If a replacement is the only option, our experts will recommend the right material based on your specific situation and respect your budget.