How Much Does A New Roof

That works out to 68 percent of the investment.

How much does a new roof. How much does a new roof increase home value. When it comes to cost vs. Some customers have also reported paying as much as 22 000 for a roof replacement and some companies charge as much as 25 000 for a new roof. Do it yourself materials to install an asphalt shingle roof on an average one story ranch style home with a gently sloping roof of 1 700 2 100 square feet can run 680 3 700 depending on the quality of the materials.

However at the very cheapest end of the spectrum replacing the felt roof on a garage should only cost around 1 000 whereas replacing all the slate tiles on a large family home may cost as much as 12 000. The cost can be more for larger homes homes with complex roof designs or when installing more expensive materials. This figure is for a roof on a 2 000 square foot ranch home. The complexity of the roof.

A new roof can increase home value but you might not see a 100 return on investment very few improvements if any offer a full recoup of money spent. Value you re looking at between 2 40 to 3 75 per square foot. The more peaks valleys skylights and other obstacles the roof has the higher the installation cost will be. The national average cost to replace or install a roof is 6 771 and prices typically range from 4 700 to 9 200.

One study finds that a new roof is a reasonable investment. There are certain cities like denver that are higher than average at 9 000 and others that are below average like austin tx at 7 000. Value report found that the average american homeowner spends 22 636 on a new asphalt shingle roof of midrange quality. Average roof replacement cost.

However many factors can impact the cost you ll pay. The cost to replace the roof on most homes is 4 000 to 10 000 and most spend about 8 000. Average new roof cost the average cost of a new roof is between 4 707 and 10 460 depending on the roof size and materials used. The average cost of a new roof in the u s.

Nationally the average homeowner spends about 8 041 to install a new roof and most spend within a range of 5 346 and 10 817. The cost breaks down to about 40 for materials and 60 in labor. Many homes have an asphalt shingle roof but some have wood metal tile and slate which can be more expensive. That new roof will increase the home s value by 15 427 on average.

When old shingles are torn off new roofing paper starter shingles ridge vent and moisture barrier are installed. Ranch homes for example are much easier to roof than tudor or victorian styles. Remodeling s 2019 cost vs. But even if you don t see a huge financial return a new roof can make you more likely to get full asking price lower time on market and.