One of the best ways to fix your aging roof is through a roof replacement. A professional roofer will tear off the old roof and start anew. A new roof will last many decades, and most come with a limited lifetime guarantee. Unlike repairs, however, a roof replacement will not only fix the problem, but also increase the life expectancy of the entire structure.
The cost of roof replacement depends on several factors. The cost of removing an old roof may range from $1 to $5 per square foot, and some contractors charge up to $40 an hour for their services. In addition, you’ll have to pay extra for extras, like extra supports for heavier materials. In some cases, homeowners insurance covers roof replacement costs.
Materials make up approximately 40% of the overall cost. In some cases, materials can be replaced with no fuss. However, if the material needs to be replaced, you may need to pay a higher price per square foot. You can also take advantage of home equity to pay for a new roof. Applying for home equity can be a quick and easy process, and you can be prequalified in minutes.
A new roof will also save you money on energy bills, as it is more energy efficient. Proper installation will also extend the life of your HVAC system. Additionally, a new roof will prevent ice dams in the cold months. And, if you plan to resell your home in the future, a new roof will improve its value.
The roof replacement process includes removing old shingles, flashing, and valley flashing. This will make your roof water-resistant and waterproof. You should also install metal drip edging. Also, a roof replacement will require installing an ice barrier to prevent shingles from backing up due to melting ice.
If you are considering replacing your roof, you will need to decide whether you should replace the entire roof or just a section. While a partial replacement may be less expensive than a complete replacement, you will need to be careful about aesthetics. Whether you choose a partial or full replacement, it’s important to hire a professional roofing company. A good roofing company in Plano will provide you with the necessary tools and training to complete the project safely.
Your insurance policy will likely include coverage for a roof replacement. Typically, if you have a standard homeowners insurance policy, the policy will cover the cost of replacing your roof. The policy might exclude some specific perils, though. For example, if your house is in a windstorm-prone area, it may be excluded from coverage.