Preparing the budget is the hardest part of a roof replacement project and without proper planning, it’s something that is easy to lose track of. Exterior home remodeling services expert Enchantment Roofing shares some tips on how to prepare your roofing budget.
There is no such thing as planning too early. In fact, it is a good idea to start drafting a plan as soon as you’ve determined that your roof does require replacement. Early planning is ideal if you would rather save up for the upfront cost over loans and other types of financing. If you know your roof’s expected life span, then it would be easy to figure out how much you will need to save.
Consider the Materials, Styles and Colors
Take your roofing replacement project planning as an opportunity to explore different materials, styles, and colors. Explore the pros and cons of other roofing materials other than the one that’s currently in your roof, as well as other exterior upgrades such as gutters guard installation. Your choice of materials, styles and colors may result in a costlier project, but consider the lifetime cost.
Metal roofing, for instance, may have a higher upfront cost than typical asphalt shingle roofs. But considering that it has almost twice the life span and has lower maintenance requirements, you may end up saving money on an otherwise earlier replacement.
Have a Contingency Budget
Sometimes there will be roofing problems that will only have been revealed in the middle of the roof replacement project. Maybe there’s moisture damage between the underlayment and roof deck, or perhaps there’s wood rot on the rafters. Whatever it is, the project cannot proceed unless these problems are fixed. Often, such fixes are not included in the roofing budget and this is where having a contingency budget is ideal. Up to 20% of the contract price is often enough to cover such repairs and including this during planning can help keep your project from going over-budget.
To learn more about our roofing and stucco repair services, call Enchantment Roofing today at (505) 780-4616. You can also fill out our contact form to schedule a free estimate. We serve Santa Fe and Taos, NM.
Contact Enchantment Roofing & Construction
Let us provide you with a free estimate on our comprehensive services. Contact us by calling (505) 989-1790, or submit our online form.