Budgeting is vital to the success of any roofing project. After all, nothing raises your blood pressure than overspending. To finance the job until the end without hurting your pocketbook, CMS Roofing shares some practical tips:
1. Know How Much Materials Cost
Materials account for a great portion of your budget. All roofing contractors agree that asphalt shingles are most affordable products on the market. They emulate slate tiles and wood shakes at a fraction of the cost.
Genuine slate is a traditional choice, but its steep price tag often keeps it out of the reach of most homeowners. Good news is, GAF’s TruSlate® makes authentic slate roofing more affordable. Furthermore, the price of metal roofs is somewhere in the middle of asphalt shingle and slate roofs.
As you list down the products you prefer, determine a realistic amount you’d be willing to spend, which would narrow down your options.
2. Include Labor into the Mix
Professional service comes with a price too. The cost usually varies on the proficiency of the roofer and the roofing system’s ease of installation. Never skimp on experience; you may get a lower bid from less experienced contractors, but you might get subpar workmanship in return.
3. Consider the Intangibles
Plan your budget with forethought. The best way to make a sensible roofing decision is to balance initial outlay and long-term savings. For example, if you have no plans to move to another home in the future, consider products with longer life span like slate and metal.
Factor in maintenance and energy efficiency too. Low life-cycle costs and energy bill reductions don’t just offer convenience and comfort, but also keep more dollars in your pocket over the long haul.
4. Set Aside a Contingency Fund
Reliable roofing companies recommend having at least a 5% contingency fund to cover unexpected expenses. Being ready to shoulder extra work avoids delays. Ideally, having the resources to absorb an additional 20% in unforeseen expenses could prevent stalling the project.
Let CMS Roofing help you budget for your roofing project in Columbia or Charleston, SC. Call us now at (877) 425-4121 for your FREE consultation and estimate.