A roof replacement can cost a significant amount of money. Even if you opt for a fairly economical option such as asphalt shingles, it may still put a strain on your finances if not planned for properly. Creating a good budget can help make a roof replacement more manageable financially and will make you feel more in control of the situation.
In this article, trusted roof installer Expert Contracting shares how to set a proper budget for your roof replacement project.
Get a Detailed Quote
As a general rule, you should speak to at least three different contractors to get an accurate idea of how much the project will cost. Select the company that you feel works best for you but be wary of overly low bids as this may an indicator of poor workmanship or materials.
Explore All Payment Options
A roof repair or replacement is a costly endeavor and not all homeowners have the ability to pay for a full-on replacement with cash upfront. Luckily, there are several payment options available such as home equity loans, company financing, and credit cards. Be sure to weigh the pros and cons of each option and select the best one that works for you.
Set Aside a Budget for Unexpected Problems
Once you have a good idea of how much your new roof will cost, it is a good rule of thumb to take 10% of that amount and set it aside for unexpected problems. While rare, it is not completely unheard of for a roofing project to hit a few road bumps, such as delays due to inclement weather or other unforeseen issues.
Expert Contracting is one of the most trusted roofing companies in New York. Turn to us for all your roofing needs and we will do our very best to make sure that you stay within your budget. If you live in or around Williamsville, NY, be sure to give us a call at (716) 508-3700 or fill out our contact form to get in touch with one of our skilled experts today.