3 Budget Preparation Tips for Your Roof Replacement

Getting a roof replacement project started can be tough, especially since you have to prepare a budget for it. There have been instances in which homeowners decided to cut corners to expedite the whole process or have had to stop it completely due to a lack of funds. Remember that making the right preparations and working with a reputable roof replacement services provider can help ensure the project’s success.

Read on as we discuss three budget preparation tips to help get your roofing project on the right track.

1. Plan the Project Ahead of Time

Once you’ve determined that your roof is nearing the end of its lifespan, it’s a good idea to establish your plan to replace it as soon as possible. If it is still 10 years down the road, preparing the budget as early as now is okay. After all, it is a lot easier to save for it if you are looking to build your budget in small increments. If this isn’t possible, however, you can always take advantage of financing options to help you jumpstart the project.

2. Choose a New Roofing Material

Investing in a new roofing system is an opportunity to upgrade to a different material. Research the pros and cons of various roofing materials available in the market. Local roofing companies have online blogs where you can find good sources of information to help you make an informed decision. Asphalt shingles are still the go-to choice, but other roofing products like tile or slate tend to be heavier. Choosing either one would require decking modifications, which can cost you more.

3. Prepare a Contingency Budget

Part of preparing your roof replacement budget is setting aside some funds for contingencies on top of the estimated project cost. The contingency budget, which can be up to 20% of the quoted estimate, helps cover the unforeseen issues that might need to be addressed before the actual roof replacement can begin. Rotten decking is often uncovered when the pros remove the old roof covering.

Renovation Team is the leading asphalt shingle and vinyl siding installation contractor in the area. Get started with your exterior home improvement project today by calling (636) 939-1061 or filling out our contact form to request a free, no-obligation quote. We serve homeowners in St. Louis and Chesterfield, MO.