Tips on Budgeting for Your Roof Replacement Project

A roof replacement project can be a significant expense. Even if your bank account permits it, you should nonetheless plan carefully to avoid spending more than you’d like. To do so, follow these tips from the experts at Earl W. Johnston Roofing, LLC:

Be Honest With Yourself

First and foremost, be realistic about what you need, and how much you want to spend. Doing so should give you a sense of direction, allowing you to narrow your options. If you don’t know your limits, you’ll waste your time and energy and likely spend more than you wanted to on your roofing project.

Realize That the Material Sets the Tone

Roofing products come in a huge variety of materials with varying price points. Your choice of material will affect your budget in a major way. However, the biggest mistake property owners make is focusing solely on the short-term costs. All roofs, even the toughest ones, need some degree of maintenance, which requires money. Factor the long-term upkeep expenses of residential or commercial roofing products into your decision rather than solely considering the upfront cost of the material.

Prepare for the Unknown

Being ready for contingencies helps you avoid delays due to lack of funds. A good rule of thumb is to set aside 20% of your budget to absorb additional work that could come up unexpectedly.

Don’t Confuse Cheap With Cost-Effective

When hiring a commercial or residential roofing contractor, don’t let price alone influence your decision. Nine times out of ten, you’ll get what you pay for. Choosing the lowest bidder to reduce your initial costs might end up costing you more in the long run. Roofers that charge the least often have the least to offer, giving little value for your money.

Choosing a licensed, insured and certified roofer might increase your cost of labor to some extent, but it will be worth it. The intangibles that contractors with advanced credentials bring to the table, like access to powerful warranties, are always a good deal.

Get excellent results on your roof replacement project without making your budget a disaster. To discuss your needs, call Earl W. Johnston Roofing, LLC at (954) 989-7794. We look forward to helping you with your project in Hollywood or Ft Lauderdale, FL.