By CoMitted 365 | Jan 11, 2022


Replacing your roof doesn’t have to clean your bank account out, but it will take proper preparation and planning. Through utilizing trusted professionals, putting a strong emphasis on your personal budget, and keeping in mind the many benefits, you can make it happen.

A new roof increases your home value and provides a great return on investment. Although it might seem like a large undertaking upfront, when it comes time to resell value, you’ll be in a great position to make some money back, not to mention the elevated curb appeal. To help you find your footing and get your project started, we’ve put together a list of five budgeting tips that will make your roof replacement a reality.

1. Get an Inspection

Like any big project, it’s a good idea to have some sort of baseline or place to start. Getting an inspection from a licensed professional will help not only set your project in motion but will give you a heads up if there are any glaring issues that would prevent you from getting started.

An inspection will also set you up for success as you prepare to start a budget - are you going to need the entire roof replaced? Or are there only minor fixes required? This way, you aren’t under or over-preparing as you plan and save. Remember that when scheduling and completing an inspection with a licensed professional, this will need to be factored into your budget.

Depending on the last time your roof was replaced or repaired, there could be hidden fees in code-related upgrades needed to be compliant with city and state codes. Better to get an inspection now and save you a few extra zeros on your project bill.

2. Get a Quote

Now that the inspection is out of the way, it’s time to get down to business. Before you hand your credit card over or sign on the dotted line, you’ll want to do some shopping around - not all quotes are created equal. When requesting a quote, the most important information included will be specifics on roof type, materials to be used, timeline, breakdown of costs, and much more. Because there is so much detail and nuance, you’ll want everything in writing to refer back to when making a final decision. Getting multiple quotes is a good way to decide who you’d ultimately like to work with - the more details here, the better!

3. Consider Specific Costs

There are many factors that go into determining the ultimate cost of a roof replacement, and the list can get rather large. A couple of common considerations to make:

    • Size and pitch (or steepness) - the bigger the roof, the higher the bill. This shouldn’t come as a surprise.
    • Materials (asphalt, metal, wood, concrete) -
    • Permits - this is to make sure the work being done is up to code with city and state regulations. Definitely not a corner worth cutting!
    • Labor - prices will vary, but paying the people doing the heavy lifting will be a large part of your overall cost.
    • Location - places like FL will need roofs that can handle hurricanes. For MN? How about heavy snowfall and cold weather?

All of these different categories (and plenty more) will ideally be covered when you get a quote for your roof. However, use this list as a general rule of thumb when having conversations so that no stone is left unturned.  

4. Save, Save, Save!

This is probably pretty obvious, but there’s nothing better than facing a project head-on feeling prepared and ready. Creating a budget to help finance your roof replacement is a simple and efficient step in the planning process. Do you already have an emergency fund started for home costs? Tucking money away to later be used for home projects or unforeseen issues can never hurt.

Aim to also cut out unnecessary spending if time is of the essence. Any spending corners that can be cut will reduce the time needed to continue saving. If you don’t plan to pay for the roof replacement or repairs in full upfront, there are tons of resources available to make this process a breeze. Consider 0% APR credit cards or home repair loans - you’re able to compare options online and make a decision that is best for you and your wallet.

5. Consider Add-Ons

There are other home updates that compliment a new roof nicely - for instance, gutters, downspouts, or doors/windows. Once you’re finished with a brand new roof, don’t forget to ask your contractor whether or not they also offer complementary services to give your home that finishing touch. When budgeting for a roof replacement, sometimes the most cost-effective move includes not only the roof but gutter updates or downspout adjustments, as well. Keep this in mind when having conversations with inspectors and contractors.

It’s clear there is no shortage of factors to consider when thinking about whether a roof replacement is right for you. One thing is for certain, though, planning ahead will be in your best interest.

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Topics: Roof Repair | Expertise