Home improvement projects can be stressful, time-consuming and expensive and a roof repair or replacement is no exception. With proper planning, you can reduce your stress and make the process a bit more enjoyable. Here are a few tips that might help keep your spending in check.

Planning

Take the time to research and consider your options. Whether you’re looking at different colour possibilities and types of roofing material or planning to change your roofline, consider your options carefully. With the exception of an emergency, there is no reason to rush and proper research will give you a rough idea of what the overall project might cost.

Budgeting

Go into the project having a general idea of what you would like to spend on a new roof, and it’s important to be realistic. Whether you plan to pay cash or finance the project, make sure you know how you plan to pay and have the funds ready before the project starts. Most roofing companies offer financing that can help and some banks even offer incentives for energy-saving home improvement projects.

Choosing Materials

There are a few considerations when selecting the right roofing materials. The slope of your roof, the style of your home, what type of material you prefer: asphalt, metal, rubber. In the end, it comes down to your personal preferences and your estimated budget.

A professional roofing company can help determine what options will work best for your roof slope and what is available in a certain price range. When considering your options, weigh the long-term benefits of your roofing choices against the cost of each as some products will have a higher return on investment. For example, a rubber roof might cost a bit more upfront but it is much more durable than asphalt and will last considerably longer.

Expect The Unexpected

Some renovations can end up costing a bit more than planned due to unexpected issues that can arise. Put aside a small contingency fund in case of emergencies or unexpected expenses, such as water damage or structural issues with your existing roofing system. These issues are not typically discovered until the project begins and the old roofing material is removed.

Avoid Last-Minute Changes

The chances are, the estimate provided by your roofing contractor will be roughly what you pay in the end unless you change the scope of work. Making changes while the roofing project is underway is the best way to blow your budget. Ideally, the only changes that need to be made during a roof replacement are repairs to any damage that wasn’t discovered until the project began.

This planning can make a real difference in terms of the success of your project and your ability to keep within your budget.

To learn more about how we help you keep your roofing project within budget, contact us at 604.254.4663 or info@penfoldsroofing.com