In fact it could be more than what you can afford in one payment.
How much did you pay for a new roof.
Data compiled by popular home improvement websites found that replacing a shingle roof in florida costs 12 500 on average.
That is a significant amount of money.
A variation on this scam involves your insurance company.
If your roof was damaged by a storm your homeowners insurance should help you pay for the repairs.
That means exploring other options when it comes time to pay for a new roof.
The average cost of a new roof is between 4 707 and 10 460 depending on the roof size and materials used.
Some may just ask for the full payment at the end of the job.
Or 450 per square to replace an asphalt shingle roof on a typical single family house.
Expect to pay several thousand dollars for your new roof.
But while the high end of the typical price range is about 10 000 a new roof made of top of the line materials can cost as much as 30 000 or even 100 000.
The average price range for a roof replacement can run from 260 to 700 per square foot depending on the roofing material used.
A typical roof replacement quote will normally include the removal and disposal of up to two layers of old shingles.
Lendingtree allows you to compare custom rates all without affecting your credit.
The complexity of the roof.
The national average total cost of removing and replacing a roof is about 7 300 says homeadvisor.
Most americans don t have anywhere near that amount in savings.
For instance if you have an older roof most likely ten years or more depending again on your policy and the type of roof it is your insurance company may only pay out a percentage or portion of your roof repair or replacement cost since the overall value of your roof would have depreciated over the years.
Someone might be able to help you out for as low as 150 to 350 per.
Asphalt roof costs from 3 600 to 10 800 on average while a metal roof costs between 8 000 to 24 000.
Ranch homes for example are much easier to roof than tudor or victorian styles.
In this case the scammer gets you to sign over or cash the insurance cheque as the deposit.
The more peaks valleys skylights and other obstacles the roof has the higher the installation cost will be.
According to home advisor it costs an average of 7 336 to replace a roof.
Then once you ve paid them this amount they ll disappear without doing the work.
Thus at the mid point of the above price range you can expect to pay about 4 50 per sq.
Without that kind of money in the bank you ll need to use other financing options to cover a roof replacement cost.