One study finds that a new roof is a reasonable investment.
How much does a new roof.
The cost can be more for larger homes homes with complex roof designs or when installing more expensive materials.
Average new roof cost the average cost of a new roof is between 4 707 and 10 460 depending on the roof size and materials used.
The complexity of the roof.
The average cost of a new roof in the u s.
Some customers have also reported paying as much as 22 000 for a roof replacement and some companies charge as much as 25 000 for a new roof.
A new roof can increase home value but you might not see a 100 return on investment very few improvements if any offer a full recoup of money spent.
The national average cost to replace or install a roof is 6 771 and prices typically range from 4 700 to 9 200.
Asphalt roof costs from 3 600 to 10 800 on average while a metal roof costs between 8 000 to 24 000.
There are certain cities like denver that are higher than average at 9 000 and others that are below average like austin tx at 7 000.
The cost to replace the roof on most homes is 4 000 to 10 000 and most spend about 8 000.
How much does a new roof increase home value.
Many homes have an asphalt shingle roof but some have wood metal tile and slate which can be more expensive.
When old shingles are torn off new roofing paper starter shingles ridge vent and moisture barrier are installed.
However many factors can impact the cost you ll pay.
The more peaks valleys skylights and other obstacles the roof has the higher the installation cost will be.
Average roof replacement cost.
That new roof will increase the home s value by 15 427 on average.
Nationally the average homeowner spends about 8 041 to install a new roof and most spend within a range of 5 346 and 10 817.
This figure is for a roof on a 2 000 square foot ranch home.
Remodeling s 2019 cost vs.
Essentially something in the mid range around 3 per square foot offers the best value.
The cost breaks down to about 40 for materials and 60 in labor.
That works out to 68 percent of the investment.
Value report found that the average american homeowner spends 22 636 on a new asphalt shingle roof of midrange quality.
When it comes to cost vs.
However at the very cheapest end of the spectrum replacing the felt roof on a garage should only cost around 1 000 whereas replacing all the slate tiles on a large family home may cost as much as 12 000.
Value you re looking at between 2 40 to 3 75 per square foot.
Ranch homes for example are much easier to roof than tudor or victorian styles.
