How Much Should a Brand New Roof Cost?

As a homeowner, it’s important to have a basic understanding of new roof costs. While we’d like to not have to worry about it, eventually your roof will fail. If it’s taken care of quickly, you’ll save yourself from larger issues and costs down the road. That being said, it’s important you understand the few simple factors of a new roof price.

Roof Pricing Factors

• A. Roofing Materials Prices
  • Asphalt shingles usually cost between $3 and $7/sq ft installed. This comes to $6,000 to $14,000 for your average shingle roof.
  • Metal roofing comes in a bit more expensive at $5 to $16/sq ft installed, but can cost $20-$40 for premium metals. Basic metals would cost between $10,000 and $32,000 depending on the roof size and metal type
• B. Roof Size and Complexity
  • The size and complexity of your roof (ie. pitch, dormers) can impact labor costs because of the increased time required.
• C. Labor Costs
  • It’s important to remember different areas will have different rates. If you live in a high demand area for new roofs, it might cost a bit more to install a new roof.
  • Installation challenges, like difficult access or unexpected repairs, can raise costs.
• D. Additional Costs
  • Removal of the old roof should be included in your estimation.
  • There may be additional costs for required permits or inspections.

Average New Roof Price Breakdown

After looking at these factors, we can reasonably assume a new roof price to be in the range of $8,000 to $20,000. While the exact cost will vary, much of the cost is calculable by the materials and size.

Here’s a couple examples for a 2,000 sq ft roof:

Asphalt Shingles:

• Cost per square foot: $3–$7
• Total cost: $5,100–$14,000
  • Basic 3-tab shingles: $5,100–$9,000
  • Architectural shingles: $6,800–$14,000
• A 2,000-square-foot roof with architectural shingles might cost $9,500, including $2,000 for removal and disposal. Learn more about shingle roofing.

Metal Roofing:

• Cost per square foot: $5–$16
• Total cost: $8,500–$32,000
  • Steel (exposed fastener): $8,500–$14,000
  • Standing seam: $20,000–$32,000
• A 2,000-square-foot roof with standing seam metal might cost $24,000, with $4,000 for labor and extras like flashing. Learn more about metal roofing.

Roof Fixing Price vs. Full Replacement

While this may sound daunting, you may not need a full roof replacement. Smaller repairs are much cheaper than an entire roof. Something like a leak repair or shingle replacement might only cost $200 to $400, so if you’re in that boat you shouldn’t worry too much. Larger patches of repair may cost closer to the $1000 mark.

When dealing with large amounts of damage, it may be wise to look into replacing the entire roof. It may be cheaper to just repair, but depending on the age and condition of your roof, you may want to consider a replacement rather than patching. As always, talk with your contractor. They’ll be able to give you an accurate assessment.

There will come a time eventually where your roof does need to be replaced. This can be from extensive damage or old age, and you will be happy you’re prepared.

How to Budget for a New Roof

Most roofing contractors offer financing options for new roofs, and may have potential savings if you finance with them. You should always compare your payment options if your budget is a concern. 

You should ask about other potential savings, such as off-season installation or energy-efficient materials to reduce your home energy costs. Your contractor should be more than happy to help you with the financial side (if not, we’ve got you covered.)

Conclusion

When thinking about new roof costs, there’s a couple things you have to keep in mind. Your material of choice and roof size are going to be the driving factors of price. With the knowledge from this post, you’ll have a general idea of what your roof is going to cost. 

As always, there’s not one size fits all. You should do your own research armed with the ideas in this post. Plan based on your individual needs and you’ll have a new, safe roof at a fair and affordable price.