Dallas-Fort Worth Real Estate Investor Club

I'm sure there are lots of variables to consider, but can you suggest a basic rule of thumb for ballparking the replacement of a roof? 

What should I budget to replace a roof on a 1,500 sqft, one story home?

Thanks!

Stan,

The cost of roofing materials has significantly increased and the best price I am getting is $180 per square (a 10' X 10' section of the roof is a square). For the typical 5/12 pitch I use this formula;

Total Square Feet of House times 1.3 (pitch variable) divided by 100 (a square) times $180 (cost per square). Using 1,500 square feet as an example;

1,500 X 1.3= 1,950 / 100= 19.5 X 180= $3,510

This serves as a good estimate for the purpose of an offer. Once the offer is accepted I request a quote from my contractor. Keep in mind variations in the pitch will affect the price.

If anyone is getting a better price or has a better formula, please share.

Dan

Your formula is a great way to estimate roofing costs, especially since you are factoring in the pitch.  I can help make your numbers even more accurate by considering things like material quality, labor rates, and local prices. If the cost feels high, try looking for bulk discounts on materials or ask contractors for a detailed cost breakdown you might find ways to save! Don’t forget to double-check the pitch to avoid any surprises.