Nowadays, metal roofs are steadily becoming one of the most popular roof replacement options in the market thanks to the many benefits that they can bring to a home. But before you decide on whether or not you should opt for a metal roof, you’ll understandably want to know how much it’ll cost you so you can plan your budget accordingly. According to experts, however, the answer to this question can actually vary.
Factors That Affect Metal Roof’s Price
When it comes to the topic of a metal roof’s cost, the answer depends as there are three factors that can affect its price: materials, labor and operation. According to roofing professionals, the cost of materials accounts for a third of the total price of a metal roofing installation as it includes the panels themselves, flashings, underlayments, accessories and other materials that might be needed to complete the installation.
Another third of the installation’s overall price is occupied by the labor involved in the job. This is because contractors charge according to the hours required to get the job done, the wages and salaries of their employees, benefits and insurance and the payroll taxes that the roofing contractor pays. Depending on the business structure and length and complexity of the project, these factors can also vary.
The final third goes to the operating costs that help keep the roofing company in business and functioning in the market. Often, this portion of the cost helps cover the cost of their rent and utilities, advertising, transport and equipment, licensing and training, and other day-to-day tools and items.
Benefits of a Metal Roof
While installing a metal roof may sound costly thanks to the aforementioned factors, don’t let that influence your decision and prevent you from getting one as there are actually many benefits to installing a metal roof in your home. For instance, it can easily improve your home’s aesthetic appeal as it comes with a wide variety of design and color options, boosting your home’s resale value in the process and allowing you to profit greatly if you ever plan to sell your home in the future.
Apart from the aesthetic benefits, a metal roof is also long-lasting, low-maintenance and energy-efficient, allowing you to save a significant amount from repairs or replacements while keeping your monthly energy costs as low as possible at the same time.
Planning to install a metal roof in your home? Don’t hesitate to turn to Summit Roofing & Restoration, Inc. When it comes to roof repair and replacement projects, we are the number one service providers to turn to and we won’t let you down! Give us call at (731) 206-3821 or fill out our contact form to get a free estimate.