Prices of Roofing Materials

Prices of Roofing MaterialsThe prices of roofing materials differ from the type of roofing materials used for your home, the quantity or any additional fabrication from roofing contractors. Furthermore, whether you’re looking for soft roofing materials, ceramic tiles, metal tiles or metal roofing for residential to non-residential construction, the development forecasts of the local area and the general roofing industry market also affect the prices of the roofing materials market. 

Replacing a roof is one of the costliest upgrades a homeowner can make.

Roofing contractors look at several variables to determine the price of a new roof, including its size, pitch, accessibility and cost of materials. Because of this, prices for a new roof can range drastically. For a general estimate, in California, the average cost of a new roof runs as low as $5,000 for an asphalt shingle roof — the most commonly used roofing material in America — to $25,000 and up for higher-end roof types. The average price, is $$11,095 – $12,000 USD to tear off and replace an old roof. Prices can also vary greatly depending on where you live.

Roofing Materials Costs Comparison

Factors That Change Prices of Roofing Materials

The prices of roofing materials depend on the global demand and market.

Generally, prices of roofing material vary and the cheapest estimate may not necessary win the bid. Roofing material prices are affected by resources such as petroleum and other energy related resource costs. The production and research of roofing materials and the roofing industry experiences material rate increases every year due to the higher standard of living and high development forecasts. Thus, though it is an initially a costly investment, the average producer prices and material prices are almost certain to continue to rise. Due to the demand and the growth of this big market, leading manufacturers, companies and producers will continue to produce products that can be used in various sectors of roofing and increase in import and export volume of raw materials for production. In addition, in the lights of the recent financial recession, the increases in the demand within the commodities market drove roofing material prices to a higher level. Not only will roofing materials be affected, but other commodities including natural resources will also impact the prices and the potential consumers. Soft roofing materials like rubber can also be affect as well.

Roofing material prices vary from location to location

Roofing Materials PricesAside from the large market and in a more micro view, roofing material prices vary from location to location, roof design to the preferred surface and look will differ from year to year. Roofing materials differ in their visual appearance, cost and durability, maintenance requirements and the installation difficulty. On top of that, roof slopes are another factor and limits the choice of materials suitable for a particular roof. Here is an example and a compare and contrast view of different roofing materials. The first being cedar shakes, a common and durable material for roofing. Roofing and contracting companies provide services that include removing cedar shakes and 2 layers of old shingles and replacing with plywood and 30-yr architectural shingles, deck armour with ice and water protection, and trim. With this project, it includes 80-mil white membrane, 1/2 insulation and all the necessary trim, accessories and flashings. For an 8-mil Color IB roof, there are six standard colors available and $850 per square.

In the United States for example, average producer price for metal roofing materials are around $17,000 to complete an entire project. Prices can fluctuate depending on the location of the project, with the South costing at $13,000 to the West costing about $18,000. The effective steel roofing shingles are priced from $250 to $500, but the cost of installation typically does not exceed $700. On the other hand, aluminum shingles are less expensive, but installation price for this roofing material costs around $1,200 to complete the entire project. Though both are from the metal roofing family, prices of roofing materials do differ significantly.

In addition, steel standing seam costs about $400 to $500 per square, depending on the number of panels ordered. In this particular case, the fewer panels you order, the higher your overall costs will be. For metal roofing materials, steel can cost in the range of $5,000 to $15,000 while copper prices as roofing materials can average a range of $25,000 to $40,000.

Reviewing the Prices of Roofing Materials

Thus, prices of roofing materials will be determined by the type of material used, extra fabrications, amount, removal and more importantly the overall location of the project. These are the factors that homeowners’ decision can influence and will be a key determining factor on the overall prices and costs. Though increases in prices of roofing materials are somewhat influenced by the market, something that you aren’t able to control, it is still highly recommended to get quotes from various contracting companies and compare their pricing and costs. The roof should function well in the environment and area of your property and finding out the correct materials to use will benefit immediately and in the long run. Time and various options should be taken into consideration to as it is a costly investment. When getting quotes for prices at the contractors’, it is extremely important to find out what is included in the final costs and prices to get a clear picture of what will be executed and included.

For further information regarding this matter, look for information regarding industry risk rating, press analytical reports of contracting firms, key manufacturers operating systems and procedures, business wire events and expos, and development forecasts of other countries’ industry and growth to get a clearer picture on their construction progress. These are contributing factors and with this knowledge, can help you understand the fluctuation in prices and costs for roofing materials. Learning the development of new roofing materials, the increase in production and construction in a global scale will help you in becoming knowledgeable in determining the prices of roofing materials.

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