Hiring a contractor for roof installation services is a considerable investment. It’s important to prepare your budget early and properly. Here’s how to do it.
First, you have to determine the price. Here are the steps:
Choose Roof Materials
There are different types of roofing materials, and there are also components that go along with each one. Shop around for the cost of your main material, such as shingles, then find out how much the other components would add to that cost.
You’ll need a licensed roofing contractor, but before you choose only one, contact at least three. Explain your project to them and ask them for estimates. Each contractor is likely to visit your home to determine the costs of replacement. Ask for estimates detailing the labor in a separate computation from the materials. Compare the estimates and use them to help you determine which contractor to hire.
Calculate the Costs
Now that you have an idea of how much the materials cost, and also hold estimates from contractors, you can make a sample estimate of your own.
Now you can come up with a proper budget.
Add a Contingency Fund
To cover the cost of unforeseen problems, it’s a safe move to add 10-20% to the total cost you came up with using your chosen contractor’s estimate. Count the months you have left for saving money and divide the amount you need to come up with by the number of months.
Adjust your spending to save enough money to cover what you need to save every month for that new roof. This might take some computation involving how much you usually make a month minus how much you normally spend. Find areas in your usual living budget where you can make decreases or cheaper alternatives.
Creative Construction Group is a reputable roofing contractor. Contact us for a free, no-obligation estimate. We can also help you with insurance roof claims. Call us today at (815) 459-1750. We work with homeowners in Crystal Lake, IL.