Why Are Roofs So Expensive? Understanding Costs of Roofing in Boise

If you’ve ever recieved a quote for a new roof and wondered why are roofs so expensive, you’re not alone.

The seemingly “high” roofing costs are due to rising material prices, labor expenses, and the complexity of the installation process, with the majority of the costs coming from materials. Here at Legacy Roofing of Idaho, we have helped countless homeowners in Boise, Meridian, Eagle, Nampa, and all over the Treasure Valley with roof replacements. We have quickly become a top roofing company in the area.

All this to say, the number one question we still get is why are roofs so expensive? In this article, Legacy Roofing will explore the reasons behind roof costs and how we can help you with your roofing project!

7 Reasons Roofs Are Expensive

Ask roofing companies in the area what the most common objection they receive to having a roof installed is. The most common objection is the cost. On average, a brand-new roof in the Boise/Treasure Valley area costs around $15,000, give or take.

While this is right in line with national averages, the factors that ultimately determine the cost of a roof installation project are:

• Rising costs of raw materials like asphalt and copper
• Tariffs and inflation
• Labor costs and locating skilled contractors
• Geographic factors

Below, we will highlight the above factors in depth to help you understand/navigate the high cost and rising prices of shingles and roofing!

1. The Rising Cost of Raw Materials

One of the primary drivers of rising roofing prices is the increased cost of raw materials. Over the past few years, since COVID-19, the prices of crucial materials like asphalt and copper have surged. Asphalt, the most common roofing material, is heavily influenced by petroleum prices, meaning any oil market fluctuation directly impacts roofing costs. Most roofs utilize asphalt shingles, which have increased prices significantly for roofing contractors.

Tariffs and inflation have also played significant roles in these rising costs. Tariffs on imported metals, for instance, have caused price hikes for materials like steel and aluminum, essential for various roofing systems. Furthermore, inflation has led to a general increase in the cost of building materials, pushing up the overall expense of roofing projects.

Current trends indicate that these prices are unlikely to stabilize soon. Whether you opt for asphalt shingles or metal roofs, you can expect notable price changes. In fact, in the last 18 months, Legacy Roofing has received three notices of price changes from the suppliers without increasing labor costs (see the next bullet).

2. Labor Costs in Roofing Projects

Labor costs are another significant component of roofing expenses. Roofing labor costs typically range between $1.50 and $3.00 per square foot. To get a clearer picture, multiply the square footage of your roof by 100; this gives you an estimate of the total labor costs involved. These costs can vary widely depending on the area’s local availability of skilled roofers. Cheaper roofing will usually cost you more in the long run, and because the roofing industry is labor-intensive, it requires specialized skills and expertise.

The process of safely removing the old roof to installing new roofing shingles means each step demands precision and safety measures. Reputable roofing companies like Legacy Roofing only hire skilled roofers

3. Complexity of Roof Installations

Another factor driving up roofing costs is the complexity of installation. The pitch or steepness of a roof significantly affects the difficulty of installation. Steeper roofs require more safety measures and specialized equipment, which increases labor costs. Multi-level structures further complicate the installation process, so some companies charge more due to the additional labor and materials required.

The condition of the existing roof also significantly influences the process. If your old roofing is in poor condition, additional work might be necessary to ensure the structural integrity of the new roof. Tasks such as replacing roof decking are considered extra. If your plywood decking is compromised, it must be replaced.

Here at Legacy Roofing, we only charge for additional materials. For instance if you need more shingles for a ridge cap on a hip roof or roof decking needs replacing. Skilled roofing is accounted for in all of our pricing models.

4. Durability and Quality Roofing Materials

Investing in quality roofing materials can seem expensive initially, but it pays off in the long run. High-quality materials like metal roofs can last between 50 to 100 years, offering a significant return on investment despite their higher upfront costs. Similarly, most homeowners will use asphalt shingles, and when deciding between three-tab or architectural shingles, the slight price increase for architectural shingles is well worth it.

Three-tab shingles are cheaper, but they lack the warranty coverage or curb appeal of architectural shingles. To learn more, see our shingle guide here: The Ultimate Guide to Asphalt Shingles.

5. Geographic Impact on Roofing Prices

Your geographic location can significantly impact roofing prices. Supply and demand dynamics play a crucial role; during high-demand periods like after natural disasters, roofing material prices can skyrocket. Conversely, low demand can lead to lower prices. Additionally, higher living costs in certain areas can increase insurance rates due to the elevated cost of repairs and replacements.

Harsh weather conditions are another factor that can drive up roofing costs. Regions that experience extreme temperatures or severe weather require more durable materials, which can increase installation expenses. Local building codes might also mandate specific roofing types to ensure safety and compliance, impacting the overall cost. In the Treasure Valley, our shingles tend to stay priced around national averages; however, transportation expenses due to fluctuating fuel costs can add to the final price of roofing materials. The farther the materials need to be transported, the higher the costs.

6. Insurance Costs and Roofing

Insurance costs can significantly influence roofing prices, especially in regions prone to natural disasters (think of areas with lots of hurricanes). Homeowners in these areas often face higher insurance premiums due to the increased risk of property damage. Insurance companies adjust their rates based on the likelihood and severity of weather events, making it more expensive to insure homes in high-risk zones.

Claims for roof damage from natural disasters can lead to higher insurance rates for homeowners. This means that you have to deal with the immediate costs of repairing or replacing your roof, and you may also face increased insurance premiums in the future. Luckily, in the Boise region, we have cold and hot temperatures, but aside from wind storms, we do okay when it comes to natural disasters.

7. Role of Skilled Roofing Contractors

Skilled roofing contractors play a crucial role in ensuring the quality and longevity of your roof. Their expertise helps prevent costly mistakes such as roof repair. Hiring a roofing contractor in the Treasure Valley with specialized skills is essential for your roof replacement.

Hiring a reputable contractor like Legacy Roofing can help provide you with accurate estimates, work efficiently to complete the project on time, and, more importantly, install your roof correctly so it has a valid warranty. However, it is essential to realize that not all roofing companies are created the same, and some will offer lower prices, but that can come with more affordable results. If you want to know why some roofs are more expensive, it can be because of the quality of labor.

Preparing for Your Roof Replacement Budget

Replacing your roof is a significant investment for most homeowners, so preparing for a roof replacement budget involves careful planning and research. You have two options when it comes to replacing your roof as far as budgeting is concerned:

1. Pay for your roof to be replaced (finance, cash, check, etc)
2. Submit an insurance claim to cover the cost if there is storm damage

Start by obtaining a few estimates from different roofing companies to compare costs and options. This will help you better understand the market rates and make an informed decision. Next, determine how you will pay for your roof and let the roofing contractor help you figure out the best option.

From there, you will want to pick out your roofing shingles. While initially dimensional asphalt shingles are more expensive, it can lead to long-term savings in the longevity of your roof. Remember, financial advisors recommend saving a portion of your home’s value annually for roof replacement costs. This ensures that you are financially prepared when the time comes.

The Verdict on Roof Costs –

In summary, “high roofing costs” are driven by several factors, including rising raw materials prices, labor costs, and the complexity of roof installations. While your geographic location and insurance costs may play significant roles, it is essential to keep in mind that investing in quality roofing materials and hiring skilled contractors can help mitigate some of these expenses.

Understanding these factors allows Boise residents like you to make informed decisions and better prepare for their roofing projects. Planning and budgeting wisely ensures that your roof replacement is a worthwhile investment that provides long-term benefits and protection for your home.

So if you have any questions about your roofing system, the rising roofing prices, or just the roofing industry in general, don’t hesitate to reach out to Chuck and the team here at Legacy Roofing!

Frequently Asked Questions

Why is roofing expensive?

Roofing costs can exceed your budget, mainly because of increasing raw material prices, higher labor costs, and the installation complexity. It’s also affected by where you live, impacting both material and labor availability.

How do raw material prices affect roofing costs?

Higher raw material prices, like those for asphalt and copper, directly drive up roofing costs due to inflation and tariffs affecting the supply chain. You’ll likely pay more for roofing projects than a few years ago.

What role do skilled roofing contractors play in roofing projects?

Skilled roofing contractors are essential for ensuring quality installation and preventing costly mistakes. They also provide accurate estimates and warranties, giving you peace of mind for your investment.

How can geographic location impact roofing prices?

Geographic location influences roofing prices due to supply and demand, local living costs, and specific weather challenges. So, when you’re budgeting for a roof, consider these factors!

How can I prepare for my roof replacement budget?

To prepare for your roof replacement budget, obtain multiple estimates and invest in quality materials. Additionally, save a portion of your home’s value each year and partner with transparent roofing companies for better planning.