There are about 5.9 million commercial buildings in the US. If you’re responsible for the maintenance of one of these facilities, roof replacement will be necessary every 10-40 years.
Here, we’re going to talk about how much you will need to pay to replace a commercial roof. Read on to learn about average prices, factors that may impact costs, and more.
When Should You Replace a Commercial Roof?
There are several situations where you need to invest in a new roof ASAP. They include:
- Broken or sagging shingles
- Leaking from the ceiling
- Strange sources of light from the ceiling
- Rotting shingles
- Mold/moss growth
A healthy roof unincumbered by these problems still requires replacement every 10-40 years. Make sure to check in with professionals periodically so that you can learn when you need to replace the roof.
The Average Price for Commercial Roof Replacement
The average price of a US roof replacement is $8,973. The normal price range is between $5,695 and $12,226. These figures encompass both residential and commercial roofs.
For commercial roofs specifically, you can estimate the price of your roof by looking at its square footage. The cost of replacement will usually be around $8-$10 per square foot of roofing material. So, if you own a commercial office building with a 500-square-foot roof, you’re looking at a range of $4,000-$5,000.
These prices are made up of about 40% cost of materials and 60% cost of labor. Both of these figures are highly variable and several factors may alter the price.
What Might Impact This Price?
In addition to the size of your roof, its condition may impact the price. A worn-down roof will be more challenging to replace, so those with sagging or chipping shingles may cost slightly more.
Accessibility is another factor that frequently impacts costs. If your commercial building is extremely tall and difficult to get onto, you will likely need to pay higher labor costs. The same applies to sloped roofs – replacing those will cost more than their flat counterparts.
The installation method you choose will also impact labor costs. Ballasted, fastened, and adhered installations all come with their own advantages and disadvantages, but you will need to pay different fees for each type.
Finally, your insulation choice is going to impact the cost that you pay for materials, as will the type of membrane you want to be installed.
Roof Types and Pricing
Different roofing materials will also have different installation costs.
Just as sloped roof replacement generally costs less than flat roof replacement, the materials that you use on the roof are going to impact what you pay.
Rubber and asphalt shingles tend to be the least expensive options. This also encompasses asphalt fiberglass shingles.
Metal and wood shingles tend to cost a bit more. Slate and clay are yet another step above that.
Solar shingles and copper roofing are the most expensive options.
Make sure that you talk to your installation professional about the highest-quality material to fit into your budget.
Talk to Roofing Maintenance Professionals
Now that you know roughly how much it costs to replace a commercial roof, it’s time to get started. Cypress XM is committed to providing high-quality repairs and replacements at an affordable price. Request a quote for your commercial roof replacement for a more specific estimate.