The answer might surprise you.
How much did you pay for new roof.
According to home advisor it costs an average of 7 336 to replace a roof.
Ranch homes for example are much easier to roof than tudor or victorian styles.
In this case the scammer gets you to sign over or cash the insurance cheque as the deposit.
Data compiled by popular home improvement websites found that replacing a shingle roof in florida costs 12 500 on average.
Or 450 per square to replace an asphalt shingle roof on a typical single family house.
The complexity of the roof.
In fact lifehacker recommends paying with cash by cash they mean no loans to avoid interest payments.
A variation on this scam involves your insurance company.
The national average total cost of removing and replacing a roof is about 7 300 says homeadvisor.
Without that kind of money in the bank you ll need to use other financing options to cover a roof replacement cost.
In fact it could be more than what you can afford in one payment.
It s not a bad idea to save and pay for a new roof out of pocket.
When old shingles are torn off new roofing paper starter shingles ridge vent and moisture barrier are installed.
Most americans don t have anywhere near that amount in savings.
Some may just ask for the full payment at the end of the job.
This is great advice if you can do it unfortunately most american homeowners don t have that kind of savings.
A typical roof replacement quote will normally include the removal and disposal of up to two layers of old shingles.
Depending on the size of the roof a contractor can easily spend a few thousand dollars just getting a roofing project started.
Then once you ve paid them this amount they ll disappear without doing the work.
That is a significant amount of money.
Expect to pay several thousand dollars for your new roof.
Asphalt roof costs from 3 600 to 10 800 on average while a metal roof costs between 8 000 to 24 000.
That means exploring other options when it comes time to pay for a new roof.
The more peaks valleys skylights and other obstacles the roof has the higher the installation cost will be.
Someone might be able to help you out for as low as 150 to 350 per.
Thus at the mid point of the above price range you can expect to pay about 4 50 per sq.
On an average size roof that just takes a few days most contractors may ask for a small deposit and the balance on completion.
The average cost of a new roof is between 4 707 and 10 460 depending on the roof size and materials used.
Lendingtree allows you to compare custom rates all without affecting your credit.
But while the high end of the typical price range is about 10 000 a new roof made of top of the line materials can cost as much as 30 000 or even 100 000.
Cash is the best option if you are able to afford it.