Metal Roofing Price Increase

This translates to about 9 38 a square foot which is a great deal more compared to a shingle roof which will run you about 3 41.

Metal roofing price increase.

I have no doubt that your business is very active right now. These metals can cost 15 35 more than a steel roof. Steel is the most common and reasonably priced metal roofing material. Back in 2008 when oil prices went up to 140 barrel and the us and world economy tanked soon after roofing prices went up from about 65 per square to about 75 80 based on 30 year architectural shingles.

Issue 77 june 5 2017 todd miller. The bottom line for our industry is a significant increase in the cost of all metal products used in roofing including metal roofing panels ventilation products and steel trims and flashings. Now to talk about how this affects the resale value. Roof cost increases.

A home with a metal roof would add the value of each of those prevented repair cycles to the home s value even if the initial installation cost is higher. Metal roofing ranges from about 3 25 to 22 per square foot with aluminum and standing seam metal roofing toward the lower end and copper at the high end according to modernize a network of home improvement contractors. A reminder that all roofing manufactures raised their prices between 5 10 effective at the beginning of september. This increase will apply to many non standard shingles and various accessories.

These actions caused rapid price increases of corrosion resistant steel products in the united states as well as shortages and extended lead times. Here is a list of metal roof prices per square foot low to high 1. Each day we hear from metal roofing contractors who are well on their way to record years in 2017. Using this example even a metal roof install costing 20 000 would save 10 000 in the long term thus adding a higher value to the home than the cost of the investment.

In addition to their home resale price improvement advantages metal roofs come with other benefits. Steel price increase april 2018. According to a 2012 study by homewyse the average metal roof installation will run between 10 000 an 13 000. With the recently announced tariffs on imported steel and aluminum and with the recent increases in the cost of paint zinc and transportation price increases in many of our roofing products is unavoidable.

However there is also aluminum zinc and copper. As noted by the green talk website metal roofs can be great insulators. Another factor that greatly increases your overall cost for a metal roof is the type of metal its made of.