Analysis a capital improvement is defined as an amount paid after a property is placed in service that results in a betterment adaptation or restoration to the unit of property.
Roofing costs 2017.
We will need to pass along an increase of 1 4 effective october 1 2017.
But the u s.
Professionals will charge 5 000 to 12 000 or more for.
For comparison a true slate roof can cost 1 500 per square plus at least that much to have a skilled mason install it leaving you with a total bill of 50 000 100 000.
The average roof replacement cost is 4 200 6 600 on a 1 600 sq ft.
16 2017 roof cost increases.
However if you use premium materials such as metal wood shingles clay tile etc the cost of your roof will be at least 9 500 16 000.
The cost of materials for a basic 3 tab 25 year shingles could range anywhere from 150 to 200 per square for all the necessary materials.
Home ownership costs.
A midrange roof replacement costs 20 670 on average according to remodeling magazine s analysis of select construction estimates.
Ranch house using asphalt roof shingles.
Nationally the average homeowner spends about 8 048 to install a new roof and most spend within a range of 5 351 and 10 829 there are certain cities like denver that are higher than average at 9 000 and others that are below average like austin tx at 7 000.
A standard 2 200 to 3 400 square foot roof replacement with asphalt shingles will cost diy homeowners between 2 000 and 6 000.
In addition to composition shingles materials may also include any necessary roofing felt underlayment ice and water shield nails ridge vent and roof flashing details such as valley drip edge gable and chimney flashing and caulk.
This increase will apply to many non standard shingles and various accessories.
The cost breaks down to about 40 for materials and 60 in labor.