Have you noticed more metal roofs popping up lately? Metal is trending, and we understand why! Our Lake Mary metal roofing company breaks down the cost factor for metal roofs.
Metal roofs are coming back stronger than a 90s trend. More homeowners are seeing the long-term value and return on investment that metal roofing can have on their homes. A recent study revealed that the 2020 value of the metal roofing market was $23.8 billion, and it’s projected to grow to $33.8 billion by 2030.
The roofing specialists at our Lake Mary metal roofing company field many questions about the cost of metal roofing and whether it is worth the investment. Here we’ll answer some of our FAQs.
How Much Does A Metal Roof Cost?
Several factors contribute to the cost of a metal roof, just like any other roofing material. The cost of metal, however, is figured by price per sheet, typically between 50-100 square feet.
Different metal materials come with other price points, but on average, a steel roof will cost between $4-20/square foot installed. For the average-sized U.S. home of 1,700 square feet, that’s a total ranging from $6,800 – $34,000.
The price ranges are based on other contributing factors, which we will discuss below.
Labor And Location
Labor costs vary by roofing company, and we are happy to discuss our labor costs with you when we evaluate your roofing needs. Equipment costs are also figured into labor, such as scaffolding, cranes, and other heavy equipment that the roofing company may need to rent for your project.
Where you live also affects the cost of your metal roof. If you live in an area with a higher cost of living, your roof will likely cost more. For example, a typical roof in Miami may cost more than one in Orlando because prices are generally higher the closer you get to the beach and ocean.
Details unique to your roof will impact the cost. These include:
Pitch – A roof with a higher pitch may have a higher installation cost. Pitch is measured by how many inches the roof rises for every foot in depth. Roofs are usually between 3:12 and 6:12; anything higher than 6:12 is considered steep and is more complicated to install. Additional safety equipment may be needed for a steep roof which would incur more cost.
Underlayment – Similar to the padding under your carpet, your roof’s underlayment comes in different quality levels and various price points. For a metal roof, the underlayment is essential for noise reduction.
Style – The two most common metal roofing styles are corrugated panels and standing seam. Corrugated panels are less expensive and have exposed seams and bolts, while the seams and bolts of standing seam panels are covered.
Finishes – Polyvinylidene fluoride (PVDF) and silicone-modified polyester (SMP) are the two most commonly used color options for metal roofing. SMP is more durable against scratches but more likely to crack and fade. PVDF stands up better to cracking and fading but scratches easier.
Is Metal Worth It?
While metal is more expensive than an asphalt shingle roof, it will last much longer. With proper care and maintenance, a metal roof can last 50 years or more, while asphalt shingle roofs need to be replaced every 15-20 years (and need more maintenance). Metal also stands up better to harsh weather conditions like those in Central Florida.
In the long run, if you are willing to make a more significant upfront investment and desire a roof that will last for decades, choosing a metal roof can provide a good return on investment (ROI).