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How to Budget for Your New Roof

As many people can attest, homeownership is a rewarding experience. There’s nothing like having your own place, bought and paid for with your hard-earned money. However, owning a home also requires diligent planning and property maintenance if you want to keep the place looking good and functioning as it should. 

Even the most diligent homeowner runs into issues that need to be addressed from time to time. In cases like these, it’s best to have dollars set aside, so you don’t have to make a choice between that fun vacation you had planned and taking care of your home maintenance needs.

For more costly repairs (like a total roof replacement), your pre-planned savings become even more critical. The best roofing companies in Bentonville recommend the following strategies to make sure you’re prepared for any roofing expense that comes your way. 

Start Saving Today

The first and most obvious thing you can do when budgeting for a roof replacement is to open a savings account. Start stashing away a little money each month, and earmark it for roof repairs and maintenance. You won’t actually have to use it every month, so it will accumulate over time. This way, when you need a new roof or major repairs, you’re well prepared to handle them. 

Many roofing companies in Bentonville recommend planning ahead by two or three years for a roof replacement. Some even offer finance plans. Get that savings account set up now but keep in mind that finance options may be available if you need them when the time comes.

Invest in a Roof Maintenance Plan

One way to extend the life of your roof — and increase the time you have to save for a new one — is to invest in a roof maintenance plan with a local roofer. Simply search for a “roof repair company near me” and inquire about maintenance plans and fees. Hiring a local roofing contractor to regularly conduct a roof inspection is invaluable because they can help you take care of minor issues before they escalate. With regular check-ins, they’ll become more familiar with your roof in general and will suggest a better timeline for when a roof replacement will be necessary. 

Shop Around

Next, it’s good to get a feel for the basic costs associated with a roof replacement. With a project of this magnitude, you don’t want to base your savings plan on a single estimate. Instead, shop around and collect quotes from multiple roofing companies in Bentonville. Take the average of these quotes and use it as your benchmark. This way, you should be in the ballpark budget-wise when it’s time for that new roof.

Understand Roofing Terminology

It will help to do a little research on common roofing terms. When it’s time to call a local “roof repair company near me,” you want to be well-versed in the lingo so you can communicate your needs to your roofing contractor and understand what they’re saying to you. You need to be able to understand everything that goes into your roofing estimate so that you’re not surprised when the final invoice arrives.

Call Shamrock Roofing for All Your Roofing Needs

Shamrock Roofing and Construction can handle all your roofing needs. Whether you’re ready for a total roof replacement or you just need a few repairs made, we’re here for you. We take the stress out of roofing by offering a free roof inspection to get you started. We also have finance options if your budget planning isn’t quite adequate for your needs. Contact us today to schedule an appointment for a consultation. You’ll be glad you did!