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Some homeowners may even spend upwards of $46,000 for large, high-end roofs. Roofing Costs by Type. ... Metal roofs last longer than shingles, holding up for between 40 to 80 years.
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Metal roofs can last up to 100 years, with installers providing 50-year warranties. [citation needed] Because of their longevity, most metal roofs are less expensive than asphalt shingles in the long term. [10] Metal roofing can consist of a high percentage of recycled material and is 100% recyclable. [11]
The federal roofing tax credit for energy efficiency is dependent on the cost of the materials used in the renovation. A consumer could only receive a tax credit of up to 30% of the material cost, up to a maximum of $1,500. This credit is for funds spent on the energy-star approved materials, not on installation or labor cost.
A study by Ducker International in 2005 identified the average cost per year of a metal roof to be US$3.2 per square metre ($0.30/sq ft) while single-ply roofs stood at $6.1/m 2 ($0.57/sq ft) and built-up roofing at $4.0/m 2 ($0.37/sq ft).
For example, if the replacement cost — not the amount that you paid for it originally, but the amount it would cost to replace it today — for your roof is $20,000, but the roof loses 5 percent ...
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