The average cost of roof replacement in Minnesota ranges from $6,607 to $14,274. Depending on some factors, a roof replacement can also cost up to $55,773 on the higher end of the price range.
In this post, we’ll discuss the roof replacement cost in Madison Lake, MN, and Mankato, MN, to help you budget for your upcoming home improvement project. We also tackled factors affecting the price and where you can find affordable roofing options in Southern MN.
What is the average cost of roof replacement?
The cost of a new roof installation in Madison Lake, MN, and Mankato is measured by roofing squares. One roofing square is equivalent to a 10 x 10 feet area or 100 square feet.
On average, one square of roofing replacement costs anywhere from $450 to $2,400, depending on the material.
So, how much does it cost to replace a roof on a 2,000 sq-ft house? It can range from $5,000 to $10,000 for affordable asphalt shingles or up to $85,000 for premium slate roofing.
Just take note that roofing squares are not the same as your home’s square footage. Your home’s floor area should not be the basis of measurement during replacement, as roofs have overhangs and pitches.
Residential vs. commercial roof replacement costs
In general, roof replacements for commercial buildings are more expensive than those in residential properties. Commercial buildings often require more robust materials and are more complex to install than home roofs.
- Cost of commercial roof replacement in North Mankato, MN. Roofing materials used for commercial buildings cost around $400 to $1,300 per square. Also, commercial roofs are way bigger than most residential roofs, making the replacement cost astronomically higher in comparison.
- Residential roofing services in North Mankato, MN. A residential roof replacement in Mankato and Madison Lake costs around $450 to $1,100 per square. Most home roofs are smaller than commercial ones, so the price would be much lower.
What factors affect the cost of roof replacement?
The cost of roof replacements is on a sliding scale, depending on several factors. Here are some of the factors to consider when calculating the price of your roofing project:
Roof material
Material is the first thing you have to consider when planning a roofing replacement. Below, we discussed a brief roofing materials cost comparison together with its average market price. Read on and to help you find the best roofing materials for the price in Mankato, MN (labor excluded):
For residential
- Asphalt shingle – $1.60 to $2.60 per sq. ft.
- Wood shake shingle – $4 to $6.75 per sq. ft.
- Metal – $7.50 to $11.70 per sq. ft.
- Tile – $15 to $20 per sq. ft.
- Stone/Slate – $14 to $30 per sq. ft.
For commercial
- TPO roofing – $5 to $7 per sq. ft.
- EPDM roofing – $11 to $16 per sq. ft.
- Metal roofing – $6 to $24 per sq. ft.
- Modified bitumen – $4 to $7.50 per sq. ft.
- Built-Up Roofing (BUR) – $2.50 to $7.50 per sq. ft.
Roof size
As we’ve mentioned earlier, your roof size will determine the cost of your roof replacement. On average, the roof replacement cost per square foot is anywhere from $4 to $30. The bigger your roof’s square footage, the higher the replacement cost will be.
To give you an idea, below is the average roof replacement cost in Estherville, IA, and Southern MN based on roof size:
- 1,100 sq. ft. – $4,900 to $12,300
- 1,500 sq. ft. – $6,800 to $17,200
- 1,800 sq. ft. – $8,800 to $22,100
- 2,200 sq. ft. – $9,700 to $24,600
- 2,600 sq. ft. – $11,700 to $29,500
- 3,100 sq. ft. – $13,600 to $34,400
- 3,500 sq. ft. – $15,600 to $39,400
- 4,000 sq. ft. – $16,600 to $42,000
Roof replacement method
When replacing a roof, you have two options: a complete tear-off and a roof overlay.
With the roof tear-off replacement, all the existing roof materials will be removed before placing new ones. This is a good option for very old roofs where the underlayment has to be replaced as well.
But with overlay roof replacements, the new roof will be installed on top of your existing shingles. The catch is that your roof’s structural support should be in good condition to carry the additional weight.
In terms of roof tear-off vs. overlay costs, tear-off is the most expensive. On average, a tear-off roof replacement is 25% to 50% more expensive than an overlay.
Still, you should note that overlay roof replacements have a major downside: they could reduce your home’s resale value. It will also add structural stress on your home, and it’s also less durable than a tear-off asphalt shingle roof replacement in North Mankato, MN.
Roof design
There are two main roofing elements that will affect its replacement cost: pitch and valley. Overall, your roof design could make the replacement affordable or more expensive than other homes with the same roof size.
Roof pitch and its impact on cost
Roof pitch refers to the angle of your roof measured by inches for every inch it rises against 12 inches of horizontal distance.
In general, low-slope roof pitches of about 6/12 and 8/12 are 10% to 25% more expensive than a flat roof replacement.
Meanwhile, steep roof pitches between 9/12 and 12/12 are often 25% to 50% more expensive than flat roofs.
Roof valley and its impact on cost
Roof valley refers to the intersecting angles between each roof plane where water and debris run off. Your roof can either have an open valley or a closed valley design.
In general, closed valley roofs are more affordable since there’s no need to pay for additional flashing material and labor. However, since there’s no flashing, closed valley roofs have a higher risk of developing leaks and trapping moisture over time.
If you prefer long-lasting roofs for a small additional cost, consider an open valley design. It lasts longer and allows ice dams or rainwater to run off smoothly.
Roof underlayment material
The type of roofing underlayment and installation costs will also affect the overall price of your roof replacement. The following are the most commonly used underlayment in Mankato, MN, and their approximate costs (labor excluded):
- Asphalt-saturated felt – $0.30 to 0.60 per sq. ft.
- Polypropylene/polyethylene – $0.60 to $1.20 per sq. ft.
- Rubberized asphalt – $1.20 to $2.50 per sq. ft.
Additional exterior repairs
Aside from the new roof material and installation process, you also have to prepare for emergency roof repair costs. Here are some of the additional repairs and expenses you may encounter:
- Cost of removing old roofing materials
- Replacing rotting roof decking
- Replacing missing or damaged flashing
- Brickwork and repairs for the chimney
- Skylight replacement
- Upgrading roof vents, soffit vents, and ridge vents
Labor costs for roofing contractors
Labor fees are one of the major components of your roof replacement cost. Local roofing contractor prices vary widely, depending on the complexity of the project, the size of your roof, your exact location, and so on.
On average, roof replacement labor rates in Minnesota range from $4 to $8 per sq. ft., though it can be much higher for complex projects.
To know how much labor fees you’ll pay, you can request roofing estimates and inspections in Madison Lake, MN, or Mankato. A local roofing company like Boelter Is Better can give you a free quote with a detailed breakdown of the labor, material, and additional costs.
Roofing brand
Asphalt shingles are the most common roofing type in the United States. And if you’re looking for the best roofing brands for affordability with this material, the following names would be a budget-friendly option:
- IKO – $300 to $550 per roof square
- GAF – $350 to $600 per roof square
- Owens Corning – $400 to $700 per roof square
- Malarkey – $450 to $750 per roof square
Roofing permits and fees
A permit is required for all roof work in Minnesota, including roof replacements for both residential and commercial properties. If you live in an HOA neighborhood, make sure you also check any additional permits you need to secure before hiring a roofing contractor in Mankato.
Permit fees for roof replacements could range from $100 to $1,400, depending on your city. On top of that, you should also consider a roof inspection after the replacement is done, which will cost around $400 to $500.
Roofing warranties and guarantees
Roofs with longer warranties tend to be more expensive due to the additional protection.
Some roof warranties are prorated, which decreases coverage over time and shifts maintenance costs to the homeowner as the roof ages. Still, this roofing warranty is more affordable.
Meanwhile, non-prorated warranties cover all the replacement and repair costs during the warranty period. It’s more expensive, but it will lower out-of-pocket expenses when you’re in need of local roof repair in Madison Lake, MN.
DIY vs. professional roof replacement costs
While DIY roof replacements are allowed in Minnesota with the right permits, it may not be cost-effective in the long run. Unless you have in-depth knowledge of roof work, you may risk damaging your roof structure, which spells more dollars for repairs.
If you’re torn between DIY and professional roof replacement, here are some pros and cons to think about:
DIY roof replacement
Pros
- Huge cost saving since you’re not paying for labor
- Flexibility to shop for better deals from various roof vendors
- Full control over the roof replacement process as your budget permits
Cons
- Risk of expensive mistakes, like structural issues that will eventually need professional repairs
- No warranty or insurance coverage, as DIY work usually voids any manufacturer or installer guarantees
- Potential for higher long-term costs due to reduced roof lifespan and frequent repairs
Professional roof replacement
Pros
- Quality and efficient roof replacement from licensed professionals
- Warranty and insurance coverage on both labor and materials
- Fewer unexpected costs as expert roofers take accountability for premature issues, they will fix with no extra charge
- Ensure code compliance and avoid potential penalties
- Personal safety – something you simply can’t put a price on
Cons
- Higher upfront cost, though financing options are always available
- You may have to pay more for expedited service during peak season.
How to budget for a roof replacement
Are you planning a roof replacement but don’t have the budget yet? Here are some ways to save money on your roofing project and avoid high upfront costs:
1. Compare multiple quotes
Don’t sign up with the first contractor you see! It’s wiser to shop around for free roofing estimates in North Mankato, MN, so you can compare prices and inclusions.
This way, you can see which roofing contractor offers the best value for your money. Comparing quotes will also give you a realistic idea about how much you’ll need to shell out for a roof replacement.
2. Use a roof replacement cost estimator
If you’re not familiar with roof costs and want to have a rough estimate, you can try a roofing cost calculator online. While the calculated cost is just a ballpark estimate, it will still give you a reasonable price range to plan your budget.
But if you prefer more accurate pricing for your roof replacement, you can contact the best roofing contractors in North Mankato, MN, like Boelter Is Better. Call us and we’ll give you a free, no-obligation quote on your roofing needs.
3. Check for roofing rebates and tax credits
The federal government offers tax credits for energy-efficient roofing materials. This is a credit amount of up to 30% of the qualifying materials’ cost, with a maximum credit of $1,200 annually.
In Minnesota, Xcel Energy offers rebates for ENERGY STAR-certified roofing materials. While it will not lower the cost of your roof replacement, it will still help you save money in the long run.
4. Check roofing financing options
You can also explore financing options to get your roof replacement without the hefty upfront cost.
For example, here at Boelter Is Better, we offer financing via PowerPay, so you can get a new roof with affordable monthly payments.
This way, you no longer have to save up for years just to cover the roof replacement cost in North Mankato, MN. Not only that, with our financing, your payments will only begin around 30 days after we complete the project.
Looking for affordable roofers near North Mankato, MN?
If you’re searching for affordable roofing companies in Madison Lake, MN or Mankato, MN, Boelter Is Better might be the roofer you’re looking for!
For 30+ years, we’ve been providing quality roofing, windows, and siding to our fellow locals in Southern MN. We carry the best industry warranties, so you’ll have a roof that will last for decades.
If you’re interested in knowing your financing rate or getting a roof quote, contact us today, and we’ll give you both for free!
Average roof installation cost FAQ
Does homeowners’ insurance cover roof replacement?
Most homeowner insurance covers roof replacements if the damage is due to covered conditions, such as storms, hail, fire, and so on. However, the need for a roof replacement due to natural wear and tear or lack of maintenance isn’t usually covered by insurance.
How about roof replacement cost with insurance vs. out-of-pocket? With insurance coverage, you’ll only pay a deductible ranging from $1,000 to $5,000, depending on your coverage.
But without insurance, you’ll have to cover the entire cost of the roof replacement. In Minnesota, that’s around $15,000 for standard homes.
How often should you replace your roof?
Most shingle roofs last for 20 to 30 years, after which you’ll have to consider a replacement. However, some roofs may get damaged and require a replacement more frequently.
How long does a new roof last?
A new roof can last for about 20 to 50 years, depending on your choice of material. Shingle roofs last for up to 30 years, while metal roofs have a lifespan of over 100 years. But if you’re looking for the longest-lasting roof, it would be a good idea to invest in slate roofing.
Can you replace only half a roof?
Partial roof replacement is possible if the damage is isolated to one area or your roof is relatively new. It’s best to consult a licensed roofer first to know if replacing only half a roof will be a good idea for your home.
What’s the difference between asphalt shingles vs. metal roof cost?
Asphalt shingles cost around $3 to $5 per square foot while metal roof costs around $9 to $16 per square foot, depending on the type of material. Roofing shingles cost per bundle cost about $25 to $50, but this doesn’t include labor and other preparation costs.
What’s the best time of year for roof replacement cost savings?
In Southern Minnesota, late fall and winter generally offer cost savings for roof replacements. However, it’s not the most convenient, and delays are highly possible due to the harsh weather.
How long does a roof replacement take?
A roof replacement takes about 1 to 3 days to finish, but it could take longer for bigger roof sizes. It’s important to discuss it with your roofer, so you can arrange temporary accommodation as necessary.
Does home value increase after roof replacement?
Yes, your home value will increase after a tear-off roof replacement. According to the National Association of Realtors, a roof replacement is one of the home projects with a high ROI. On average, a new roof will help you recoup up to 69% of the cost at the time of resale.
