Need a new roof!
 

Well, this sucks. I need a new roof.

Granted it's not 100% crap yet, but I don't anticipate it lasting through the next winter. about 40% of my shingles have lost the asphalt and are curling. :(

When I bought this house I planned to live in it for 5 years and split. Circumstances have changed due to the job market and I will need to live here for at least a couple more years.

I've only lived in my house for 5 years and only have about 6K in equity.

I've added up the square footage (minus the slope) of the house at 1996. I searched the interwebs for calculators and I see that I'm going to need about 60 squares + other crap. Unless my math is wrong that's almost $4,500 just in shingles! :eek:

I've looked into teh HUD 203K, but don't think I'd qualify.

Besides a home equity loan anyone have any good ideas on financing?

Are you sure about that square footage?

60 squares? I kind of doubt that.

talk to your home owners insurance. They covered my roof and I had everything done but have a new roof put on. I paid $500 for the whole thing.

60square would be a huge roof.

How many square feet is your house? Dimensions? pitch?

You don't have 60 square. That's 6000 square feet of roof. If you owned that size house, you wouldn't blink at $4500.

If his grain is gone and shingles are curling, they're not going to give him much, if anything. It won't be worth a claim.

Shoot me a PM if you want me to give you a couple names of people who bid roofs out for a living. They usually get really good prices, and are insured, name companies in the KC area.

Homeowners insurance won't pay anything for a roof if the only "damage" to it per se is that it's old (I.E. wear and tear) which is what to this point has been described here. I would hold out as long as possible for a hail storm, especially if you have replacement cost coverage on your homeowners insurance. A roof can have up to 80% of its granules gone and still shed water just fine. Depending on how much curling is taking place - I would talk to your insurance agent for a recommendation on a roofer(s) and then get multipe bids and opinions as to whether full replacement is really necessary. I wouldn't consider it personally unless leaks were springing up and coming back after attempting repairs.

If you have a 60 SQ roof you are living in a palace.

Your math sucks. A 2,000 sq ft roof needs 20 square. You need 3 bundles of shingles per square. So that's 60 bundles X whatever a bundle costs these days, maybe $20-25? I haven't bought any since 2005 and IIRC they were around $12/bundle for standard 3 tab. My memory might be as bad as your math though.

Since 2005? Figure about 60% higher materials costs. Shingle prices have gone through the roof in the past 5 years.

Good eye. I glossed right over the 1996 sf and only saw the 60 SQ he said he needed.

I said $20-25, that's pretty much doubling what I paid. A lot of construction materials have dropped in the last year or so, maybe shingles haven't. I have no idea, I'm not a roofer.

He must have been using something that calculated the # of bundles you need and got confused, that's where the 60 was coming from.

Plywood and pine have dropped, that's about it though. Nails, screws, shingles, & electrical are still rising.