We often hear homeowners say they’re waiting for prices to come down before replacing their roof. Some think it’s a sales tactic when they hear “prices will rise soon so it’s best to buy now.” The harsh reality is that the average cost of a roof has gone up by 20-40% since 2020 and there is no indication that these prices will come down any time soon.

While inflation shoulders much of the blame, there are many other reasons behind these drastic price hikes.

Let’s break down some of the other costs associated with your roofing materials to understand why now might be the best time to replace your roof.

Supply Chain Disruptions: Navigating shortages and shipping delays in the supply chain, compounded by rising fuel costs, contribute significantly to rising prices in our material.

Escalating Costs of Raw Materials: The ingredients we use in our products have also witnessed price hikes, further impacting the overall cost of a roof.

Economic Landscape: In our current economy, it is unlikely that prices will return to pre-pandemic levels any time soon. Reflecting on the price behaviour after the recession in 2009 serves as a pertinent example. Post-2009, recovery efforts spurred inflationary pressures as demand outpaced supply, resulting in higher costs for goods and services. A similar trend happened in the aftermath of the pandemic, driving up prices across many industries, including roofing.

Now, choosing a lifetime roof is the most logical decision for many homeowners. Enviroshake retains its value and offers the homeowner a 70-80% ROI. Our fully transferable limited lifetime warranty increases the resale value of your home and allows new owners to inherit a lifetime roof.

With Enviroshake, you get what you pay for. This will be the last roof your home ever needs. Once Enviroshake is on your roof, it works to help you save money. Read 5 Ways Enviroshake Keeps Money in Your Pocket.

Waiting for prices to drop could end up costing you more in the end. Consider replacing your roof sooner than later.

Contact us today for a complimentary material quote and expert advice on your next roofing project.