Thursday, June 9, 2011

Cost

Alright, now down to the important part. How much did I really spend and does that amount translate to - is this worth my time? I bought all my materials from either Lowes or Home Depot. I'm not going to say which I like more other than I have a Siberian Husky and a lot of my tools have his picture on it - see to the right :)

I bought shingles from Lowes because they carry Owens Corning which was rated very well by a "leading consumer reports company" - I believe that's how most people put it to keep themselves out of trouble. I originally looked at Timberline shingles, but they weren't rated nearly as well, so there you go.

ProductPrice Quantity TotalStore
Owens Corning Oakridge shingles*$22.95 52 $1193.4Lowes
GAF Pro-Start starter shingles (covers 120 linear feet)$32.50 2 $65.00Home Depot
Owens Hip/Ridge Cap$51.70 4 $206.80Lowes
Owens WeatherLock ice 66' roll$85.80 2 $171.60Lowes
Owens WeatherLock ice 33' roll$55.57 1 $55.57Lowes
Vents - RT65$5.38 3 $16.14Lowes
Soffit vents 16" x 8"$1.94 6 $11.64Lowes
Pipe flashing$6.55 3 $19.65Lowes
Drip edge flashing (10' sections)$3.46 14 $48.44Lowes
Valley flashing (10' sections)$19.38 3 $58.14 Lowes
Flashing roll (6" x 50')$27.11 1 $27.11Lowes
Coil nails**$8.47 2 $16.94Home Depot
Roofing nails$5.96 2 $11.92Home Depot
Cap nails for felt (2000 count box)$22.93 1 $22.93 Lowes
Shingle Stripper$24.98 1 $24.98Lowes
Gloves$19.97 1 $19.97Lowes
30# Felt paper$17.80 8 $142.40 Lowes
Roofing cement$2.98 4 $11.92 Lowes
Subtotal

$2,112.63
10% off coupon card 

-$211.26
Tax 

$151.49
5% off $1500 on Chase card

-$75.00
Dumpster - 10 yards

$170
Grand total

$2157.74
Insurance check

$2,229.93
Amount left

$72.19

So as you can see I was able to buy all my materials, tools, extras, and all the stuff that they recommend you put on your roof, but usually most people don't due to the extra cost and still come in under budget. 

Now remember, I got lucky in a few areas. First, I was able to get some left over supplies from my sister and brother-in-law who just got their roof done. Second, I get a discount from my trash company for a dumpster. Usually, they are more than this. And lastly, I used a 10% off coupon plus this month I get 5% cash back on my Chase credit card at home improvement stores. So that all helped keep it under budget. However, this same job from a contractor would be around $7,000 roughly based on what a quote I got and my brother-in-law and sister's job cost on their house.

So based off all that, doing it myself - I'm saving right around $5,000, yep that's right $5k. What would you do if you saved that much? For my wife and myself, that was more than enough to justify the manual labor to do it ourselves.

*Note - normally they go for $25.50, but when you buy 36 or more, you get contractor's pricing.
** Got lucky in my sister had her house re-roofed and I got to grab the leftover extra nails from their project which saved me a pretty penny.

Another note - I found Home Depot accepts Lowes coupons, I didn't know that till the tail end of my buying, otherwise some of my purchases would have shifted. But considering I'm under budget, I'm still happy.

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