Realtor · Gainesville, FL · Member since 2019 · 57 posts · 49 votes
I am trying to put an offer on a BRRRR property in Florida. It has a very old, original flat roof that we would like to replace asap. None of the local roofing companies have time to look at it and get us an estimate for at least another week or two. Can anyone give me a ballpark idea of what kind of cost we should budget for to replace it? It's a 1,492 sq foot single family house in north central FL. Also would it be possible (affordable) to replace with a pitched roof? We've never dealt with this issue before and want to get an offer in asap.
If it's in the budget, I recommend making it a pitched roof - hip if that works and also installing with hurricane clips at the same time if that is feasible... You will thank your self each time you get your insurance bill.
Very smart observation, people would be well advised to listen!! A few dollars worth of metal strips can save you literally thousands and thousands of dollars in insurance. Make sure the strips have at least 3 nails each or they wont qualify for the insurance discounts.
Also note if you are investing here that wind insurance for hurricanes can be very expensive sometimes depending on location, if you are serious about doing your due dilligance you should also get an insurance quote if you haven't already!
New to Real Estate · Bethesda, MD · Member since 2020 · 4 posts · 1 vote
5y
@Jennifer Turner Exact same thing happened to me with a recent property in Fort Lauderdale. Estimate was $7000 for about the same size roof as yours and I got a seller credit. My home inspector simply called in his roofing contactor to give an estimate. I didn't have to search for one on my own. Like you I'm planning to replace the whole thing with a pitched roof, may cost more but worth it in the long
Flipper/Rehabber · Orange Park, FL · Member since 2014 · 180 posts · 83 votes
5y
@Jennifer Turner A good ballpark number is probably around $8000. Not counting any woodwork that is needed. If you know there is damaged wood then calculate about $75-80 a sheet to replace it. If you want to replace it with a pitched roof you would have to frame new rafters or have some trusses built then decking installed on it, then shingle it. What is the reason you want pitched? Just so it lasts longer?
Realtor · Gainesville, FL · Member since 2019 · 57 posts · 49 votes
5y
@Gary Siver Thank you, that’s super helpful! Yes, goal is less frequent maintenance, longer durability and lower insurance premiums (haven’t gotten that quote yet but they’re increasingly picky about roofing age and materials in the past couple years). Also it rains every single day here, so wanting to prevent mold risk and leaks.
Real Estate Agent · Ormond Beach, FL · Member since 2017 · 216 posts · 158 votes
5y
If it's in the budget, I recommend making it a pitched roof - hip if that works and also installing with hurricane clips at the same time if that is feasible... You will thank your self each time you get your insurance bill.
Investor · Clairemont, CA · Member since 2011 · 3k+ posts · 2k+ votes
5y
I'm not familiar with NW pricing specifically, but for a rebuilding on my trusses in Central FL last year it was $3,500 for engineering and about $12,500 for tear off and replacement. Materials are higher now, but that should get you in the ballpark.
If it's in the budget, I recommend making it a pitched roof - hip if that works and also installing with hurricane clips at the same time if that is feasible... You will thank your self each time you get your insurance bill.
Very smart observation, people would be well advised to listen!! A few dollars worth of metal strips can save you literally thousands and thousands of dollars in insurance. Make sure the strips have at least 3 nails each or they wont qualify for the insurance discounts.
Also note if you are investing here that wind insurance for hurricanes can be very expensive sometimes depending on location, if you are serious about doing your due dilligance you should also get an insurance quote if you haven't already!