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How Much Does Commercial Roof Replacement Cost In 2024?

Posted on September 6, 2024

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commercial roof replacement cost

As a business owner or manager, once you decide to replace your roof, planning a budget is the first step. At Miller Roofing and Renovations, we understand the importance of planning an accurate budget for a commercial roof project. 

In today’s blog post, we will discuss the primary considerations that will help you determine the cost of your commercial roof replacement project. If you are a commercial building owner or manager, this complete guide is for you. 

Commercial Roof Replacement Cost
Commercial Roof Replacement

Let’s get started!

#1. Roof Size

The total square footage of your commercial roof is one of the most significant factors affecting the cost of a roof replacement. Larger roofs need more materials and labor, leading to higher overall expenses. 

As the size of your commercial roof increases, you can expect the replacement cost to go up accordingly. For example, a 10,000-square-foot roof will cost significantly more to replace than a 5,000-square-foot roof.

#2. Roofing Material

The type of roofing material you choose will also affect your total commercial roof replacement cost. Here’s a table outlining the general cost ranges for different commercial roofing materials:

Roofing MaterialCost per Square Foot
TPO (Thermoplastic Polyolefin)$4 to $14
EPDM (Ethylene Propylene Diene Monomer)$4 to $13
PVC (Polyvinyl Chloride)$4 to $12
Metal$4 to $35
Built-up Roof (BUR)$4 to $10
Modified Bitumen$4 to $8
Asphalt$2 to $5

The options range from more affordable TPO and EPDM to the more premium PVC, metal, and built-up roofs. While the premium materials may offer better long-term value and performance, they come with higher upfront costs. It’s important to balance your budget with the desired lifespan and durability of the roofing system when making your selection.

#3. Labor Costs

Labor is a major factor contributing to the overall commercial roof replacement cost. You can expect to spend around $3 to $7 per square foot for professional installation.

Factors that can influence labor costs include the availability of skilled roofing contractors in your area, regional wage differences, and any labor shortages in the roofing industry. If there is a high demand for roofing services in your region, you may face higher labor costs for your commercial roof replacement.

#4 Location

Location is also an important thing that can affect the exact roof replacement cost for your project. The cost of labor, materials, and other things can vary significantly depending on the area. 

It is best to find at least three best-rated roofing companies in your area and request quotes from them for your commercial roof replacement project. 

If you need a durable and reliable residential or commercial roof replacement in Memphis, TN, we are here to assist you. Get a free custom quote today. Call us to learn more. 

#4. Roof Condition and Old Roof Removal

The existing condition of your commercial roof will also affect the replacement cost. If there is major damage, such as rot or structural issues, additional repairs may be necessary before the new roof can be installed. 

This can significantly increase the overall cost of the commercial roof replacement project. It’s important to have a thorough inspection of your existing roof to detect any underlying issues that may need to be addressed.

Removing the existing membrane or shingles from your roof will also add to the final price tag. You can balance some of the roof replacement costs by checking the resale value of the materials that your roofer is going to remove.

#5. Accessibility

The ease of access to your commercial roof can also influence labor costs. Roofs that are difficult to reach or require special equipment for installation will typically incur higher labor charges. For example, a roof with limited access points or one that is located on a multi-story building may require specialized equipment and additional labor, adding to the overall cost of the commercial roof replacement.

#6. Building Codes and Permits

Complying with local building rules and securing the necessary permits will increase the overall cost of your commercial roof replacement project. Building codes may require specific roofing materials, installation methods, or additional safety measures, all of which can impact the cost. It’s essential to factor in these expenses when estimating the total cost of your project.

#7. Insulation and Underlayment

Upgrading the insulation or underlayment during commercial roof replacement can improve the energy efficiency of your building, but it will also increase the initial cost. The choice of insulation or underlayment material and their thickness will affect the pricing, with more premium insulation options typically costing more. 

Ask your roofer to thoroughly check the condition of your commercial roof’s existing underlayment and insulation. This will help you in making the right decision.

#8. Warranty Options

Choosing a commercial roofing system with a longer warranty may come with higher upfront costs, but it can provide peace of mind and savings on future repairs. A longer warranty can protect your investment and potentially save you money in the long run. So, make it a valuable consideration when estimating your commercial roof replacement cost.

#9. Seasonal Considerations

The time of year can also affect the cost of your commercial roof replacement. Roofing projects are often more expensive during peak seasons when demand is high, such as the summer months. Planning your commercial roof replacement during the off-peak season, like the fall or winter, may yield cost savings.

With these considerations, you can easily calculate a rough estimate of your commercial roof replacement cost. As mentioned above, it is best to get multiple quotes from the reputed roofing contractors in your area. With these, you can get a closer idea of the overall expense. 

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Hire The Best-Rated Roofers For Your Commercial Roof Replacement In Memphis, TN

At Miller Roofing and Renovations, we aim to provide the best commercial roof replacement services in Memphis, TN, and the surrounding areas. 
We understand the importance of a faultless and functional roof installation, and that’s why our team uses high-quality materials and best practices. Trust us as your roofing experts and we will make sure your commercial roof stays tough and protects your building for many years to come. To know more about our services or to get a custom quote, call us today at (901) 457-9405.

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