Comparing quotes and estimates from different contractors is an important part of the budget-planning process for any residential roofing project. To help you get started, Royal Roofing Construction share some tips below.
How Is an Estimate Different From a Quote?
Estimates are more of an approximation and tend to be less detailed than quotes. Contractors calculate estimates based on their experience. As a general rule, there is a margin of error with an estimate of about 10-15% (higher or lower) compared to the project’s actual costs.
A quote is more detailed and will serve as a contract once you sign it. The document usually includes a detailed breakdown of the project’s costs, so it’s important take your time to review the document and ensure you understand everything in it before agreeing to it.
Scrutinizing Quotes
Your quote should be detailed, well organized and clear. If not, that’s a red flag. In particular, keep an eye out for the following detail that should always be included:
- A breakdown of material and equipment rental costs
- Timeline for the project
- The hourly rate for contractors
Factors That Can Affect the Final Price
Keep in mind that a lower quote doesn’t necessarily translate to better value than a higher quote. There can be several reasons why one contractor gives you a lower bid than another—for example, they might not have much experience, so they’re hoping to attract more customers with a lower price point.
A more experienced roofing contractor will likely give you a higher quote than someone who’s relatively new to the business. Choosing a more experienced contractor may cost you more on the front end, but keep in mind you’re investing in the fine-tuned skillset of your contractor, which will likely translate to better workmanship and a longer-lasting roof with fewer problems along the way.
Looking for experienced contractors in your area? Royal Roofing Construction has over three decades of experience offering professional residential and commercial roofing services. To get a free estimate, call us at (714) 680-0015 or leave us a message here. We serve homeowners in Anaheim, CA, and the surrounding areas.