Will Roofing Costs Go Down in 2023?

by | Jan 16, 2023 | ArkLaTex, Blog, Costs, Roof Maintenance

Pricing for groceries, gas, and other commodities soared in 2022. Unfortunately, the roofing industry was no exception, causing material costs and construction pricing to skyrocket. Can we expect roof project costs to go down in 2023? Here’s what you need to know. 

The Short Answer

While some experts predict that inflation will dissipate some in 2023, it’s doubtful that current economic conditions causing inflation on roofing materials will drop in 2023. Construction material pricing continues to rise, and nothing suggests material costs will drop to “normal levels.” This means the best time to replace your roof is now. 

new roof costs, ArkLaTex

For the most reasonable prices, contact a local, reputable roofing contractor in ArkLaTex like Hostetler Roofing. We can offer a free estimate and answer any questions you may have. 

What Options Do You Have?

Are you in need of residential or commercial roofing services? Here are your options: 

  • Do nothing. This is always a choice, but it is rarely the best one. Ignoring that your home or business requires roof repairs or replacement will lead to more significant issues like interior leaks, avoidable storm damage, or mold. 
  • Roof repairs. You can try and delay a roof replacement by conducting repairs. However, you also risk further damage with this option. Consider adding a replacement to your list of near-future projects.
  • Roof replacement. Despite residential roofing services being costlier than usual, this may be the best solution to prevent compromising the integrity of your home. The investment will pay off as you eliminate the worry of significant damage followed by costly repairs.

Final Thoughts

The increase in cost for residential and commercial roofing services is making it difficult for property owners to stay up-to-date with roof maintenance. You must act quickly if your home or commercial roofing has been compromised. Contact Hostetler Roofing in ArkLaTex today to find out how we can help you get a reliable roof that fits your budget.