Housing markets across the country is giving the greatest time of start an own company in construction, home maintenance and repairs. However, there is some information that you need to know after all.
This article is made with data such as roofing projects, the cost of installing a roof, home ownership rates and the age of the houses in the market. In this way, this information is the most linked to reality and so you will be able to consider when opening or expanding the roofing business.
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Top 10 metro areas for roofing companies
1.Los Angeles, CA
Los Angeles has always been above average for anyone, and this includes its demands and costs as its appeal in the sheer size of the market. However, Los Angeles is the second largest market in the country before New York. In this city the house stock is pretty mature, with at least 85% of its houses built before 1990.
In this way, the average roof installation cost in Los Angeles is about $7,800.
Seattle is one of the most expensive cities in the whole country, and so is its house market, with the higher cost and profits for roofing work. Luckily, there is also the opportunity of new constructions in the area because of its growing population.
While the average roofing job price is within the budget of most homeowners who live there, five-figure jobs are common.
The average roof installation cost in Seattle is about $8,600.
This is the best place for roofing contractor in the Sunshine State. And even when Miami is the best one in terms of affordably-priced houses than Seattle, it boast a costlier average price tag for roof installation, even more because has a large market with 71$ of housing stock build before 1990. In this way, contractors willing to travel trough the state can take advantage of demand surges like summer storms and others.
The average roof installation cost in Miami is about $9,000.
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4.San Jose, Ca
San Jose is another good place for roofing contractor. More than its appeal, it is also one of the highest average places and cost for a roof installation because almost 80% of the city and its houses were built before 1990. This implies a big and nice demand of repairs and replacement.
The average roof installation cost in Miami is about $11,600.
Philadelphia has a large market with a high homeownership rate, steady home values and request for roofing contractors. And even when its average cost for roof installation is lower than the other cities on this list, consistent high demand should lead to business success.
The average roof installation cost in Philadelphia is about $6,600.
Sacramento is a city with a high home value, steady demand and high revenue for roofers. This makes Sacramento a great location for those who want to start or expand their business.
The average roof installation cost in Sacramento is about $9,000.
Just as others cities, Chicago has a huge market with 77% of its housing units built before 1990, this makes it one of the top fine in roofing contractor request, and the demand for repairs and replacement should continue to grow.
The average roof installation cost in Chicago is about $7,000.
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Denver is another good place for roofing contractor. More than its appeal, it offers plenty opportunities for new constructions along with a big and nice demand of repairs and replacement.
The average roof installation cost in Chicago is about $7,500.
Just like Denver and Chicago, Portland is another city with a hot house market above average demand and excellent revenue opportunities for roofers.
The average roof installation cost in Portland is about $7,350.
10. Minneapolis, MN
Minneapolis is the city with the highest homeownership rate of the top 10 metro areas for roofing contractors, driving demand for high-quality roofing contractors in a large market.
The average roof installation cost in Portland is about $7,300.
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