When people in our area re-roof 98% of them go to Asphalt and some others to Metal.
There are some fire insurance considerations with shake roofs over 20 years old. The Asphalt is considered safer in the case of a fire. Asphalt can last as long as 30-40 years depending on the type of asphalt shingle used, price goes up with the quality. Shake roofs are not recommended for longer than 20 yrs.
The prices vary with quality. To re-roof a shake roof should be in the area of $10,000. An asphalt roof can cost $15,000 and up because they have to re-sheet the roof with plywood. In our area The lady across the street spent $27,000 on a rancher roof, the people beside us paid $12,000 on a low quality job and the people 2 housed over paid $40,000 for a metal roof, expected to last 40-50 years.
We went with Sears because we wanted their warranty and reputation. They in turn shopped the job out to Contract workers. Cost us $18,000.
Be sure you get a written warranty and interview at least 3 suppliers. Ask for samples of their completed jobs, drive around and have a look at what they have done and compare it to others nearby.
Hope this helps, let me know if you have any additional questions.
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