Style – This one might surprise you. There are numerous styles of homes in the Central New York area. Colonial, Split Level, Raised Ranch, Ranch, Cape, Old Style, and Contemporary are common examples. Thinking back to size, all of these styles could be the same square feet, but the cost to insure them will vary significantly. For example, a 1,800 sq. ft. colonial will be less expensive than a ranch style of the same size. The cost to replace a ranch is higher due to the amount of roofing and perimeter walls.