Does Vinyl Siding Add Value Home

Vinyl siding is a great way to not only make a huge impact on the appearance of a home but also increase its overall value.

Does vinyl siding add value home.

Over a quarter of the homes built in 2017 had vinyl siding according to the us census bureau s 2017 characteristics of new housing. But does that translate into an increase in the resale value. Foam backed vinyl siding is considered an upscale material choice. Window replacement is consistently listed as a top ten home improvement project that increases home resale value.

Add some shake siding and your house becomes a vintage cottage. Generally costs for vinyl are based on material thickness with most residential products ranging from 040 to 046 inches thick or about 1 16th of an inch. Michael moloney shutterstock vinyl. Among mid range projects vinyl siding replacement ranks no.

There was a rise in costs recouped in comparison to 2017 and makes siding replacement one of the top home improvement jobs in terms of value according to remodeling. If your home is historically significant vinyl siding can devastate your home s value. Imagine your house in a cape cod gray autumn red or vintage wicker popping against snow white frames. The upside is the variety of choices in style color manufacturers and price which can be on lower end if you install the typical 4.

If you spend 15 000 to replace your home s windows your home could rise in value by roughly 11 000. It will boost your curb appeal with a. Vinyl siding may lower your home s value. Probably the biggest way siding adds value to your home is with its beauty.

In addition to its efficiency and durability vinyl siding totally changes the look of your home. For a mid sized project valued at 15 072 you can recoup 11 554. Low end siding replacement as you might have guessed doesn t make the list. The increase in home value with re siding a home with foam backed vinyl is around 78 thus the overall value increase between 10 920 11 700.

There are many reasons why james hardie siding will increase your home s value. According to remodeling magazine s 2018 cost vs. According to remodeling magazine s 2014 cost vs. Value report replacing siding increases home value by 76 7 of the project cost.

Value report a midsize vinyl siding remodel will increase your home s value by 78 2 percent of the project s cost. The average homeowner spends 11 475 and recoups 78 2 percent or 8 975. Replacing old windows does boost your home s value. Why installing james hardie siding improves home value.

On the front end it does make financial sense to cover your old peeling wood siding with fresh inexpensive vinyl siding. Vinyl siding is one of the most common exterior materials for homes. Installing cheap or low grade vinyl might save money upfront but it s bad for resale value.