How Much Does Siding Add To Home Value

Value report replacing siding increases home value by 76 7 of the project cost.

How much does siding add to home value.

The return on investment is well documented. Siding is a cost effective way to protect and update your home. If the exterior of your home is looking rough and weathered replacing the siding is one of the best ways to boost resale value. According to remodeling magazine s 2018 cost vs.

The average cost of siding for homeowners is between about 5 000 and 14 500 according to data by various sources. Siding is made to last. You might be expanding your family or moving somewhere smaller as your needs change. Value report a midsize vinyl siding remodel will increase your home s value by 78 2 percent of the project s cost.

When it comes down to brass tacks all new siding for your home comes at a steep cost. In a midrange home replacing a 300 square foot band of existing vinyl siding from the bottom third of the street facing facade with adhered manufactured stone veneer costs an average of 8 221 but recovers about 97 of that at resale according to remodeling magazine s 2018 cost vs. 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. Re siding with vinyl is estimated to increase your home s value by 78 2 of the project s cost.

Find out why below. The overall cost varies based on the type of material used the size of the home and type of existing siding on the house. According to remodeling magazine s 2014 cost vs. For a mid sized project valued at 15 072 you can recoup 11 554.

The foam back provides at least 3 times or more the r value while increasing the cost by at most 3 times or usually doubling it. If you opt for mid range or upscale siding you re likely to recoup 75 90 percent of the cost at resale which is a high return. But does it really increase home value.