The Impact of New Siding: Tips for Improving Home Value
Is your home one of your most significant financial investments? If it is, every home improvement project you complete should improve your quality of life AND increase the value of your home. Here’s a report on new siding home value. We’ll discuss how installing new siding can improve your home’s curb appeal and offer a healthy return on investment.
This site compares the average costs for 22 remodeling projects with the value those projects retain at resale. A wide range of projects were studied, including garage door replacement, window replacement, fiber cement siding installation, and vinyl siding installation.
Vinyl siding replacement was found to have a 67.2% return on investment. The average price of the siding project is $18,662. Once completed, the new vinyl siding increased the value of homes by an average of $12,541.
But maybe you aren’t planning to sell your home anytime soon, so you aren’t as concerned about attracting prospective buyers or increasing your home’s resale value. Does that mean you should wait to complete a siding job? Here’s how new vinyl siding can impact your day-to-day life.
The siding industry has improved a lot in recent years.
If you shopped for siding materials ten years ago, you may have been less than overwhelmed by your choices. Aluminum siding dents easily. Steel siding is expensive and difficult to install. Early vinyl siding material was unattractive and was considered a low-end siding option. But that old siding you were familiar with decades ago no longer exists.
If you haven’t shopped for vinyl siding recently, look at the new insulated vinyl siding on the market.
Insulated vinyl siding can increase your home’s energy efficiency.
Not all vinyl siding can reduce your heating and cooling bills. When you shop for siding products, ask for the data regarding the siding’s energy efficiency. Insulated vinyl siding offers superior protection from heat transfer, making it easier for your HVAC system to regulate the temperature inside your home and decrease your energy bills.
Life’s too short to have an unattractive house.
The home remodeling industry sometimes focuses too much on completing improvement jobs with the next owner in mind. But if you plan to live in your home for the next decade or two, improve the curb appeal – for yourself.
Beautify your home’s exterior by installing high-quality siding. You’ll love the look and feel of your home and may find yourself pausing before you go through your front door to admire the look of your home.
Painting is a pain.
Have you gotten a quote for an exterior paint job recently? If so, you may be ready to rid yourself of that problematic wood siding. Not only does vinyl siding increase home value, but it is a low-maintenance alternative.
We know you have many siding options (brick siding, stucco siding, stone siding, etc.). Learn why the insulated vinyl siding offered by Woodbridge Home Solutions is the best choice for Texas homeowners. Schedule a consultation with a team member, and we will show you photos of our most recent jobs and connect you with happy clients.