Does Vinyl Siding Add Value To Your Home

Installing cheap or low grade vinyl might save money upfront but it s bad for resale value. They ll assume that the interior is also in disrepair. With upgraded siding you enhance your curb appeal which will bring more buyers through the door.

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Does vinyl siding add value to your home.

Vinyl siding may lower your home s value on the front end it does make financial sense to cover your old peeling wood siding with fresh inexpensive vinyl siding. Brand new or damaged siding can drastically affect your home s value. Value report a midsize vinyl siding remodel will increase your home s value by 78 2 percent of the project s cost. However this addition can lower its value.

Siding does increase home value. According to remodeling magazine s 2014 cost vs. Adding new vinyl siding to your home can increase the value by approximately 76 7 of the project cost according to remodeling magazine. In terms of costs vinyl siding averages between 5 50 and 12 50 per sq.

Keep in mind that the exterior of your home is a buyer s first impression. One key thing to consider is whether the siding you select will maintain that value after it has been subjected to mother nature or the neighbor s baseball. If your home is historically significant vinyl siding can devastate your home s value. If the outside of the home is in poor condition some people won t step inside.

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. 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. Worn cracked discolored siding will turn buyers away and could lower your home s value in an appraisal.

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