We’ll get straight to the answer you’re looking for and tell you that you likely won’t get all your money back just by replacing your siding. Depending on the type of siding you choose as your replacement siding, you’re likely to get somewhere around 80% back on your investment. It may surprise you to learn that this is actually one of the higher return home improvement projects. However, you need to do it in part because you want to and not look solely at the return that you’re likely to see when you sell your home.
Replacement Siding Offers Other Benefits
Depending when and how your home was built, your new siding installation can improve your home’s energy efficiency. Most homes built more than 20 years ago lack insulation between the home and siding. There are two ways you can have better insulation. Some replacement siding has insulation. If yours doesn’t, your siding installer can install an insulative house wrap beneath the new siding.
You’ll also notice, because of the increased insulation that your home is quieter. Insulation not only insulates from cold and heat, but also sound. Another big benefit is lower maintenance. If you’re replacing wood siding with vinyl or fiber cement, you won’t need to worry about painting every few years. Of course, most homeowners note the biggest difference is in curb appeal.
What Type of Siding Has the Biggest Return on Investment?
Most homeowners either replace their siding with vinyl or fiber cement. According to Remodeling’s 2020 Cost vs. Value Report, vinyl siding has a higher ROI in the northern Virginia region. Vinyl siding’s ROI is 83.7%. However, that doesn’t mean that fiber cement siding isn’t a good option. In fact, fiber cement siding’s ROI comes in just behind at 81.3%. What is surprising to many homeowners is that the cost isn’t significantly different.
Windows & Siding Unlimited Offers Both Vinyl & Fiber Cement Siding
Because the ROI difference is so minimal, we recommend you not only look at the ROI of new siding, but also the other benefits it has especially maintenance. If you’re looking for replacement siding for your home, call Windows & Siding Unlimited for your free quote. We offer both quality vinyl and fiber cement siding. Call us today for your free estimate at (703) 468-4769 or fill out our contact form.