Wood Siding Vs Vinyl Siding Home Value
However you can opt to install insulated vinyl which comes with a foam core backing.
Wood siding vs vinyl siding home value. Resale value wood siding is attractive to buyers and will increase the resale value of your home. The following vinyl and wood siding prices are subject to vary based on the local cost of labor and materials the complexity of the installation and other factors. The cost to replace siding adds 1 000 to 3 000 for removing the old siding. This explains why it s used by most homeowners looking to renovate their homes on a budget.
Vinyl siding cost. Vinyl siding costs way less than lp smartside engineered wood siding. Lifespan when properly maintained but only if properly maintained wood siding can last as long as the building. To help you make an informed decision here s a comprehensive comparison of the vinyl siding cost vs.
Cost of wood siding vs. Low to mid grade vinyl costs slightly less than cedar or redwood siding but the two materials are generally comparable in terms of cost. This means that no matter which material you pick it can serve as additional insulation. House siding costs 4 300 to 15 800 on average or between 3 to 11 per square foot depending on the home s size and materials used.
Soooo many homeowners with vinyl siding are told by their contractors that when they remove their vinyl siding they will need to install new wood. These ignorant people are ruining a historic building wasting a lot of money for no reason creating more junk for the landfill and these people are taking up space on this earth. Many homeowners desire the beauty and tradition that lap siding provides and a variety of siding options can deliver this look from true cedar planks to engineered wood to fiber cement to vinyl. Replacing older wood siding with new vinyl siding could actually decrease the value of your home.
The average cost of vinyl siding for mid grade materials is 1 60 per square foot including installation cost. Vinyl and lp wood siding have similar r values around 6 with lp siding having the edge. The cost to reside a 2 000 square foot home with vinyl is 7 100 on average. According to remodeling magazine s cost vs value report a siding replacement will recoup about 76 at the time of resale but they do not specify which material.
However in some areas vinyl may get less of a return than wood while in other areas vinyl may actually lower the value of a home if it replaced wood siding.