Does Vinyl Siding Increase Your Home’s Value?

selling home for cash

It doesn’t matter if you plan to live in your home for several years or more, it is important to understand which products can increase the home’s value. Vinyl siding can make a big impact on the exterior appearance of your home and increase its value.

According to the 2018 Cost vs. Value Report from Remodeling Magazine, siding replacement can increase your home value by 76.7%. For a project of $15,072, you can recover $11,554.

Let’s look at a few ways vinyl siding can increase your home’s value: beautiful appearance, durability, low maintenance and energy efficiency.

Beautiful Appearance

You may need new siding for a variety of reasons. Perhaps your current siding is worn or damaged, cracks or dents are causing the house to be more susceptible to the elements, or perhaps you have pests or water damage behind it. No matter what reason, residing a house is a great way to create a completely new home at the same address.

Other home improvements like roofing and windows are necessary but don’t have the same impact on the home’s appearance as new siding. Upgrading the siding can transform a home’s appearance from the worst in the neighborhood to one that is beautiful.

According to Business Insider, you have only seven seconds to make a first impression. Your appearance and body language can make a lasting impression on people before you ever speak a word.

It is the same for homes that are on the market. Curb appeal is key. How a home’s exterior looks can make the difference in whether someone stops to visit an open house or drives past. Prospective buyers might expect to pay more if the exterior is clean and well maintained.

Vinyl siding is available in many different profiles and colors so you can create the look you want. You can enjoy a more beautiful exterior while you are living in your home. And you can also recoup most or all of the investment when you sell.

Home Protection with Durability

It is wonderful to see a home looking great when it is new siding installed. But what about the appearance of that home over time? It can be damaged by storms, moisture damage, cracking, peeling finishes, and other factors if the siding isn’t durable.

Color Retention & Water Damage

vinyl siding compared to fiber cement siding

Vinyl siding is a strong and durable option for exterior cladding. Vinyl siding can be used as exterior cladding. It is certified and tested by the Vinyl Siding Institute.

Vinyl siding is a polymeric product that is impervious to water damage. Vinyl siding does not require caulking or painting to seal the water out. It also doesn’t absorb moisture. Fiber cement, for example, has a porous core which can absorb moisture and cause problems later.

Wind & Impact Resistance

Vinyl siding protects homes from the elements. It can withstand winds up to 110 mph, depending on its application.

Punta Gorda was hit by Hurricane Irma in September 2017. Average wind gusts were between 111 and 130 mph. The 171 units of the Gulf Breeze community were cladded in insulated vinyl siding before the storm. There was no visible damage to them or water infiltration.

Insulated vinyl siding is a vinyl siding that has a foam core attached to its back. It is a traditional siding made from vinyl. The combination of the foam insulation and vinyl siding provides a significantly higher impact resistance. Insulated vinyl siding is durable enough to protect your home and its appearance from hail, rocks, and even baseballs.

Low Maintenance

Today’s homebuyers place high importance on features and products that are easy to maintain and save them time and money. Although cedar shake siding can look beautiful, homeowners will have to spend time and money maintaining it.

Vinyl siding is America’s most loved cladding product. This is due to its low maintenance requirements. Vinyl siding does not need to be painted or sealed like other siding options. As needed, you can clean vinyl with mild soap and water using a gardenhose.

Energy Efficiency

Insulated vinyl siding is durable, but the foam backing acts more than just as a shock absorber in case of impact. The siding job is more energy efficient because of the contoured insulation. It reduces heating and cooling costs and makes the home quieter and more comfortable.

Many buyers find it appealing to have lower utility bills for as long as they stay in their home. Vinyl siding offers homeowners a great option for increasing their home’s value or making it more appealing to potential buyers. It is beautiful, durable, and easy to maintain.

Summary

Remodeling Magazine estimates that adding vinyl siding to your home will increase its value by approximately 76.7 percent of the cost. It is important to think about how the siding will hold up to the elements and the impact of neighbor’s baseball. It is important to choose a product that can withstand the elements and still look great for many years.