Siding replacement is one of those home improvement projects that many homeowners dread. Not only can it be extremely expensive, but it can also take a long time to complete, and you need to find the right company to do the job.
With all of those hurdles, you may be wondering if siding replacement is worth it.
In the rest of this article, we will argue that for many homeowners, siding replacement is, in fact, worth the investment. However, whether siding replacement is the right choice for you will depend on several factors. We will cover those below.
So, let’s get started!
Cost of Siding Replacement
Your first consideration when deciding if siding replacement is the right choice for you is the cost. The total cost of siding replacement varies significantly depending on the following factors.
- Siding material
- Siding quality and grade
- Labor costs
- Your location
- The size and complexity of your home
- Market trends
Because there are so many factors that influence the cost of siding replacement, all estimate ranges will be quite large. You can expect a siding replacement to cost you between $5,000-$50,000.
To truly understand the cost of siding replacement for your unique home, you need to contact a professional contractor to provide you with an estimate.
Signs it is Time for a Siding Replacement
In addition to cost, you should also consider whether you are experiencing any signs indicating you need a siding replacement. These signs often include the following.
- Outdated appearance: Siding trends come and go. If your siding is getting older, it likely also has an out-of-date design. To increase the curb appeal and resale value of your home, you may want to consider a siding replacement.
- Visible damage: Anytime you see visible damage on your siding, you should consider replacing it. Damage can include rot, especially in wood siding, peeling paint, gaps between the planks, or bubbling. These symptoms often indicate a much larger problem with the siding as a whole.
- Faded sections: As siding ages, it often fades as well. A faded appearance is not appealing and can be a warning of sun damage and a loss of protective coatings.
- Increased energy bills: There are many reasons why you may experience a rise in your energy bills. However, if you also have older siding, it may be causing a problem. Damaged or old siding allows drafts and heat transfer, reducing the overall energy efficiency of your home.
- Pest problems: Some siding materials, especially wood, are more appealing to pests. If you notice holes, gnaw marks, or visible pests on your siding, you may have an infestation that requires siding replacement to solve.
Pros of Siding Replacement
So, you have researched the costs and noticed signs that your home could need a siding replacement. But you still may wonder whether the investment is worth it. Here are a few pros of siding replacement that may make it more appealing.
- Enhanced curb appeal:
Putting new siding on your home can dramatically enhance its curb appeal and give it a fresh, modern appearance. This upgrade will impress your neighbors and provide a lot of value to you as well.
- Increased home value:
One of the main advantages of better curb appeal after a siding replacement is the increase in your home’s value. The exterior of a home is the first thing potential buyers notice. A home with well-maintained and visually appealing siding can significantly increase the perceived value of a property and potentially net you more if you plan to sell your home in the near future.
- Improved energy efficiency:
You do not need to be planning to sell soon to see the benefits of siding replacement, however. You will also experience improved energy efficiency. The new siding has better insulation properties and often aligns with eco-friendly practices. Therefore, you can help the environment and decrease your energy costs all in one go.
- Reduced maintenance costs:
Speaking of decreased costs, new siding costs a lot less to maintain. Many modern siding materials are known for their durability and resistance to common issues like rot, pests, and mold. New siding, especially new vinyl siding, can also be easily cleaned, which allows you to keep your home exterior looking nice without much effort.
- Increased weather resistance:
Many modern siding manufacturers create siding that withstand harsh weather conditions. If you live somewhere with severe storms, high winds, or extreme temperatures, your home will be better protected with new, modern siding.
- Improved customization options:
Many homeowners move into a home with siding already in place. Even if you built your own home, you may have decided on the siding a decade or more ago. Tastes change. When you choose siding replacement, you can completely customize the exterior of your home to your personal style. Trying a new siding material or alternative color can create a unique and personalized look.
How To Decide If Siding Replacement is Worthwhile for You
Siding replacement comes with a lot of positives. However, it is also quite costly, both in terms of time and money. Below, we have listed a few other cons of siding replacement.
- Ability to disrupt your daily life.
- Possibility of unforeseen issues delaying the project.
- Limitations of material and color because of HOA requirements of local regulations
- Potential for bad quality workmanship
Therefore, the decision of whether siding replacement is worth it is a very personal one. You must take the costs, condition of your current siding, and your long-term goals into account.
In the end, the decision to replace your siding is a personal one that should align with your priorities and budget. If you are uncertain about whether you should take the plunge, we recommend that you consult with a reputable siding contractor. They can provide valuable insights and help you make an informed choice.
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