Does Aluminum Siding Increase Home Value

The return on investment is well documented.

Does aluminum siding increase home value. Here are some of the siding colors that offer the best resale value for your home. Siding is made to last. According to remodeling magazine s 2014 cost vs. If you pay 22 603 for an asphalt shingle roof you may get a 15 392 boost to home value.

Worn cracked discolored siding will turn buyers away and could lower your home s value in an appraisal. Light neutrals are a great pick because they go great with other darker neutrals and other colors to give details to your home s exterior. Vinyl siding is a great way to not only make a huge impact on the appearance of a home but also increase its overall value. You might be expanding your family or moving somewhere smaller as your needs change.

Siding is a cost effective way to protect and update your home. Vinyl siding has a better cost recovery and will increase the value of your home for resale more than aluminum would. Let s start with thickness. Find out why below.

For a mid sized project valued at 15 072 you can recoup 11 554. But does it really increase home value. Since aluminum is more prone to damage it can hurt your home s value over time. If you opt for mid range or upscale siding you re likely to recoup 75 90 percent of the cost at resale which is a high return.

Brand new or damaged siding can drastically affect your home s value. With upgraded siding you enhance your curb appeal which will bring more buyers through the door. Aluminum siding is usually a little cheaper than vinyl siding but there s a reason for that. Siding does increase home value.

Let us now examine some of the primary aluminum siding pros and cons. Therefore you will have paid 15 093 that you may not get back in home value. Therefore you will have only paid 7 244 which you may not get back in home value. According to remodeling magazine s 2018 cost vs.

Value report replacing siding increases home value by 76 7 of the project cost. Value report a midsize vinyl siding remodel will increase your home s value by 78 2 percent of the project s cost. However as with any siding there are both positives as well as negatives when it comes time to clad your home with aluminum. If you install a metal roof you ll pay 38 600 and may get a 23 507 boost to home value.

In a midrange home replacing a 300 square foot band of existing vinyl siding from the bottom third of the street facing facade with adhered manufactured stone veneer costs an average of 8 221 but recovers about 97 of that at resale according to remodeling magazine s 2018 cost vs. Depending on the location of the home as well as other factors aluminum can be an excellent siding choice.