Does Vinyl Siding Add Value To Your Home

Worn cracked discolored siding will turn buyers away and could lower your home s value in an appraisal.

Does vinyl siding add value to your home. According to remodeling magazine s 2014 cost vs. The foam back provides at least 3 times or more the r value while increasing the cost by at most 3 times or usually doubling it. Siding does increase home value. Adding new vinyl siding to your home can increase the value by approximately 76 7 of the project cost according to remodeling magazine.

Add some shake siding and your house becomes a vintage cottage. If the outside of the home is in poor condition some people won t step inside. They ll assume that the interior is also in disrepair. Brand new or damaged siding can drastically affect your home s value.

Value report a midsize vinyl siding remodel will increase your home s value by 78 2 percent of the project s cost. However this addition can lower its value. Keep in mind that the exterior of your home is a buyer s first impression. With upgraded siding you enhance your curb appeal which will bring more buyers through the door.

Installing cheap or low grade vinyl might save money upfront but it s bad for resale value. In addition to its efficiency and durability vinyl siding totally changes the look of your home. In terms of costs vinyl siding averages between 5 50 and 12 50 per sq. One key thing to consider is whether the siding you select will maintain that value after it has been subjected to mother nature or the neighbor s baseball.