Does Vinyl Siding Increase Home Value

Value report replacing siding increases home value by 76 7 of the project cost.
Does vinyl siding increase home value. According to remodeling magazine s 2018 cost vs. With upgraded siding you enhance your curb appeal which will bring more buyers through the door. Siding does increase home value. There are a number of studies that confirm this for full story click link below.
Find out why below. Any fire department will tell you that a fire in the home becomes deadlier for any home with vinyl siding on it. Re siding with vinyl is estimated to increase your home s value by 78 2 of the project s cost. Brand new or damaged siding can drastically affect your home s value.
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. For a mid sized project valued at 15 072 you can recoup 11 554. 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. In terms of costs vinyl siding averages between 5 50 and 12 50 per sq.
Vinyl siding is a reasonably priced lightweight and virtually maintenance free way of providing thermal protection to the home s exterior. Hollow back and insulated or foam back. However vinyl comes in one of two primary variations. Worn cracked discolored siding will turn buyers away and could lower your home s value in an appraisal.