Does Vinyl Siding Add Value To Your Home

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

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They ll assume that the interior is also in disrepair.

Does vinyl siding add value to your home.

If your home is historically significant vinyl siding can devastate your home s value. Installing cheap or low grade vinyl might save money upfront but it s bad for resale value. According to remodeling magazine s 2014 cost vs. Worn cracked discolored siding will turn buyers away and could lower your home s value in an appraisal.

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. Probably the biggest way siding adds value to your home is with its beauty. 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. Adding new vinyl siding to your home can increase the value by approximately 76 7 of the project cost according to remodeling magazine.

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. However this addition can lower its value. Vinyl siding may lower your home s value on the front end it does make financial sense to cover your old peeling wood siding with fresh inexpensive vinyl siding.

Add some shake siding and your house becomes a vintage cottage. Brand new or damaged siding can drastically affect your home s value. If the outside of the home is in poor condition some people won t step inside. Siding does increase home value.

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