Does Aluminum Siding Increase 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.
Does aluminum siding increase home value. Re siding with vinyl is estimated to increase your home s value by 78 2 of the project s cost. If you pay 22 603 for an asphalt shingle roof you may get a 15 392 boost to home value. You might be expanding your family or moving somewhere smaller as your needs change. According to remodeling magazine s 2018 cost vs.
With upgraded siding you enhance your curb appeal which will bring more buyers through the door. If the exterior of your home is looking rough and weathered replacing the siding is one of the best ways to boost resale value. Let us now examine some of the primary aluminum siding pros and cons. Value report replacing siding increases home value by 76 7 of the project cost.
Vinyl siding has a better cost recovery and will increase the value of your home for resale more than aluminum would. If you install a metal roof you ll pay 38 600 and may get a 23 507 boost to home value. Find out why below. Here are some of the siding colors that offer the best resale value for your home.
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. However as with any siding there are both positives as well as negatives when it comes time to clad your home with aluminum. Siding is made to last. Siding does increase home value.
Aluminum siding is usually a little cheaper than vinyl siding but there s a reason for that. For a mid sized project valued at 15 072 you can recoup 11 554. Siding is a cost effective way to protect and update your home. Let s start with thickness.
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. Worn cracked discolored siding will turn buyers away and could lower your home s value in an appraisal. Therefore you will have only paid 7 244 which you may not get back in home value. Value report a midsize vinyl siding remodel will increase your home s value by 78 2 percent of the project s cost.
Depending on the location of the home as well as other factors aluminum can be an excellent siding choice. 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. Since aluminum is more prone to damage it can hurt your home s value over time. But does it really increase home value.
An off white or wheat color is a better pick than pure white for your home s exterior. Brand new or damaged siding can drastically affect your home s value.