Does Vinyl Siding Add Value To Your Home
Add some shake siding and your house becomes a vintage cottage.
Does vinyl siding add value to your home. In terms of costs vinyl siding averages between 5 50 and 12 50 per sq. If the outside of the home is in poor condition some people won t step inside. However this addition can lower its value. Siding does increase home value.
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. Value report a midsize vinyl siding remodel will increase your home s value by 78 2 percent of the project s cost. 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. 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. They ll assume that the interior is also in disrepair. 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. Probably the biggest way siding adds value to your home is with its beauty. In addition to its efficiency and durability vinyl siding totally changes the look of your home. Worn cracked discolored siding will turn buyers away and could lower your home s value in an appraisal.