How Much Does Siding Add To 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.

How much does siding add to home value.

Value report replacing siding increases home value by 76 7 of the project cost. The overall cost varies based on the type of material used the size of the home and type of existing siding on the house. In terms of costs vinyl siding averages between 5 50 and 12 50 per sq. 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.

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. For a mid sized project valued at 15 072 you can recoup 11 554. See the chart below. 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.

The return on investment is well documented. According to remodeling magazine s 2018 cost vs. Siding is made to last. Value report a midsize vinyl siding remodel will increase your home s value by 78 2 percent of the project s cost.

The report estimates that a. You might be expanding your family or moving somewhere smaller as your needs change. Find out why below. Siding is a cost effective way to protect and update your home.

But does it really increase home value. Re siding with vinyl is estimated to increase your home s value by 78 2 of the project s cost. According to remodeling magazine s 2014 cost vs.