How Much Does New Vinyl Siding Add To House Value

The average homeowner spends 11 475 and recoups 78 2 percent or 8 975.

How much does new vinyl siding add to house value. Installing cheap or low grade vinyl might save money upfront but it s bad for resale value. The cost to replace siding adds 1 000 to 3 000 for removing the old siding. The cost to reside a 2 000 square foot home with vinyl is 7 100 on average. Low end siding replacement as you might have guessed doesn t make the list.

Find out why below. The overall cost varies based on the type of material used the size of the home and type of existing siding on the house. Foam backed vinyl siding is considered an upscale material choice. According to remodeling magazine s 2014 cost vs.

See the chart below. In terms of costs vinyl siding averages between 5 50 and 12 50 per sq. These are also some of the least expensive improvements that add curb appeal and value to your home. For a mid sized project valued at 15 072 you can recoup 11 554.

The average cost of siding for homeowners is between about 5 000 and 14 500 according to data by various sources. Hollow back and insulated or foam back. 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. Value report a midsize vinyl siding remodel will increase your home s value by 78 2 percent of the project s cost.

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 2018 cost vs. The report estimates that a. House siding costs 4 300 to 15 800 on average or between 3 to 11 per square foot depending on the home s size and materials used.

However vinyl comes in one of two primary variations. The average cost for a 1 250 square foot house is between 14 000 15 000. Let s dive into a few ways vinyl siding helps increase home value. Keep in mind that the exterior of your home is a buyer s first impression.

When it comes down to brass tacks all new siding for your home comes at a steep cost. Beautiful appearance durability low maintenance and energy efficiency. The increase in home value with re siding a home with foam backed vinyl is around 78 thus the overall value increase between 10 920 11 700. 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.