The Cost of Residing a Home

For many people, buying a home is the ultimate goal. However, the process doesn’t stop once the sale is complete — once you own a home, you also have to maintain it.

One of the most effective ways to keep your home in good condition and also enhance its curb appeal is to fix up your siding.

Signs You Should Reside Your Home

There will most likely be multiple signs that it’s time to redo your siding, and some of them will be more obvious to the eye than others. You might even find that a mortgage lender will be more promising if your siding is in good condition. If you notice a general look of distress such as loose planks with bubbles, holes, or mold present; then you should take a closer look. You might also find that your wallpaper is peeling and your pain isn’t lasting. Surprisingly, these signs will often coincide with a rise in your utility bills such as heating and cooling. Lastly, you should check for signs of dry rot. All of these issues most likely mean that it’s probably time for new siding.

Reasons to Do It

Though it can seem like a time-consuming investment, the process of residing will not only improve your house’s curb appeal but also improve the wellbeing of those who live inside it. Mold, mildew, and dry rot can all have a dangerous structural impact on the home. Not only can these signs be indicative of water damage to begin with, but they can also cause the siding to wear away which will ultimately leave the home unprotected against more water damage in the future. If left long enough, therefore, a home with damaged siding will only continue to decompose. Furthermore, rotted siding can also cause negative health effects for those living in the home— especially if you have allergies.

Cost of Residing Your Home

After considering all of these factors, it may very well be time to redo your home’s siding. The costs of this project can vary depending on the type of material you use and the size of your home. Before you invest your time and resources into the project, be sure to utilize an online estimator like Promatcher’s to get a sense of your potential Siding Costs.

According to Promatcher, most people pay between $3.25 and $6.89 per foot for new siding on their homes. As for different materials, some budget-friendly options include vinyl and fiber cement. Other materials like aluminum might cost more upfront but pay off long-term due to high durability. While it may be tempting to cut corners with the costs, always remember that the siding is not an independent, isolated element of your home. Instead, the siding is connected to the house’s wallpaper, paint, wood, air quality, and more. Ultimately, the health of your siding will play a key role in the health of other parts of your house as well.

How to Make the Costs More Feasible

As mentioned, you should always use a tool like Promatcher’s estimator to get a sense of the price before you jump into the project. Doing this background research will help you set your expectations to appropriate levels. You can also help yourself get great value for your money by ensuring you hire the right people to do the job. Look for reputable contractors who will talk to you about your different options. Not every siding material will be the right fit— or the right cost— for what you are looking for. Doing as much research as possible will help you pick the best option.

Finally, when considering the cost of new siding, it is also important to consider the value it will add to your home. It may be an upfront investment, but residing your home can greatly increase your resale price if you choose to sell. Just last year, the Home Remodeling Impact Report stated that adding a nicely completed vinyl siding will add resale value of over 60 percent of what the residing project cost you. This means that if the siding project costs you $10,000 upfront, you can get more than 60 percent of that amount back when you sell your house. Furthermore, the resale value may be even higher for different types of materials.

What It All Means

Overall, residing your home may seem like a lot of work, but it is worth it on many different levels. New siding will help preserve the structure of your home, prevent further costly damages down the line, increase the house’s curb appeal, and help create a healthy environment for you and your family. To top it all off, it will most likely pay for itself if you end up putting your house back on the market.