If you’re thinking about replacing the siding on your house, you might be considering several materials, such as vinyl, wood and fiber cement. Affordability is likely one of your top priorities. When comparing options, think about the upfront cost, as well as potential long-term savings, maintenance and how new siding can impact your home’s resale value.
Figure Out How Much You Can Afford to Spend
If you’re on a tight budget, vinyl siding will probably be your best choice. It’s generally the most affordable kind of siding. Vinyl is durable and long lasting and available in a wide range of styles and colors. Some types of vinyl siding closely resemble wood but come at a fraction of the cost. If you have a larger budget, you might want to go with a more high-end option, such as wood or fiber cement.
Consider Long-Term Costs
Replacing your damaged or worn-out siding can make your house more energy efficient. That can lead to significantly lower utility bills, both now and for years to come. If you plan to stay in your house for a long time, you can spend more for quality siding and installation and enjoy lower heating and cooling bills that will more than cover the cost of the siding.
The lifespan of siding varies depending on the material, as well as the local climate and how well the siding is maintained. If you intend to live in your house for the foreseeable future, you might want to invest in a siding that will last as long as you own your home.
Think About Maintenance Costs
Any siding will require maintenance, but some types need more work than others. Vinyl siding is easy to care for. It just needs to be cleaned from time to time with soap and water.
Fiber cement siding is manufactured using a blend of Portland cement, sand, cellulose fibers and water. Like vinyl siding, it requires minimal maintenance to keep it clean and in good condition.
If you choose wood siding, you’ll have to repaint it (or hire someone to do it) every few years. That cost can add up over time.
Consider How New Siding Will Affect Your Home’s Resale Value
If you intend to sell your house at some point, you’ll want to recoup as much of your investment as possible. Although individual preferences vary, buyers generally look for houses with siding that’s attractive, energy efficient, durable and easy to maintain. Siding that checks all those boxes can help you sell your house for a competitive price in the future.
Find the Siding That Suits Your Home, Your Goals and Your Budget
Choosing the right siding will come down to several factors, including appearance, energy efficiency, longevity and cost. Research the pros and cons of different types of siding, request quotes from a handful of local contractors, and make the decision that’s best for you.
