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What Siding Has Best Resale Value?

1 week ago by MWCR

Stone and brick outer walls give back the most money when you sell your home, paying back 92-95% of what you spent. Fiber cement siding comes in second, returning 84% of costs and lasting over 50 years. Vinyl siding is cheaper but still gives back 74% of your investment. Real wood siding returns 70-80% in high-end neighborhoods. Keep in mind that these payback rates change based on where you live, what buyers in your area like, and your local weather.

Key Takeaways

  • Stone and brick veneer siding provides the highest ROI at 92-95%, adding nearly $83,000 in value on an $87,500 investment.
  • Fiber cement siding offers the second-best ROI at 84% and increases home value by 6% compared to vinyl.
  • Vinyl siding delivers a 74% ROI with lower upfront costs, making it a cost-effective choice for budget-conscious homeowners.
  • Natural wood siding returns 70-80% of investment and helps homes sell faster in upscale markets.
  • Engineered wood siding provides 60-75% ROI while offering eco-friendly benefits and simple installation.

Understanding ROI in Siding Replacements

Siding replacement costs can pay off when you sell your home. The amount you get back compared to what you spend is called ROI (return on investment). When looking at home upgrades, new siding often brings back more money than many other outdoor improvements.

To figure out if siding is worth the money, you need to look at several things – what the materials cost, what you pay workers to install it, and how long the siding will last.

While better siding materials cost more upfront, they often save money over time because they last longer and need less upkeep.

Studies show that siding that lasts more than 20 years usually gives the best value back, especially in places with tough weather or where houses sell for higher prices.

Fiber Cement Siding: The Premium Choice

Fiber cement siding leads the high-end home market, making up nearly 20% of new siding jobs in wealthy areas. This mix of cement, sand, and wood fibers stands up incredibly well to rot, fire, and bad weather, lasting over 50 years.

When homeowners sell their houses, they often get back about 84% of what they spent on this siding.

Homeowners love how fiber cement can look just like wood siding but work much better. It comes in many styles and colors, and stays looking fresh with little work – you only need to paint it every 15 years.

Houses with fiber cement siding tend to sell for 6% more than those with vinyl siding, which is why it’s popular for luxury homes and old house updates.

Vinyl Siding: Budget-Friendly Returns

Vinyl siding leads the market for home exteriors, making up 32% of new siding projects and giving homeowners back about 74% of their money when they sell. People choose vinyl because it’s cheaper, lasts long, and needs little care, making it a top pick in many housing areas.

Today’s vinyl looks better than ever, with makers creating styles that look like real wood and offering more color choices. Builders say good backing materials and careful measuring are key to stop the siding from warping when weather changes.

Getting pros to install it costs $3-7 per square foot, much less than fancier options. More and more middle-income homeowners pick vinyl siding, especially in suburban neighborhoods where people want good value for their home upgrades.

Buyers like that vinyl lasts 20-30 years and needs very little care to stay looking good.

Natural Wood Siding: Classic Appeal

Natural wood siding costs more upfront at $8-12 per square foot when installed, but it gives back 70-80% of its cost and makes homes look special, which high-end buyers love.

Cedar, redwood, and cypress are top picks because they fight off rot and bugs naturally.

Studies show that homes with well-kept wood siding sell quicker in fancy neighborhoods where long-lasting beauty matters most. Using wood from responsible tree farms helps the environment, which many modern buyers care about.

Keep in mind that wood needs care, like new stain or paint every 4-6 years, when thinking about your return on money spent.

Even though it needs more work to maintain, real wood siding keeps drawing in buyers who want genuine craftsmanship and a classic look that stays in style.

Engineered Wood: Modern Value

Engineered wood siding gives homeowners a good return of 60-75% on their money while only costing $3-7 per square foot when installed. More homeowners are choosing it because it’s cheaper but still good quality. It’s made by mixing real wood pieces with strong glues, which helps the environment by using recycled wood and making installation easier.

Feature Benefits Market Impact
Strength Lasts 20-30 years Good money back
Setup 30% quicker than regular wood Less worker costs
Upkeep Little work needed More buyers like it
Material Uses recycled wood Good for environment
Warranty 25-50 year backup Better resale value

Studies show engineered wood fights off water better than natural wood and doesn’t need painting as often. Since it comes pre-painted and in standard sizes, workers can put it up faster, which saves time and money on the whole job.

Stone and Brick Veneer Options

Stone and brick veneer siding gives back the most money when you sell your home, returning 92-95% of what you spend to put it on. Homes with stone or brick veneer sell for more money and find buyers more quickly than houses with regular siding.

  1. A stone veneer project typically costs $87,500, but adds about $82,875 to your home’s value.
  2. Brick veneer lasts over 50 years, needs little upkeep, and makes homes more attractive to buyers.
  3. Local housing markets show that homes with stone or brick fronts sell 12-15% faster than similar homes with other types of siding.

While stone and brick veneer cost more to install than other siding choices, their long life and strong selling power make them worth the money for homeowners who plan to sell.

Regional Market Considerations

If you want your home to sell for more money, pick siding that matches what local buyers want.

Near the ocean, people pay more for fiber cement siding because it stands up to salty air and strong storms.

Up north, many homeowners choose vinyl siding because it helps keep homes warm and costs less.

In the southwest, stucco is popular because it handles heat well and fits the local style.

Weather plays a big part in what siding works best in different areas.

In wet places, buyers look for siding that won’t get damaged by moisture, like engineered wood.

Places with very hot and cold weather need siding that helps keep indoor temperatures steady.

Research shows that homes with siding that fits the local weather and style can be worth 5-12% more than homes with siding that doesn’t work well for the area.

Maintenance Costs vs. Resale Benefits

Siding choices show clear differences in upkeep costs and resale value.

Looking at the numbers shows that paying more at first often means spending less on upkeep later and getting more money back when selling your home.

Important upkeep costs that affect resale value:

  1. Fiber cement siding gives back 77% of its cost and needs little care, costing $300-500 each year to maintain.
  2. Vinyl siding gives back 68% of its cost and needs very little care, costing only $50-100 yearly.
  3. Wood siding gives back 70% of its cost but needs lots of care, costing $700-1,000 every year.

These numbers show that better materials might cost more to buy at first, but they often pay off by needing less care over time and adding more value to your home when you sell.

Frequently Asked Questions

Does Siding Color Affect Home Value When Selling?

The color of your home’s siding can affect its selling price. Buyers prefer simple, classic shades like gray, beige, and white. These colors help homes sell faster and for more money. How your home looks from the outside shapes what buyers think about it and how easily it will sell.

How Long Should I Wait After Installation Before Selling My House?

Wait 6-12 months after putting new siding on your house before trying to sell it. This gives the siding time to set properly and helps your home’s value go up. Today’s homebuyers like to see houses where outside work has had time to fully take hold.

Can I Install New Siding Over Existing Siding to Save Money?

Adding new siding on top of old siding might save you money at first, but it can cause problems. It can trap water between layers, make your home’s insulation work less well, and put extra weight on your walls. Before going this route, it’s best to have an expert look at your house first.

Are There Specific Siding Warranties That Appeal More to Future Buyers?

Strong siding warranties that can pass to new owners make homes more appealing to buyers. Studies show people value warranties that protect against wear and tear, faulty materials, and poor installation work.

Should I Match My Siding to Neighboring Houses for Better Resale Value?

Homes that look similar to others in the neighborhood tend to sell for 5-10% more. You don’t need to pick the exact same siding as your neighbors, but choosing colors and styles that work well together helps your home’s value and makes the whole street look better.

Conclusion

At MWCR Homes, we’ve seen fiber cement siding deliver the best returns for homeowners, typically ranging from 77-83%. While vinyl remains a solid choice with 63-75% ROI and low upkeep needs, we tailor our recommendations based on your local market. Our experience shows that traditional neighborhoods often benefit from wood siding, while modern developments see stronger returns with engineered materials. We help homeowners weigh installation costs, maintenance needs, and neighborhood trends to boost their property value.

Midwest Construction and Remodeling 15098 23rd Ave N, Plymouth, MN 55447 (763)-200-1946 https://mwcrhomes.com/

Filed Under: Renovation And Remodeling

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