If you’re considering vinyl siding as the material for your home improvement project, you also need to think about the value it can add to your property. Vinyl siding home value will increase, though it helps to get the bigger picture for vinyl siding ROI.
Home renovations are always an investment in your home. You must keep up with it over the years. As one of the best ways to increase home value, siding has the potential to do so quite quickly. Once siding is installed, it instantly changes the appearance and curb appeal of your home. How much home value vinyl siding adds depends on several key factors that you’ll want to look at before making this investment.
Pinnacle Home Improvements, a reputable siding contractor, provides you with the details you need to determine the increase in your home’s value.
Benefits of Vinyl Siding
For homeowners who need to replace aged or damaged siding, vinyl siding provides plentiful benefits:
Enhanced Curb Appeal and Design Flexibility
Since vinyl siding comes in many colors, styles, and textures, it allows for many ways to update your home’s exterior. It can enhance any architectural design, and installation can be done quickly, boosting curb appeal immediately.
Durability and Low Maintenance Benefits
Vinyl siding is a durable material that can stand up to weather and temperature fluctuations. High winds and impacts from debris can cause damage, but for most weather events, it’s more than capable of protecting your home.
Unlike other materials, vinyl siding is easy to care for. The best way to clean vinyl siding is with a garden hose on low pressure, rinsing dirt, grass clippings, and other debris away. Some siding materials, like wood, require a lot of maintenance and making repeated investments into its care to prevent wearing out before the end of its lifespan.
Energy Efficiency and Insulation Advantages
While vinyl siding itself isn’t the most insulating material for a home, it can easily be insulated with foam board during the installation. This allows it to affordably help keep your home’s interior at your desired temperature in any season, keeping your energy costs down.
Financial Value of Vinyl Siding
Vinyl siding cost is a factor you’ll take into account when considering this home upgrade. Depending on the grade you choose, you may pay $2 to $7 per square foot installed, making it a minimal upfront investment.
As mentioned, vinyl siding doesn’t require much in terms of maintenance, meaning that long-term costs are also lower for this material. How does this translate to vinyl siding’s impact on your overall home resale value?
The average home value increase for new siding is 75%, but this number can vary widely, as there are many things that impact ROI. It helps to take a deeper look at estimating ROI to see how much it could potentially make your home’s value rise.
Estimate the Cost of New Siding for Your Home
Before having siding installed, take your cost estimates provided by siding contractors and use them to determine how much of an investment you’ll be making into your home.
See What the Neighbors Are Doing and Compare Similar Properties
Looking at homes that are similar to yours in terms of size, location, and condition. You’ll want to look for patterns and see if any have made exterior upgrades, such as new siding, and whether that has led to a higher list price. Your neighbors, even if their homes are different, can also provide important clues. If you see that most of them have vinyl siding, this could potentially maximize your ROI.
Get an Appraisal
The best way to know the ROI for new siding on your home is to have a formal assessment of your property’s value. An appraiser can factor these things in and help you determine how much this siding project will increase the value of your home.
Innovations in Vinyl
Material innovations in vinyl siding are making it an even more popular material for siding replacement. Improvements have been made in both formulations and manufacturing, which make vinyl siding stronger. This means it will be less likely to crack or suffer damage upon impact. These new formulations also help lock in colors, preventing fading caused by years of UV ray exposure.
Since vinyl siding panels must lock into place to provide the best protection from moisture penetration, new and improved locking systems have been developed to give them a tighter and more secure fit.
Along with new installation techniques for installing insulated panels, vinyl siding has come a long way in improving homes across the board. Additionally, as consumer focus centers around sustainability, vinyl siding manufacturers are looking for best practices by incorporating recycled materials into the siding to reduce waste.
Vinyl siding is also trending in many ways, with a shift toward bolder colors like navy blue or charcoal gray. Matte finishes have pushed out shiny, glossy looks, which contribute to a contemporary style. Since vinyl is easy to create in a variety of textures, homeowners are using it to create custom appearances for their homes without spending a fortune using other materials.
Premium materials like wood, brick, or stone can all improve ROI on a home, though the initial investment can be too steep for many. Additionally, the need to keep up with maintaining those materials adds to the cost. Vinyl siding makes those styles more attainable while still increasing a home’s value.
Visual Appeal: Enhancing Your Home Through Vinyl Siding
Vinyl siding can instantly create a crisp and clean, modern aesthetic for your home. Since it comes in many styles, like Dutch lap or recreates the look of wood shakes, it provides an affordable way to enhance your home’s exterior.
The color options are robust, too. While darker colors are trending, you can choose any color to elevate the look of your home. Textures can be combined from smooth finishes set alongside wood-grain for even greater customization that makes your home stand out.
No matter what materials you use on the exterior of your home, improving your curb appeal is always a step in the right direction for increasing its value. When you keep it well-maintained and stylish, you’ll get greater ROI on your property. As homes age, they need a little more love put into them.
When you have old, worn, or damaged siding, it can make your home less appealing to buyers if you’re thinking of moving. By investing in this upgrade, vinyl siding can instantly transform it from looking dated and uninhabitable to looking modern and coveted.
First impressions matter when it comes to homes, and when it looks well-kept, it’s most assuredly going to command a higher selling price. Along with it, the low maintenance factor means that you’re not going to be constantly pouring money into maintaining vinyl siding like you would with other materials.
Some buyers might be disappointed it’s not real wood, but others will be relieved that they won’t have to spend a small fortune on keeping up with it through the years.
How Pinnacle Home Improvements Can Help with Vinyl Siding
At Pinnacle Home Improvements, we know that it may seem overwhelming to dive into a home improvement project like siding. Most homeowners have never had to replace their siding before and aren’t sure what to do. We make it as simple and stress-free as possible by helping you through the entire process.
Steps for Installing Vinyl Siding
The first step is to contact us for a free consultation and estimate. Our siding contractors will come and evaluate your siding needs, take measurements, discuss warranty options, and provide a quote. You’ll learn about the types and grades of siding, including their features and benefits. You can then choose the colors, textures, and styles you want. If you’re not sure what would look best, we can help you with that, too, allowing you to feel comfortable with your decision.
Once you’ve selected your vinyl siding, our team will get to work on removing the old siding. We will install your new vinyl siding and insulation with precision to prevent moisture intrusion and protect your property. After we finish, we’ll inspect our work and provide you with our GAF-certified workmanship warranty for added peace of mind.
How to Select the Best Style and Color for Your Home
While we’ll help you find the right options, it’s a good idea to learn how you can choose the best vinyl siding style and color for your home. You’ll want it to match your home’s architectural style rather than clash. Modern homes tend to do well with bolder colors, while traditional styles shine with classic neutral palettes.
However, climate may play a role in your decision, too. In a hotter climate, you’ll want to gravitate to lighter colors to reflect heat. If you live in a community with an HOA, you will want to ensure you don’t upset the balance while also choosing colors that you find appealing. Pinnacle Home Improvements is here to help from start to finish. Schedule your free quote today!
