Vinyl Siding And Resale Value

Fiber cement siding s roi was equally impressive at 79.

Vinyl siding and resale value.

According to remodeling magazine s cost vs value report a siding replacement will recoup about 76 at the time of resale but they do not specify which material. All of these strong features point toward vinyl siding as the ideal cladding solution for your home. If you re updating your home with the intent to sell there are a few colors to steer clear of. Over a quarter of the homes built in 2017 had vinyl siding according to the us census bureau s 2017 characteristics of new housing.

The average homeowner spends 11 475 and recoups 78 2 percent or 8 975. On average homeowners recouped 72 9 percent of vinyl siding replacement costs in 2013 69 5 percent in 2011 2012. Installing cheap or low grade vinyl might save money upfront but it s bad for resale value. Among mid range projects vinyl siding replacement ranks no.

The resale values for siding replacement have held steady. 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. Medium gray siding adds resale value. Vinyl siding is one of the most common exterior materials for homes.

These colors had their brief moment in the sun but buyers now consider them outdated. Vinyl siding is inexpensive easy to obtain popular quick to install and simple to maintain. Michael moloney shutterstock vinyl. Siding a home like this one is sure to maximize your curb appeal and resale value.

However in some areas vinyl may get less of a return than wood while in other areas vinyl may actually lower the value of a home if it replaced wood siding. Just about any shade of gray is a safe bet these days but this mid toned gray cedar shake impression with white azek trim and a dark brown entry door is a beautiful combination that sure to do wonders for resale value. For example you can expect to recoup 83 of an investment in new vinyl siding at resale according the nar s 2015 remodeling impact report. Low end siding replacement as you might have guessed doesn t make the list.

Vinyl siding colors and resale value. Greens yellows and dark browns typically put off buyers. The upside is the variety of choices in style color manufacturers and price which can be on lower end if you install the typical 4. And according to a report by cnbc vinyl siding can recoup up to 89 of its initial cost when the time comes to sell your home.

Light neutrals are a great pick because they go great with other darker neutrals and other colors to give details to your home s exterior.