Cost Vs Value Siding
The 2019 cost vs value feature compares average costs for 22 remodeling projects with the value those projects retain at resale in 136 u s.
Cost vs value siding. An average cost to install fiber cement siding ranges between 850 to 1 450 per square. Value 2020 2020 cost vs value report this site compares average costs for 22 remodeling projects with the value those projects retain at resale in 101 u s. For example if the expected roi on siding were 60 for a project that originally cost 10 000 then the installation of new siding would increase the home s sale price by about 6 000. Home will cost 10 000 to 42 000 to side with brick or stone.
In recent years the roi for fiber cement has come in at 79 while perhaps surprisingly vinyl obtains an 82 plus rate of return. Include factory trim at all openings and corners. Fiber cement siding carries a certain premium in terms of costs versus vinyl. Usually it costs around 2 dollars a square foot which roughly translates to about 7 000 when installed in an average sized home.
For homes in the country s west south central region which includes texas oklahoma arkansas and louisiana fiber cement was the best value in siding returning an expected 77 1 of the. The average 2 000 sqft. Value report siding replacement in general has a 76 4 roi. The annual cost vs.
A typical mid range fiber cement siding installation costs just a tad over 17 000 to 30 000 with a recouped value of about 78 to 80. Vinyl siding costs way less than lp smartside engineered wood siding. This explains why it s used by most homeowners looking to renovate their homes on a budget. 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.
2 50 to 4 50 per square foot for siding and all trim accessories. Brick siding costs 7 to 15 per square foot to install while stone siding costs 17 to 30 per square installed. Replace 1 250 square feet of existing siding with new vinyl siding installed to the manufacturer s specifications. 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.
According to the 2019 remodeling cost vs.