There is no Better Time to invest in New Siding, and Here’s Why !!!
Is your home’s exterior looking a bit rough after years of long, harsh winters and angry spring storms in the Kansas City area? Are you considering whether spending your hard-earned money for new siding is even a worthwhile investment? Do you have anything to gain, besides a boost in curb appeal ?
Consider what the pros in the real estate industry, what the experts have to say on the matter, and you will begin to see why investing in new siding means a whole lot more than just providing your home with a makeover.
Return on Investment (ROI)
According to the National Association of Realtors, (NAR) homeowners looking for the most bang for their buck in terms of remodeling projects, should put exterior replacement projects, like siding and windows, at the top of their lists.
According to their 2013 Remodeling Cost vs. Value Report, which was summarized on their consumer website, House Logic, your home recoup a high percentage of your investment on almost every exterior remodeling project, including new siding and windows.
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. Fiber-Cement such as JamesHardie has a ROI equally impressive at 79%.
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. To put that in perspective, a $10,000 investment in new vinyl siding will add $8,900 to your home’s asking price, which is really impressive.
A Contractor’s Perspective
Contractors know that siding is more than simply a cosmetic upgrade. Properly installed siding protects your home against whatever Mother Nature dishes out, whether it is winter storms, heavy spring rains, or the sometimes severe thunderstorms, and even those high winds of summer and fall.
From our point of view, siding is also a way to increase your home’s energy efficiency and repair structural damage and wood rott at the same time. Once your old siding is removed, we have the ability to replace or add insulation and or a house-wrap before new siding goes on, thus increasing energy efficiency which translates to saving you money on your energy bills throughout the year.
At the same time, the removal of old siding allows contractors to find and repair structural damage caused by leaks, dry rot or other factors, all from outside without the hassle, mess and extra expense caused by disturbing your home’s interior.
The BIG decision, Deciding Between Different Types of Siding
The U.S. Census Bureau tells us that vinyl siding is the most popular siding choice among U.S. homeowners today. There are many reasons for that including its toughness, style versatility, durability, and not to mention it doesn’t reveal nicks and scratches because color saturates it through and through.
Modern vinyl siding offers a vast improvement over vinyl siding from the 1950s and 1960s. Modern manufacturing standards regulated thru organizations such as the Vinyl Siding Institute aka VSI ensure that it will maintain its shape and integrity through all kinds of weather. It is also lightweight and often it can even be installed over existing siding,sometimes making it a versatile choice. Today’s siding requires minimal maintenance. Most top-quality brands offer transferable warranties which is a very attractive selling point when you decide to sell your house.
Fiber-cement siding is another popular option because of its durability, low-maintenance qualities and its resistance to weather and even fire.
Wood siding is a good option if you like the look of natural materials and you don’t mind repainting or re-staining it periodically. Wood siding with proper care and maintenance can easily last a century or more and is completely biodegradable.
NOW WHAT ???
In the end, a quality siding and window job from EEC adds real value, protection and curb appeal to your home and neighborhood, giving you a great return on your investment.