The cost to replace siding on your home can vary by a number of factors. For example, the size of your home, your home’s location and the type of siding that you choose to install are all relevant in determining the cost of your siding replacement project. Even for a smaller home, this type of project can be expensive, and it makes sense that a homeowner would want to select a material that is truly cost-effective. When you are trying to decide which material you should install on your home, it is important to consider a few important points to determine which is best suited for your home and your budget.
The Cost of Installation
According to Fixr, vinyl siding is perhaps one of the most affordable types of siding available, but there are different grades of vinyl siding that you can choose from. A mid-grade vinyl siding material that is professionally installed in most areas of the country may cost between $250 to $300 per square foot. Metal siding is a material that is priced in the moderate range for homeowners, and wood siding may be the most expensive type of siding found on homes today. Wood siding costs will vary depending on the type of wood that is used as well as other relevant factors.
While the up-front cost of installation is an important factor to consider, it is also important to consider the cost of ownership for the various types of siding. All materials may become damaged over time, and some require regular maintenance tasks in order to keep them looking great, according to Home Advisor. Vinyl siding may have minimal maintenance costs over time, and it generally may not need to be repainted. However, there is a chance for moisture and humidity to become trapped inside the home, and this creates the potential for mold growth. Fiber cement siding may only need to be repainted once every five to ten years.
The siding that you choose to install on your home will also play a role in the energy efficiency of your home over the years. Siding has an R-value, and you can inquire about the R-value of your materials through the contractor you work with. Generally, wood siding has the highest R-value, and this means that it can help you to reduce heating and cooling costs for the life of the siding. This can be a true benefit to you that you can enjoy throughout your time in the home.
A final factor to consider is the longevity of the material. The life span of siding can vary considerably, and this is due in part based on the material itself as well as other factors. For example, how well you maintain it and if you make repairs to it as needed in a timely manner will impact how long the material lasts for you. Wood siding that is well-maintained will have the longest overall life, and this is because it may provide you with up to 100 years of use. This means that you may never have to replace the siding again if you choose wood, but you will need to properly maintain it.
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When you are trying to decide which material is most cost-effective, you may think about how long you plan to stay in the home. For example, if you only plan to be in the home for a few years, choosing an affordable vinyl siding material may be the best choice. If you plan to remain in the home for decades, wood may be the best option, because of its energy efficiency and longevity. The fact is that the material that is cost-effective for one homeowner may not make sense for another one, and you should pay attention to your ability to maintain the material is desired and your overall living plans when you are making this important decision.