Can you increase the value of your home by changing the siding? According to the “2019 Home Remodeling Impact Report,” the answer is “yes!” It adds that getting new vinyl siding will boost the valuation of your residence by 63% of the project’s expense.
So, you can recoup a considerable sum. Depending on the type of siding, you can potentially increase the return on investment and the pride of homeownership.
But how do you know when it’s time to replace the siding? While some homeowners might do it on a whim, others will want to know when it should be done. According to one source, installing new siding can cost between $5,567 and $17,529. The average is about $11,435. So, it will take a tangible financial commitment.
That said, failing to tackle the project on time can result in higher energy bills, water damage, and even pest infestation. So, it makes sense to know when it’s time for an upgrade.
Keep reading to see four signs you need to replace your siding sooner rather than later.
1. Existing Siding Is Damaged
A telltale sign it’s time to replace your residence’s siding is significant physical damage. Some imperfections can be repaired, but widespread damage warrants replacing the siding altogether. Cracks and holes will, if not fixed, lead to the risk of mold, energy inefficiency, and pests. And leaving these problems unfixed will worsen the problem over time.
If in doubt, contact a reputable siding company for an inspection and some recommendations.
2. It’s an Eyesore
While siding is about more than aesthetics, the visual appeal is essential. Homeowners want their residences to have substantial curb appeal. Curb appeal, of course, refers to how attractive the exterior of your home is.
If the siding is worn and torn, has missing pieces of siding, or otherwise looks to be in poor shape, you may want to correct that problem.
Contacting a provider and installer of quality siding products is the best course of action since you can find out what’s available and choose the right one based on your tastes and budget.
Siding will give the exterior of your home a new lease on life. It may be just what you need to boost curb appeal.
3. Upkeep Expenses Are Going Through the Roof
While it can make sense to fix and repair siding in some cases, you’ll want to be wary of throwing good money after bad, as the saying goes. So, if expenditures on fixing it are adding up with no end in sight, that’s a good indication that you need to replace, rather than fix or repair, the siding.
Failing to go this route could cost you more over the long term since issues like water damage and mold could wreak havoc. Correcting such problems can cost a small fortune — and then you’ll have to invest more to replace the siding.
4. The Plan Is to Sell the Home
When selling a home, you should make it as move-in-ready as possible. That will generate the most interest since many home buyers prefer homes that won’t require immediate work.
While you don’t necessarily have to replace the siding before moving, it can be a good idea if your current siding is aesthetically off-putting, damaged, or well past its life span. It can make sense to upgrade the siding so that the home shows well when people book a viewing.
As you can see, there are various reasons you might want to replace your home’s siding. The important thing is to work with a good siding company so you get good customer service, products, and installation.
