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Home Siding Replacement Guide

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Siding Replacements for Your Home

If you have owned your home for handfuls or decades of years, a refreshing your home’s siding has probably crossed your mind once or twice. A siding replacement project provides several benefits to your home. Aesthetically, it gives your home a new makeover and boosts its curb appeal. At the same time, replacing siding increases home value and makes it more appealing to prospective homebuyers, should you decide to sell.

Perhaps more importantly, new siding also protects your home’s structure from weather and the elements.  Problems that can arise when neglecting siding over time include insect infestations, moisture, mold and mildew growth – all of which can have severe ramifications on your home’s underlying structure.

If you are considering refreshing your home’s siding, Modernize is here to help. This Siding Replacement Guide is designed to help homeowners understand different types of siding, the cost of each, the return on investment to expect from a siding replacement, and more. Continue reading to learn everything you need to know ahead of a home siding project.

siding

Siding Replacement Return on Investment

One of the many reasons homeowners seek out siding replacement projects is due to the high return on investment. In fact, siding replacements yield one of the highest R.O.I rates of any home improvement project, which makes them an especially practical investment when homeowners plan to resell.

The 2021 Cost vs. Value report indicates that stone veneer siding replacements are one of the most valuable home improvement project in terms of costs recovered during resale. And this is not just for home siding projects – stone veneer siding installations trump every other home improvement project in terms of potential recovered costs, besides garage door replacements.

Take a look at what to expect in 2021 in terms of return on investment, based on the type of siding installed on your home:

Type of Siding Estimated R.O.I.
Vinyl 80%
Wood 77%
Stucco 70% to 75%
Stone Veneer 92%
Natural Stone 60% to 70%
Aluminum 77%
Brick 65% to 75%
Fiber Cement 69%

When is it Time to Replace Siding?

Beyond improving the curb appeal of your home and adding home value, there are times when siding replacements are necessary. Critical siding issues can not only compromise the structural security of your home, but your health and safety as well. Here are a few signs that indicate your home needs a siding replacement:

  • Rotting: If you detect rotting in your siding, it’s important to do a replacement, especially if the rot is spreading across the exterior of your home. Rotting siding can begin to crumble, in which case your home will be exposed to the elements.
  • Cracks and holes: Siding with cracks and holes can pose a danger to your home and your loved ones. These holes let in moisture and compromise your home’s structural integrity. It is especially imperative to get wood siding with cracks and holes repaired or replaced as soon as possible, as termites pose a threat.
  • Mold and mildew: If you detect signs of mold and mildew, check for sagging wallpaper, peeling paint, and crumbling drywall indoors. These are all signs of a larger moisture problem potentially caused by your faulty siding.
  • High energy bills: If you are experiencing absorbent energy bills, it may be a sign your siding isn’t doing its job properly. Look into installing energy-efficient siding when doing your replacement.

Types of Siding for Homes

These days, there are many types of siding materials to choose from for homes. Different types of siding vary in structure, appearance, cost, return on investment, and maintenance needs. Below you will discover the most common siding options used for residential homes, as well as their costs and benefits.

Vinyl Siding

vinyl-siding

Vinyl siding is by far the most popular siding material due to its low price, wide range of colors, and easy installation. This low-maintenance siding material does not require painting, does not warp or twist, and repels both insects and water. Vinyl is very easy to clean which makes it a long-lasting siding material. However, be aware that it can sometimes crack, melt, and burn in extremely warm temperatures. Wood grain integrated into the material’s surface gives it the appearance of wood siding.

Cost to Install

Benefits

  • Cost per square foot: $1 to $8
  • Average cost per 2,000 square feet: $2,000 to $16,000
  • Cost-effective
  • Easy to maintain and clean
  • Versatile colors and textures
  • Weather-resistant

Before you choose vinyl siding for your home, you should consider the overall architecture of your neighborhood. For example, you could diminish your property value by installing vinyl siding in a neighborhood where wood or stone siding is dominate.

Fiber Cement Siding

fiber-cement-siding

Fiber cement siding is another popular type of siding, made of a blend of concrete, sand, and cellulose fabricated with wood-like characteristics. Fiber cement is resistant to insects, fire, and heat – making it a good siding choice for warmer climates.

This siding material is sold pre-primed with a pre-painted options available at a higher material cost. It costs between $5 and $12 per square foot on average, making it one of the more costly siding options next to wood and brick. However, this higher cost is worth it to many homeowners, as it provides top-notch durability, a long lifespan, and about 70% in recovered costs during resale.

Cost to Install

Benefits

  • Cost per square foot: $5 to $12
  • Average cost per 2,000 square feet: $11,000 to $24,000
  • Fire and heat resistant
  • High R.O.I.
  • Long lifespan of 50+ years
  • Versatile designs

Although its painted surface offers versatility in home décor, it also presents a problem should you allow the paint to fail. Fiber cement siding can succumb to water and moisture damage during freezes, thaws, and rainy seasons due to improperly sealed surfaces.

Wood Siding

wood-siding

Wood siding perhaps carries the highest price tag out of all the types of siding, at $8 to $12 per square foot. Available in shingles, clapboard, as well as cedar sheathing, the beauty of wood siding is superior to most siding types. It can be painted or stained for versatile style options. Beyond aesthetic value, wood is impact-resistant and can last for decades. It is also known to award homeowners with a high resale value.

Cost to Install

Benefits

  • Cost per square foot: $8 to $12
  • Average cost per 2,000 square feet: $16,000 to $24,000
  • Considered a high-end siding material with high resale value
  • Various paints and stains available
  • Lasts for decades
  • Impact-resistant

Keep in mind, however, that wood can potentially warp, twist, and burn. In addition, it is vulnerable to insect infestation like termites, wood rot, and moisture when not maintained properly.

Brick Siding

brick siding

Brick is another high-end type of siding, comparable in price to fiber cement and wood. This type of siding is highly durable, comes in a variety of colors, and provides hefty insultation including sound resistance. Brick also creates a classic, timeless look for the home.

Brick siding also provides multiple weather-resistance benefits, including fire-resistance. It will not warp or require routine cleaning, unlike vinyl and wood siding.

Cost to Install

Benefits

  • Cost per square foot: $5 to $15
  • Average cost per 2,000 square feet: $10,000 to $30,000
  • Very low-maintenance
  • Superior strength and durability
  • Sound-proofing qualities
  • Weather and fire resistant

Some potential downsides to consider are the price point, and the fact that the color choices are limited. While brick can be painted, it does not support as many different colors as other types of siding.

If you want to use brick for your siding but do not want to commit to the cost of thousands of square feet, you can opt to feature brick siding in one area of your home’s exterior, while using a more affordable material (such as vinyl) for the rest).

Stone Siding

stone-siding

Homeowners who are interested in the appearance of stone siding can choose between either stone veneer siding or natural stone siding. Both types of siding will give the beautiful, modern appearance of stone. However, stone veneer is considered a faux manufactured stone, which means it will cost much less and yield a higher R.O.I. during a resale. Natural stone, on the other hand, is real stone and therefore has the highest price tag out of any type of siding.

Cost to Install

Benefits

  • Stone veneer cost per square foot: $5 to $10
  • Natural stone cost per square foot: $28 to $50
  • Stone veneer average cost per 2,000 square feet: $16,000+
  • Natural stone average cost per 2,000 square feet: $76,000+
  • Highly visually pleasing appearance
  • Does not fade over time
  • Very durable and low maintenance
  • High resale value

Choosing Siding Colors

Once you know which type of siding you want to go with, you can begin to pick out a color. Choosing siding colors can be one of the most enjoyable aspects of a siding replacement. While you may be drawn to a siding color right away, it’s helpful to use the following tips and steps to navigate the process:

  1. Determine your siding type. You may be limited on siding color options based on the type of siding. For instance, brick and wood allow for fewer color options, while vinyl color options are almost endless.
  2. Consider your home’s style. Home style is often a helpful indicator in which siding colors will work best. For instance, colonial homes work best with white, gray, and subtle colors. Victorian style homes better support bold colors and textures.
  3. Look at your front door, windows, and roof. It’s a good idea to choose a siding color that goes well with other exterior elements. For instance, you can contrast a dark front door or roof with a lighter colored siding, and vice versa. Keep in mind that you can always replace your door affordably to better suit your new siding replacement.
  4. Explore other homes in your neighborhood. Walking around and taking a look at other homes in your area is a good way to get siding inspiration and color ideas. Perhaps there is a home that you admire and shares your home’s style and build. Even better – if there is a home for sale in your neighborhood, take a look at its value online. This information can potentially indicate whether a home’s siding is resulting in a higher resale value.

Determining the Cost of Your Siding Replacement Project

Before diving into a siding replacement project, you probably want an estimate of what it will cost. Although your siding contractor will measure how much siding your home needs and provide you with quotes, you can also achieve a rough estimate yourself.

Here is a quick way to determine how many squares – one square represents 100 square feet- of siding you will need to purchase.

  • Measure and multiply the height times the width of all the rectangular sections of your home in feet to determine square footage. Do not subtract window and door openings to allow for waste.
  • Next, measure and multiply height and width of gable ends and any other triangular areas and divide the total by two.
  • Add all of the totals together and divide by 100.
  • The resulting sum will be the number of squares of siding you will need for your project.

Remember to thoughtfully consider quality and cost of each type of siding before finalizing your siding replacement plans. Your siding professional will also be able to guide you on the best type of siding for your budget, style preferences, geographical location and climate.

Be sure to consult Modernize’s handy Siding Cost Calculator to get an accurate estimate of what your siding replacement project will cost you, based on your specifications.

buying guide siding

Hiring a Siding Replacement Contractor

Because a siding installation is labor intensive, you will likely require a licensed contractor to perform the job. It is to your advantage to select a reputable contractor who is highly experienced with siding installation. A licensed siding contractor will also have the necessary insurance to cover the installation, materials, and labor. Our siding contractor checklist can help you ensure you are hiring the right professional for the job. Here are a few tips to help you navigate the hiring process:

  1. For any contractor you contact, request a written estimate that includes all costs involved. This includes removal and disposal of old siding, and other job-related debris. All estimates should be signed and dated. To eliminate confusion regarding contract details, clearly note the scope of the work, the contractor’s warranty, and how long the warranty is in effect.
  2. Check with any local government office that has information about licensed contractors as well as the Better Business Bureau (BBB) for contractors regarding past or present complaints. Be sure to hire a contractor with positive reviews and years of experience doing siding replacements
  3. Evaluate quotes from three to four contractors. Consider both cost and quality in your assessment. Keep in mind that you can negotiate cost in some instances.

Looking for a place to start comparing contractors and project estimates? Modernize is your go-to resource. Our network of siding contractors are highly experienced and qualified to get the job done.

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Maintaining Your New Siding

Proper care and maintenance of your new siding will help to extend its useful lifespan, as well as avoid additional damage to your home should it fail. Periodic cleaning and inspection will help you identify areas that may need attention. Remember that different types of siding require different maintenance and cleaning methods. Consult our siding cleaning and maintenance guide to learn how to best upkeep your home’s siding.

Simple caulking and painting, especially in high moisture climates, could save you hundreds of dollars in structural repairs.

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