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How Does My Siding Impact Property Value?

While you should never judge a book by its cover, the same cannot be said for your siding. Curb appeal relies heavily on your siding and exterior house elements. Potential homebuyers will make their decision when they pull into your driveway. Buyers historically pay 7% more for homes with great curb appeal than homes with neglected exteriors. A first impression can sometimes be the only impression, and warped or faded siding can deter buyers. Many Boston homeowners wonder if new siding will increase home value, and Capital Construction is here to break it down.

The Costs of New Siding
Homeowners want a higher curb appeal but are the costs of new siding worth it? New siding is shown to bring in more buyers, improve curb appeal and increase home sale prices. Replacing your siding is expensive because you will need to find a contractor, choose materials and get an estimate based on the roof size. If your home has damage, you will also have to consider the repair costs. If your Boston home has damage, you must replace your siding, regardless of the impact on property value. You will have more challenges selling your home if there is any damage.

Weather and Time Mean It’s Time for New Siding
Nothing lasts forever, and that includes your siding. Harsh weather conditions can cause damage and lead to your siding needing replacement sooner rather than later. Choosing the right siding can help safeguard against pests, weather, and potential fires. However, over time your home can face structural issues if the siding begins to fail. Clear signs that it is time to replace your siding include

Loose, rotted, warped, or missing panels
Color fading
Moisture in the home
Higher heating and cooling bills
Mold, rust, and mildew
Bubbling paint
Cracks, chips, and breaks
Various paint jobs in a short time

You should clean your siding once or twice a year, and when you wash it, you should also inspect your siding for any damage. Signs of damage mean it’s time for a consultation with Capital Construction.

Lower Costs Alternatives
While damage signifies something is wrong, you might not need to change the entire siding. Sometimes you can repair damaged panels or boards. This is a temporary solution, but it is a lower-cost alternative and can address the issues that damage causes. Even a tiny problem leads to vulnerabilities in the home like water, dirt, insects, and air making her way inside. If your siding is fading, a fresh coat of paint can give it new life. A new paint job can increase your property value and curb appeal and is cost-effective. Some siding materials, like metal and vinyl, cannot be painted, and it can lead to additional maintenance problems.

Siding That Increases Home Value
You need new siding when your Boston home needs more than a coat for fresh paint or minor repairs. New siding replacement can cost you thousands of dollars, so many homeowners want to avoid it. However, you will get most of the investment in the resale value. Vinyl and fiber cement siding have the most significant return on investment, with 82% and 86% ROI. New siding also increases your energy efficiency. If you are not looking to sell in the near future, you will benefit monthly through your energy bills.

Factors to Consider When Choosing Siding
You will be plagued with a slew of options when you are looking to replace siding. You must weigh the pros and cons of every material, among other things. You should first consider your current siding and may want something similar instead of making a drastic change. In some cases, new siding can be used in tandem with old siding. The Boston area has changes in temperature, and you should consider the weather when choosing your siding material.

If you want ideas for the type of siding you should purchase, drive around your neighborhood and see what other homeowners have chosen. Blending in can help curb appeal and property value. When a home stands out, that can be good or bad. Color is also an important factor. If you don’t plan to stay in the house, opt for a neutral color instead of something bold. Most importantly, you must find the right contractor. You Can have the best materials, but the wrong contractor can lead to additional problems.
Choosing Your Siding Material
There are many siding materials, each with advantages and disadvantages. A nationwide popular option is vinyl siding. Boston homes will enjoy the low maintenance, affordability, and versatility of vinyl siding.

You will have many styles, colors, and customization choices for vinyl siding. You can pick from the following:

Dutch lap

Vinyl siding has an 80% ROI. Another popular siding material is fiber cement, available in wood and stone finishes. You can get the siding in shingles, panels, and planks. It resists hail damage which is a significant selling point. It can last up to 50 years which is very attractive to Boston homeowners.

Wood siding is beautiful and eye-catching, but it requires extensive maintenance. It also attracts termites and bugs. It is easy to install and repair and has a 77% ROI. Aluminum siding is also a popular option because it is affordable and long-lasting. It is waterproof, easy to install, and insect resistant. Aluminum can generate a 77% ROI.

Steel is low maintenance and durable. It is fire-resistant and can withstand winter storms. One downside is it has poor insulation. ROI ranges from 86% to 95%, depending on other factors. As you can see, there are many siding material options, and they have high ROIs. Discuss your options and the best siding for your home during a consultation with Capital Construction.

Capital Construction Has Siding Options
Whether you are looking to sell your home or have siding damage, you must consider siding replacement. New siding will increase curb appeal and the number of potential buyers. It also reduces energy costs and makes your home comfortable. When considering siding replacement, speak to the team at Capital Construction for options.

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