Posted on Friday, January 27th, 2012
The top 2 remodeling investments are bathrooms and kitchens, but I bet you’ll be surprised by the third best investment: vinyl siding. Even though you might not expect it, vinyl siding is a great investment in your home. With modern manufacturing techniques, most people can’t even tell if the siding is vinyl. Vinyl is a durable and versatile material that can be made to look like cedar shake, logs, bricks, stones, and anything else you can imagine.
Vinyl siding is one of the most affordable siding options available. Due to the price and performance, vinyl siding provides a very high value for homeowners. Averaging around $300 per square (square = 100 square ft.) for mid-grade, it can cost up to $600 per square for higher quality.
Typical installations cost more than $7,000, but there are some details that are included in that cost. Fascia, soffits, and window channels sometimes cost an extra fee, but it’s good if the costs are included in the per square pricing model. After a job well done, vinyl siding refinishes will retain at least 95% of their value. So your expense is actually an investment in your home.
Trim, crown moldings, and corner boards are essential to replacing vinyl siding, but they are considered extra components. Most contractors will tack-on extra costs for their installation. Be sure to establish the exact prices of all of the details before signing the contract.
Vinyl siding should be .4 inches thick or thicker. Make sure there is a warranty for at least a year after installation. Within a year, most installation problems will show up and you should be able to have them fixed at no cost.
You can change the look of your entire home with one, affordable renovation. Not only will your house look good and perform better with the weather, a vinyl siding refinishing will add value to your home.
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