Nothing helps your home look more attractive or last longer than the beautiful siding, but not all siding materials are created equal. Siding replacement doesn’t come up very often, but when it does, it can have huge benefits for you and your home’s value if done correctly. There are plenty of benefits to having your siding replaced, including improved curb appeal, added insulation, and better overall protection from the elements. If you’re wondering whether it’s time to upgrade the siding on your house, consider these top five benefits of siding replacement in 2022.
Home Insurance
Your home insurance may cover siding replacement and will likely cover a lot of the cost. However, if your deductible is high, then you may have to pay for some or all of the cost. The coverage may also depend on the type of material used and other factors such as age or faulty installation. You should consult with your insurer before proceeding with any repairs or replacements. If your policy doesn’t include coverage for siding replacement, you may want to consider purchasing an extended warranty for your home. Be sure to read through the contract thoroughly so that you know what is covered by the warranty and what isn’t.
A Resale Advantage
When a home has new siding, it increases the resale value. Potential buyers will prefer your home over similar properties without new siding if you are trying to sell for a profit.
An increase in the market value of your property is the benefit that everyone likes. Homeowners who replaced their roofs received over $2,000 more when they sold their homes just one year later!A worry-free exterior: No longer will you have to worry about painting or repairing your home’s exterior. New siding makes upkeep so much easier and keeps your house looking good year-round. A better quality of life: Living next door to an old, rundown house with peeling paint and decaying wood trim can make your place feel shabby by comparison, even if it is well maintained. Being surrounded by peeling paint and broken windows can be unpleasant for the whole neighborhood—not just for yourself.
Increased Energy Efficiency
If you’re interested in improving your home’s energy efficiency, now is the time. Lowering your utility bills and making your home more comfortable are just two of the benefits of a siding replacement project. With advancements in architectural finishing and new types of siding materials available, there has never been a better time for an upgrade. You can even choose from Energy Star-rated products that qualify for tax credits or rebates at the state or federal level. Plus, when you factor in maintenance costs over the lifetime of your house, this major improvement will save you money on heating and cooling costs.
Updated Look
Removing old siding has become the norm for many homeowners who desire a fresh look and the vibrant new color that comes with siding replacement. This is one of the best ways to update your home, giving it a different feel. The impact on your curb appeal is obvious, as is the difference in temperature during the hot summers and cold winters. It can help make you more comfortable year-round, which makes for a better living environment. The energy efficiency increases as well, so there are savings associated with siding replacement in addition to an updated appearance!
Durability
Wood siding and asphalt are great, but they don’t last forever! With time and wear, these materials start to deteriorate and crack, exposing the raw product underneath. Ultimately, this leads to the need for repair or replacement. But with vinyl siding, you’re buying a product that is designed with a long lifespan-potentially 30 years or more! That’s what we call longevity. Plus, vinyl siding is made from recyclable materials, so it’s eco-friendly too! In terms of the cost of ownership over the lifetime of your home, vinyl may be your best option.