This is one of the first questions most homeowners ask when they are beginning to look at replacing the siding on their home.
While this question is very difficult to answer, I will try to provide some basic guidelines on pricing and the variables involved.
Siding your home can be comparable to purchasing a car. There are a lot of options available and prices will vary drastically. While some people are looking for an inexpensive option to get them from A to B and don’t care about Air Conditioning, Power Windows/Locks, Premium Stereo, etc; others want all of those things, along with the latest technology (Wireless Phone Charger, Heated/Cooled Seats, Built-In GPS) The price can range from $20k to well over $40k for the same basic model, once all of the options are added.
So if the average American doesn’t keep their vehicle for more than 5 years, why do so many decide to go with so many of the upgrades? Answer: Because it is important to get what you want the first time to avoid any regrets in the future.
You will drive up to your house pretty much every single day of your life, so you don’t want a daily reminder of a mistake that you made when making that purchase. For this reason, most homeowners will try to select the product that will make them happiest long-term.
Unfortunately, some customers will focus only on the overall price of the project, in an attempt to find the cheapest contractor, therefore compromising ease of maintenance, quality, warranty and aesthetics, which inevitably will lead to regret. Especially since you cannot trade in your siding for a different option, if you are not satisfied with the end result.
Unlike purchasing a new car, the value of your home can be increased with the purchase of new siding,
Some common options that affect the price of a siding project include the following:
-New Trim -New Fascia
-New Soffit/Vented Soffit -Decorative/Accent Siding
-New Windows/Doors -Address Panels
-Outlet & Water Spigot Panels -Decorative Trim
Given all of the variables that can go into a siding project, Here is a general idea of the different types that you will see in the Midwest most often.
Vinyl Siding: $3 – $7/sf Installed
OSB Siding: $6 – $11/sf Installed
Fiber Cement Siding: $7 – $13/sf Installed