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5 Key Benefits of Investing In New Siding & How Much It Costs

Posted on November 3, 2023

Estimated Reading Time : 6 Min.

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5 Key Benefits of Investing In New Siding & How Much It Costs

If you want to renovate your home’s exterior, one of the questions you might have asked yourself is: should I invest in new siding? And, if yes, how much does new siding cost?

Siding, as you know, works two ways. It protects your exterior walls against the elements and increases your home’s curb appeal and sale value. But, like any other part of your home, your siding can sustain damage over time, requiring the need for repair or complete replacement. 

In this blog post, we will discuss signs that you should invest in new siding and the benefits of doing so. We will also go over the cost of installing new siding materials, including vinyl and fiber cement. 

Benefits of Investing In New Siding

There are plenty of reasons why you should install new siding for your home: 

1. Boost Your Home’s Curb Appeal

The first impression matters, and your home’s exterior is the first thing visitors and potential buyers see. Investing in new siding can instantly transform your home’s curb appeal, making it more visually appealing. With a wide range of materials, styles, and colors available, you can choose siding that perfectly complements your home’s architecture. This will make your home stand out in the neighborhood, and if you decide to sell, it will increase the asking price. 

2. Improve Energy Efficiency 

As you know, old and damaged siding can lead to energy inefficiency in your home. Gaps, cracks, and weathered siding can allow cold air in during the winter and hot air in during the summer, causing your energy bills to skyrocket. Investing in new siding with proper insulation can significantly improve your home’s energy efficiency, helping you save money on heating and cooling costs.

3. Enhanced Protection

Siding serves as a protective barrier for your home, shielding it from harsh elements like rain, wind, and snow. Over time, aging siding can become vulnerable, leading to leaks, moisture damage, and mold growth. 

Moreover, old or damaged siding can provide an entry point for pests such as termites and carpenter ants. These unwanted guests can cause significant damage to your home’s structure. Investing in new siding can act as a barrier against these pests, keeping your home safe and sound.

4. Opportunity To Show Off Your Style

Choosing new siding for your home gives you the opportunity to express your personal style, as you can customize your siding to best fit your home’s architecture. From the classic and timeless appeal of traditional siding materials like wood and brick to the contemporary and low maintenance features of vinyl and fiber cement siding, there are endless options to explore. 

5. Modern And Eco-Friendly Options

If you’re environmentally conscious, you can look at the eco-friendly siding options available. Materials like fiber cement and engineered wood siding are sustainable choices that use recycled materials and require fewer resources to manufacture.

When To Install New Siding 

While you can choose to install new siding for purely aesthetic reasons, there are some signs that indicate your siding needs to be replaced. 

1. Extensive Damage

new siding

If your siding has significant damage, such as large cracks, holes, or severe rot, it’s a clear sign that a replacement is in order. Leaving such damage unaddressed can lead to further problems, including structural issues and water infiltration.

2. Fungus, Mold, and Mildew

new siding

The growth of mold, mildew, or fungus on your siding is not just an aesthetic issue, it’s a sign of moisture infiltration. This not only affects your home’s appearance but also poses health risks. Replacing the siding, in this case, can eliminate this problem and prevent it from occurring again. 

3. Frequent and Extended Maintenance

Frequent maintenance can be costly and troublesome. If you find yourself constantly repainting, patching, or re-caulking your siding, installing a new siding can be a more cost effective option. New siding options are designed to be low maintenance, saving you time and money in the long run.

4. Fading and Discoloration

As siding ages, it can lose its vibrancy and start to fade or change color. This not only affects your home’s curb appeal but also indicates that the protective qualities of your siding are diminishing. Replacing faded siding can restore your home’s aesthetics and safeguard its structural integrity.

5. Energy Inefficiency and Increased Cost 

Old or damaged siding can compromise your home’s insulation, leading to higher energy bills. If you’ve noticed a significant increase in your heating and cooling costs, replacing your siding with energy-efficient options can help you save on utilities.

6. Warping, Buckling, and Cracking 

Siding that warps or buckles is a sign of underlying issues, such as moisture infiltration or poor installation. Addressing this problem promptly by replacing the siding can prevent further damage and maintain your home’s structural integrity.

7. Loose, Missing, or Dropout Panels

Siding can become loose due to impacts or severe weather. Loose or missing siding panels not only detract from your home’s appearance but also expose the underlying structure to the elements. Strong winds, rain, and pests can further damage your home. Replacing the damaged siding is essential to maintain your home’s safety and aesthetics.

8. Age of Siding

Siding tends to last, but over time it can show signs of deterioration, discoloration, warping, buckling, cracks, and rot. If your siding is reaching the end of its expected lifespan, it’s a good time to consider replacement. Most siding materials have a finite life, and delaying replacement can lead to more extensive and costly issues.

9. Difficulty Selling Your Home

Your home’s siding is one of the things buyers notice at first glance. Since it is intended to increase your home’s curb appeal, faded, discolored, worn-out, and moldy siding can potentially decrease your home’s value and portray poor maintenance. Therefore, investing in new siding can significantly improve your home’s curb appeal and marketability.

Also Read: The 7 Best Siding Replacement Options of 2023 & How To Replace Old Siding

How Much Does New Home Siding Cost?

There are many types of siding to consider for your home, each with its own advantages, disadvantages, and associated costs. 

Vinyl Siding: Vinyl siding is one of the most affordable options, with costs ranging from $4.50 to $8.20 per square foot. It’s low maintenance and comes in various styles and colors.

Wood Siding: Wood siding is a classic choice but tends to be more expensive, typically ranging from $6.90 to $13.90 per square foot. The exact cost can vary depending on the type of wood, such as cedar or redwood, and its availability.

Fiber Cement Siding: Fiber cement siding offers durability and a wood-like appearance. The average price of installing fiber cement siding ranges from $4.70 to $8.50 per square foot.

Brick Siding: Brick siding is a premium choice for homeowners seeking longevity and a timeless look. This siding can cost from $5 to $15 per square foot. 

Stone Veneer Siding: Stone veneer is a high end option, costing between $10 and $30 per square foot. It provides a luxurious, natural stone appearance.

Metal Siding: Metal siding can vary widely in price, with basic steel siding starting at $4 per square foot and premium options like copper or zinc reaching much higher price points. The aluminum siding can cost $5.60 to $10.30 per square foot. 

Engineered Wood Siding: Engineered wood siding is a more affordable alternative to natural wood, with costs falling in the range of $4 to $8 per square foot.

Note – It’s important to note that these are approximate material costs and don’t include installation expenses, which can vary depending on your location and the complexity of the project. To get an accurate estimate for your specific needs, it’s recommended to consult with local siding contractors. 

Final Thoughts 

The decision to invest in new siding for your home is one that offers numerous advantages, from boosting curb appeal to increasing your home’s value and improving energy efficiency. With a wide range of materials and styles available, you can tailor your choice to your specific preferences. 

Contact BRH Enterprises In Mayville, WI, For Your New Siding Installation 

BRH Enterprises in Mayville, WI, is one of the leading roofing and home exterior renovation companies in the area. With decades of experience, their expert team proudly serves all of Wisconsin. If you are thinking of installing new siding or need repairs, consult with the professional and proficient siding installers at our company. Contact us today at (920) 249-4228! 

The team of contractors at the company can handle any roofing and home improvement project, including roof installation, replacement, roof repair, and siding and gutter installation.

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