Does Vinyl Siding Lower Home Value

But when choosing among different materials you may have wondered does luxury vinyl plank increase home value the answer is a resounding yes due to its affordable price point and added benefits of versatility gorgeous new looks and water resistance.

Does vinyl siding lower home value.

Re siding with vinyl is estimated to increase your home s value by 78 2 of the project s cost. Value report a midsize vinyl siding remodel will increase your home s value by 78 2 percent of the project s cost. Above all it is important to maintain the architectural integrity of the property to add value. According to remodeling magazine s 2018 cost vs.

Vinyl siding is a great way to not only make a huge impact on the appearance of a home but also increase its overall value. Value report replacing siding increases home value by 76 7 of the project cost. Siding is made to last many things around the house require constant upkeep. For a mid sized project valued at 15 072 you can recoup 11 554.

However this addition can lower its value. If your home is historically significant vinyl siding can devastate your home s value. According to remodeling magazine s 2014 cost vs. Replacing vinyl siding can increase home value october 17 2016 by renew home design team vinyl siding is plastic exterior siding that is applied to a house which is used for weatherproofing decoration imitating wood clapboard and used in place of other materials such as fiber cement siding or aluminum.

The report estimates that a. Vinyl siding may lower your home s value on the front end it does make financial sense to cover your old peeling wood siding with fresh inexpensive vinyl siding.