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Does your home need new siding?
Large home improvement projects like replacing siding usually are not cheap, but they are a good investment to make in your home.
Keep reading to learn more about the average cost to replace siding as well as factors that increase the cost and how you can save money through the process.
What Is The Average Cost to Replace Siding?
The cost to replace siding is broken into two main costs: removing your current siding and then installing the new siding. Removing old siding typically costs around $1,000-$3,000. The price for installing new siding varies much more and can cost around $5,000 to over $20,000 for larger projects.
These numbers are just averages. The cost can quickly increase or decrease based on many different factors, such as where you live, how much siding needs to be replaced, the material you choose, and more.
Factors That Impact Siding Cost
As with most home improvement projects, there are many different factors that impact the cost of replacing siding. A few of the main cost indicators include:
1. Type of Siding You Choose
There are many different types of siding and the prices vary greatly. Each type of siding has different pros and cons. Vinyl siding, for example, is affordable comes in many different colors but doesn’t last as long as other options. Wood siding looks beautiful, but is very expensive and requires a lot of maintenance.
Don’t simply choose the cheapest siding to save money. Make sure you do your research to see which type is best for your needs. Cheaper siding may need to be replaced more often, which can cost you more money.
2. Size of Your Home
Typically, the larger your home the more siding you’ll need to purchase. Since siding is sold by the square foot, it’ll be more expensive to replace siding on a larger home.
Additionally, if your home has a unique shape it will cost you more. Fitting an oddly-shaped home takes more time and requires workers to custom-fit siding pieces. This requires more time and you may need to purchase more siding than you would for a straightforward job.
3. Labor and Time to Install
After you purchase materials, one of the most expensive parts of replacing siding is hiring professional labor to get the job done.
You can save money by purchasing siding and then installing it on your own. However, you should proceed with caution if you choose to make siding installation a DIY project. Poorly installed siding can damage your home and siding problems may cost you even more money in the future.
Learn More About Replacing Siding on Your Home
Replacing the siding on your home may cost a lot of money upfront, but it’ll worth your money in the long-term. New siding adds value to your home and protects it from the elements.
If you still have questions about the cost to replace siding or the different types of siding, make sure you check out the rest of our website for more advice that will help you through the process.