The siding of your home helps protect it from external elements and damage. Over time, small or large areas may need to be repaired or replaced. Several experts agree that the benefits of new siding are worth considering for any savvy homeowner.
At first thought, you may not consider the siding on your home something worth investing in if you’re trying to increase your home’s value. Will replacing your siding add more value to your home and property? The short answer is yes. Keep reading, and we’ll explain why.
Increased Curb Appeal
It only takes seconds for someone to make a first impression, and the same is true of your home when it comes to potential buyers. The external appearance of your home significantly influences perceptions before anyone even steps inside or looks at perfectly staged pictures online. Because the exterior of your home can have such a significant impact, most realtors will stress the importance of minor and even major touch-ups.
Chipped or fading paint, missing panels, and an outdated appearance will turn people away almost instantly, and this will drastically lower your chances of selling your home at a value you’re happy with. One of the biggest exterior factors influencing potential buyers is your home’s siding. While you work to improve landscaping, windows, and more, overlooking this one thing can be your downfall because it will tank curb appeal. This alone is reason enough to put new siding at the top of your to-do list before putting your home on the market.
Increased Energy Efficiency
What does the siding on your home have to do with your home’s energy efficiency? Depending on its condition, siding can help your air conditioner and heater maintain your home’s temperature with less exertion. Just off the bat, this affects the cost of your utility bills during the warmest and coldest months of the year.
Vinyl siding on a home typically has foam insulation that prevents energy leaks that drain your wallet. The impact of siding on utility costs is so commonly known that it’s not out of the ordinary for prospective buyers to ask for past utility bills to gauge its energy efficiency. If someone asks to see your energy bills, it will be beneficial if you can show a before and after, highlighting improvements since the new siding installation. Providing peace of mind that energy costs won’t skyrocket while keeping your home comfortable in more extreme seasons can be a major selling point for buyers who are on the fence or weighing other options. When you combine that with an increased curb appeal, you’ll have a much better chance of selling your home for a higher price with a return on your investment.
Protection from Harsh Weather
Vinyl siding will protect your home from external elements. Depending on your siding’s quality and installation, it can withstand wind speeds up to 110 mph. In areas frequently affected by hurricanes and other major storms, homes with insulated vinyl siding are more likely to sustain less visible damage and water damage.
The energy-saving foam core makes insulated vinyl different from traditional vinyl siding as it acts as a shock absorber that improves impact resistance. This matters most when sustained heavy winds, hail, debris, and anything else hits the side of your home with force or speed. This means your home is not only protected, but it also keeps its appearance and curbside appeal for a longer period.
Low Maintenance
No one wants to add more to their already growing to-do list. The amount of maintenance your home requires is another significant factor that will impact the decision of potential homebuyers. People will pay more for a lower maintenance home if it means they’ll get more time back in the end. While your home’s siding will visually add to your home, you’ll likely receive offers if it requires a lot of maintenance.
Consider the current siding on your home. It may not need repair, but how much time, money, and effort have you spent in the last few years on its upkeep? The process of home buying is arduous and taxing in and of itself. You’ll be hard-pressed to find a potential buyer willing to take on more work, especially if their current home has lower maintenance vinyl siding.
Conclusion
While it’s not the most common thing homeowners think of before putting their home on the market, the type, quality, and condition of the siding on your home will significantly impact your home’s value. Even for homeowners who don’t plan to sell their homes soon, considering an update to insulated vinyl will increase your home’s energy efficiency and provide greater protection during storms. If you want to make sure your home’s siding is up to par, or if you have questions about replacement, contact Legacy Restoration for a free quote.