Does New Siding Increase Home Value?
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New siding adds significant value—with the help of pros, it can truly stand out.
New siding provides an average ROI of 75%, and most homeowners see a return of between 60% and 100%.
The type of siding you install, how energy-efficient it is, and your home size and layout are the biggest factors affecting your return.
Replacing siding costs an average of $11,500, and since it’s an exterior project that boosts curb appeal, you can expect an average return on investment (ROI) of 75%. More expensive types of siding can bring that number down to 60%, while affordable, energy-efficient options can provide an ROI up to 100%. The type of siding you install, its energy efficiency, and the cost of installation will all affect how much new siding increases home value.
Factors That Influence Siding Value
There are a few things you should consider to get an accurate estimate of the ROI that new siding will provide for your home.
Type of Siding
The type of cladding or siding you pick will affect both the cost and the curb appeal you add to your home. Higher-cost materials like real brick or stone are more visually appealing, but they also cost two to three times as much as simple vinyl siding. As such, they’ll boost home value more, but the ROI is lower because the cost is significantly higher.
| Type of Siding | Average ROI |
|---|---|
| Aluminum | 75% |
| Brick | 70% |
| Brick veneer | 80% |
| Engineered wood | 80% |
| Fiber cement | 80% |
| Stone | 65% |
| Stone veneer | 100% |
| Stucco | 70% |
| Vinyl | 80% |
| Wood | 70% |
Siding style can also play a role in your costs. Regardless of the material, styles like board and batten siding cost more due to increased installation time and labor costs.
Location
Where you live affects how much you’ll pay for labor to install your new siding, which plays a role in ROI, but also what types of siding offer the highest return.
Labor accounts for 50% of siding installation, on average, so installation costs can be significantly more expensive in areas where the cost of living is higher. Higher installation costs normally mean a lower ROI, although housing costs in your area affect your return, too.
Different types of siding can also offer varying levels of return based on your location. In extreme climates, you’ll see more value from any home improvements that maximize home efficiency, and siding is no exception. Certain types of siding are also more popular in specific geographic areas, like stucco in the southwestern states, and you’ll generally see the highest ROI if your home conforms to some extent to the siding styles in your neighborhood.
Home Size and Layout
The cost of your siding replacement will depend on the size and layout of your home, so your expected ROI will also vary based on these factors. Siding installation will be more expensive if your home has many bump-outs or a complex design, and you’ll pay more (in total and also per square foot) for siding installation on a home with a second story. All of these factors that increase installation costs can also cause your ROI to dip.
DIY vs. Hiring a Pro
Siding installation is doable as a DIY project, especially if you choose vinyl or aluminum, which you can install in large sheets. DIYing your siding will reduce costs by 50%, which would normally mean a much higher ROI.
However, it all depends on how smoothly the installation goes and how professional an appearance you can get. Siding boosts home value because it improves curb appeal, so if you make mistakes that leave your home looking less appealing, you could actually see a negative impact on your value. For the best results and the biggest positive bump to home value, hire a siding professional near you.
Curb Appeal
Exterior projects like siding replacement boost home value more than most interior projects because they improve your home’s curb appeal, which leaves potential buyers with a positive first impression of your home. That initial opinion colors their view of the rest of your property. As such, the more appealing your new siding is due to proper installation and material, the higher your ROI will be.
You can use this to your advantage to maximize your ROI. For example, cedar siding costs up to $30 per square foot but looks similar to pine, which tops out at $5 per square foot. Pine won’t last as long, but as far as appearance and ROI go, you’ll get more return from the more affordable material.
Energy Efficiency
More and more buyers are looking to optimize efficiency when purchasing a home because they know greater efficiency helps reduce their carbon footprint and also means lower utility bills over time. More insulating types of siding, like stucco and insulated vinyl siding, will provide a higher ROI, especially in more extreme climates.
Old Siding
Finally, the type of siding you’re replacing can affect the cost of the new siding and, by extension, the ROI you’ll see. Removing and hauling away heavy material like real stone or brick will increase demo costs and cut into your return. Alternatively, installing new siding over old siding will often lead to lower costs and a higher ROI. Installing siding over stucco or brick may reduce ROI a bit, as your pro will need to install furring strips to attach the new material.
More importantly, if your old siding is made of asbestos shingles, you’ll pay more to hire a siding contractor to encapsulate them or safely remove them before installing new siding. Due to the added costs, this could drop your ROI from an average of 75% to under 60%.
How to Estimate the Added Value of New Siding
New siding increases home value, but how much? The answer to that question gets complicated, as many factors influence the ROI of all new siding installations, as well as other factors you may need to consider. Below is a quick guide on estimating the ROI you can reasonably expect.
Calculate the cost of your new siding. You should always start by estimating the cost of new siding. You can use the information in the next section for a rough estimate or get formal quotes from siding contractors in your area.
Look at comparable properties. Knowing your market can help you make an informed decision. Look at properties similar to yours in size, condition, and location, and see if you notice any patterns when it comes to list or sale price and exterior upgrades, like new siding.
Consider market demand. Try to gauge how in demand the siding you’re considering is. Drive around your neighborhood and take note of other homes. Are most of them fitted with stucco siding? If so, conforming to the standard in your area by going with stucco could help maximize ROI.
Ask a local real estate agent. Ask your real estate agent what projects you should carry out before listing. They understand your local market and can help you put your money toward the projects that will give you the best return.
Get appraised. You can also order an appraisal, which is a more formal assessment of property value. Ask your appraiser to include expected value changes based on siding replacement.
Cost to Install New Siding
The average cost to install new siding is $11,500, but prices can range from a few thousand dollars to $50,000, depending on the type of siding, your home size, and more. You can use the table below to get a cost estimate based on the type of siding you’re considering.
| Type of Siding | Cost (per sq. ft) |
|---|---|
| Aluminum | $3–$6 |
| Brick | $10–$20 |
| Brick veneer | $3–$10 |
| Engineered wood | $1–$6 |
| Fiber cement | $5–$14 |
| Stone | $7–$30 |
| Stone veneer | $5–$11 |
| Stucco | $7–$9 |
| Vinyl | $3–$12 |
| Wood | $1–$15 |
Is New Siding Worth It?
Like most exterior projects that boost curb appeal, installing new siding is one of the best things you can do to bump up your home value, but you should know that you’ll rarely see the full cost of the siding in ROI. On average, your home value will increase by 75% of the cost of the new siding. If you’re planning on moving soon, you’re probably better off leaving your current siding unless it’s an eyesore and is actively detracting from curb appeal and perceived value.
On the other hand, new siding may be worthwhile if you plan on living in your home for some time before selling. Not only can new siding improve curb appeal, but a high-efficiency material like stucco or insulated vinyl siding can save you money on heating and cooling bills before you sell, improving ROI even further.
How Angi Gets Its ROI Data
Home is the most important place on earth, which is why Angi has helped more than 150 million homeowners transform their houses into homes they adore. To help homeowners maximize the value of their investments, we gather ROI data from reputable sources, including industry reports, real estate studies, and interviews with market experts. We calculate the average resale value for projects by multiplying the ROI against the project’s average cost according to our cost data, which is sourced from thousands of real Angi customers.
Want to help us improve our data? Send us a recent project quote or home appraisal value to [email protected]. Quotes and personal information will not be shared publicly.
Frequently Asked Questions
Stone veneer siding has the highest potential ROI, often providing a 90% to 100% ROI. This siding provides a high-end look at less than half the cost of real stone siding, so the return is much higher. Choosing insulated stone veneer siding can push your ROI even higher, especially if you live in an extreme climate, where foam insulation behind the siding can help reduce heating and cooling costs.
Siding lasts for between 20 and 40 years, at a minimum, but the lifespan you’ll see from your new siding depends on the type. Vinyl and aluminum siding have average lifespans of 20 to 40 years, while wood and real stone siding can last up to 75 years. Steel and fiber cement siding can last even longer and often have a minimum lifespan of 50 years. The climate and weather in your area play important roles in siding lifespan.
Stucco siding is the most energy-efficient option on its own, but you can choose insulated vinyl, insulated metal, or insulated brick or stone facade siding that improves energy efficiency even further. These options include a layer of foam insulation under the siding to reduce heat transfer between your living space and the exterior. If you live in a particularly sunny climate, a reflective option like insulated steel or aluminum siding can maximize efficiency.
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