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Engineered wood siding is still a relatively new type of siding, so it’s hard to say with certainty how long engineered wood siding will last. That said, homeowners should expect to get somewhere from 20 to 30 years out of their engineered wood siding, especially if they keep up with maintenance, including painting it every 10 years. Painting the exterior of a house costs an average of $3,150.

There are several highly durable types of siding that you can build right on top of without removing it, with wood being one of them, provided it's in excellent condition. However, a common reason for siding replacement is to eliminate materials that are in poor condition, making installing new wood siding over old not recommended. Additionally, the cost of adding siding over existing siding can increase costs to between $7 and $13 per square foot.

The average cost to replace siding is $10,500, but you should expect to pay an average of $12,000 to install new siding over stucco. The additional cost goes toward assessing the old stucco for damage, any necessary repairs before the new siding goes up, and the materials and labor required to install furring strips over the stucco to attach the new material. Even with this additional cost, installing siding over stucco is often more affordable than removing the stucco and starting over.

While you can perform minor siding repairs or even install it yourself over small areas, it is generally best to hire a professional siding company. Siding installation is a time-consuming and complicated process that requires specialized tools and experience. Most homeowners lack the skills to ensure proper alignment, weatherproofing, longevity, and durability, especially for more complex jobs like vertical siding. The money saved on a DIY project may not be worth the time and potential risks of improper installation.