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Different types of siding provide unique aesthetic and structural features, with each material commanding its own cost. Availability of materials and shipping costs also factors largely into the cost. The common types of siding materials include:

• Stucco: $7–$9 per square foot

• Wood: $1–$15 per square foot

• Engineered wood: $1–$6 per square foot

• Aluminum: $3–$6 per square foot

• Fiber cement: $5–$14 per square foot

• Brick: $10–$20 per square foot

• Brick veneer: $3–$10 per square foot

• Stone: $7–$30 per square foot

• Stone veneer: $5–$11 per square foot

Whether or not your homeowners insurance covers EIFS stucco siding depends on the insurance company and the specifics of the policy. Some insurance companies will not cover EIFS due to its susceptibility to moisture damage, and some companies will only cover EIFS manufactured and installed after a certain date, since newer systems mitigate potential damage concerns better than older ones.

Many people remove aluminum siding to get to the wood underneath, allowing them to paint, stain, or finish the wood to give the home a brand-new aesthetic. With that in mind, you find plywood and related types of wood underneath aluminum siding, but you also run into fiber cement board, strand board, and a diverse array of other building materials. It depends on the original design of the house. 

Yes, the thickness of siding is an important factor to consider when replacing it. Siding thickness helps to determine how your home retains and redirects heat. While thicker siding has a premium price, it offers greater strength and durability, stronger insulation, better wind and weather resistance, increased rigidity, and better soundproofing.