The average cost to replace siding, by the numbers On a square foot basis, expect to pay around $7.50-$15.00 per square foot depending on the house and product.
Vinyl siding is sold by the square, which is equivalent to 100 square feet of material. So, if the square footage of your house is 2,000 square feet, you want to divide that number by 100. The answer would tell you that for a 2,000 square foot house you need approximately 20 squares of vinyl.
According to the 2023 Remodeling Cost vs. Value Report, replacing your existing siding with fiber cement adds an average of $17,129 to your home's value. That's based on replacing 1,250 square feet of pre-primed and painted siding, and it represents an 88.5% return on the cost of your siding project.
Vinyl siding is often considered the cheapest option for house remodels. It is vinyl siding made from PVC (polyvinyl chloride) resin, making it lightweight yet durable. Its low cost is mainly due to its ease of production and installation, which can significantly reduce labor costs.
The cost of vinyl siding installation ranges from $2.50 to $10.75 per square foot. Homeowners with a 1,000-square-foot home can expect to pay between $2,500 and $10,750 for vinyl siding while homeowners of a 4,000-square-foot home can expect a bill ranging from $10,000 to $43,000.
Siding Material and its Lifespan
Quality vinyl siding may last several decades, depending on its quality and the climate. Wood siding may last from 15 to 40 years but requires a lot of maintenance. Aluminum siding may last up to 30 years with basic maintenance (and you'll probably have to repaint it at some point).
The price of a successful project can always be negotiated with your contractor before you sign a contract. Talk to your siding contractor about your budget. Make sure you have a written agreement for any unexpected project expenses.
Every house is different, but a typical tear-off and siding installation project may take between 7 to 14 days. There are many things that can extend the time such as the size of your house, whether you're using prefinished siding or if it needs to be painted, and unexpected repairs.
In most cases, professionals recommend installing windows before siding to avoid extra trim and siding work.
Siding is ordered in “squares”. One square equals 100 square feet, so multiply height x width, then divide by 100 for total “squares".
The Impact Of Materials
Vinyl soffit and trim run about $4-$6 per linear foot and $8-$12 per sq ft. Wood: Wood is a premium option, providing timeless appeal. Siding prices range from $10 to $30 per square foot, while trim and soffit can run between $10-$20 per square foot and $5-$10 per linear foot.
Gray: Gray has become a popular neutral recently, and for a good reason. It's a sophisticated color that can work with various decor styles. Whether you choose a light or dark gray, it's a timeless color that will never go out of style.
Neutral Colors Have the Best Resale Value
Similarly, a study by Opendoor stated the most popular exterior siding colors in 2022 were: Gray - 30% Wood (Stained) - 27% Beige - 26%
If you're looking for a siding option that screams modernity, consider fiber cement siding. Known for its sleek and clean lines, fiber cement has become a go-to choice for contemporary homes in 2024. Its durability, resistance to pests, and fire-resistant properties make it a practical and stylish option.
A typical homeowners policy's dwelling coverage may pay for damage from a covered peril to your home's structure and anything permanently attached to it, including damaged siding, up to your policy's limits and minus your deductible.
Vinyl siding is almost always the least expensive way to side your home. You can even find vinyl siding for as cheap as $2 per square foot. Of course, you're going to be looking at your home's siding for many years to come, so it's important to balance the cost with what material you like looking at.
Vinyl Siding: Best installed in moderate temperatures (spring or fall) to prevent expansion and contraction issues. LP SmartSide: This engineered wood siding can be installed year-round but performs best when not exposed to extreme temperatures during installation.
The average cost of siding is about $12 per square foot, but the cost of wood siding replacement can be as little as $2, and stone siding can reach $50 per square foot. There's quite a variation.