Vinyl Siding: How much does it improve the resale value of a home?
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jkennedy442 asked:
My fiancee and I just moved in together at her home. The plan is to fix it up and probably move within the next 1-3 years. She thinks that Vinyl siding is the way to go, but I think since the chances are we will be selling the house that I should just paint it myself. We got an estimate for 17k for the vinyl siding and she seems to think that we will get all or most of that back in the resale value of the home. Does anyone have a clue if this is true?
Dorothy
My fiancee and I just moved in together at her home. The plan is to fix it up and probably move within the next 1-3 years. She thinks that Vinyl siding is the way to go, but I think since the chances are we will be selling the house that I should just paint it myself. We got an estimate for 17k for the vinyl siding and she seems to think that we will get all or most of that back in the resale value of the home. Does anyone have a clue if this is true?
Dorothy
January 9th, 2008 at 12:12 pm
well, a lot of people dont want to buy a house an then have to repaint it every 5 years, so they like to see siding on a house. Will you get your money back??? I would say, at most, break even, and maybe sell it faster than without. It also depends on the condition of the current siding. if its in real bad shape (rotting, etc.), then do the siding instead of painting.
January 9th, 2008 at 3:50 pm
Personally, I dislike vinyl siding and no, I don’t think you would recoup 17k …. stucco would be nicer than vinyl.
January 10th, 2008 at 4:33 am
I doubt that you would re-coop the 17k, I would repaint it to give it curb appeal if the new owners want it sided let them go to the expense. Most people buy based on how it looks, the same as with the interior, the money would be better spent on the inside in the kitchen and bathroom areas as these two things are what most people look at when buying a home, as long as the outside appearance is clean and neat and landscaping is attractive I would opt for repainting it.
January 10th, 2008 at 1:23 pm
Vinyl siding will definitely increase the value of any home. As far as 17k worth …. that depends on the size of the house…..if there is really that much siding then the price would reflect the approximate amount you could expect to see the value go up.
Call around…17k sounds a little high……dont tell us that you called Sears or someone like that…..shop around…..
vinyl siding should cost you around $350-400 per square (10′x10′) for your walls and about $10-12 per foot for eaves and overhangs……