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How Much Does it Cost to Install New Siding for Your Home?

New siding may not be the most exciting home renovation project on your radar, but one of those things you just have to do when the time comes. Siding is a vital component of the home’s construction, and aside from the roof, it is your home’s first defense against the elements. There are also cases where siding is refreshed because of the new colors, materials, and values available on the market today. Getting a house ready to sell might involve new siding, for example. There are high-tech options out there today that can have a serious effect on a home’s curb appeal and market value if done right.

The Cost of Installing New Siding

On average, the cost of installing vinyl siding on a single-story 1,800sq.ft house will be around $4,500.

A worker installs panels beige siding on the facade of the house
This cost will obviously depend on the quality of the vinyl siding that you decide to install, as you can pay somewhere between $1 and $8 per square foot. Apart from siding, you may decide to go for an expensive siding like stucco in which case you could end up spending up to $11,000 for the entire siding installation job.

Siding Installation Cost Based on Material

The average cost of installing a siding in your home will depend on the material you decide to use for the siding. Other factors include the size and design you want to go for. This part of the article gives the average siding installation cost based on the material you decide to go for.

If you decide to go with aluminum as your siding material, you will end up paying between $1.50 and $7 per square foot. Brick siding will cost you between $5 and $15 per square foot. Fiber cement will cost you between $5 and $12 per square foot. Natural stone will cost you between $28 and $50 per square foot. Stucco siding will cost you between $5 and $9 per square foot. Vinyl siding will cost you between $1 and $8 per square foot and wood siding will cost you between $8 and $12 per square foot.

More Details Regarding Siding Cost Based on Material

Let us now have a look at more details regarding the cost of installing siding based on different materials.

  • Wood Siding Cost

Depending on the size of your project, wood siding normally costs between $7,000 and $20,000. Some popular woods that you can use for your siding include Douglas fir, cypress, pine, and spruce. These different wood sidings are great options because they are not only durable but also economical. Woods like redwood and cedar even have natural rot resistance but they come at a higher cost than other types of wood. However, this extra cost can save you a lot of money by preventing insect and termite damage.

Pros

Wood siding is easy to install and it offers many customization options to choose from. This means that you can achieve any kind of design you wish for with wood. A wood siding also provides enough aesthetic appeal and gives your home’s exterior a classic look and feel. Wood is also eco-friendly and simple to maintain.

Cons

Wood requires regular maintenance to prevent it from rotting, cracking, splitting, or warping. It has to be repainted after about three years. It is also susceptible to moisture, rot, and insect damage. On top of these disadvantages, wood is quite expensive to install.

Maintenance Budget for Wood Siding

Apart from needing a thorough wash every year, wood siding also needs to be treated after about 5 years depending on the amount of sun and snow exposed to it. At such an instance, wood may need repainting and re-staining to keep it working optimally by preventing potential rotting, mold, and insect damage.

  • Vinyl Siding Cost

Installing a vinyl siding should cost you somewhere between $6,000 and $16,000. Vinyl is a common siding material because it comes at a low cost and has great durability. Unlike other materials in the market such as wood, vinyl does not need repainting and is not susceptible to rot or pest damage.

Pros

As previously mentioned, vinyl is a low-maintenance siding material because it does not need repainting. It is also easy to install and comes at a low cost.

Cons

A major problem with vinyl as a siding material is that it is not as durable as other materials. Due to this, it is susceptible to damage by extreme weather conditions like strong winds and high temperatures. Such situations can cause dents and cracks on vinyl. The material is also not waterproof and it can cause mold and rot infestation.

Maintenance Budget

Although vinyl is cheaper to install compared to other materials, you need to make plans for the maintenance because it is very prone to damage. You need to use a pressure washer on your siding at least once a year. However, this is just a recommendation so you need to check with your vinyl manufacturer before using a pressure washer to prevent damage. Pressure washing professionals normally cost between $100 and $200.

siding installation process
  • Engineered Wood Siding Cost

The cost of installing a siding made of engineered wood ranges between $3,000 and $5,000. Engineered wood is more affordable compared to normal wood, which costs between $5,000 and $20,000 to install. Engineering wood is made of hardwood and plywood sheets, which contain tiny bits of wood bonded together with resins. The wood is then treated with fungicide and insecticide to prevent it from damage against pests. Engineered wood usually comes pre-primed or ready for painting in a great style that mimics the natural look of wood. Since engineered wood is lightweight and easy to install, it is quite a popular siding option for DIY projects.

Pros

Engineered wood has an attractive appearance, which makes it easy to customize with different finishes. It is also strong and quite durable. Compared to other siding materials like wood, engineered wood is cost-effective.

Cons

Since engineered wood is a new material in the market, improper installation can cause some issues. The material is also porous, meaning it could trap moisture in humid regions.

After installing engineered wood siding, you just need to wash it at least once a year with a power washer. You will also need to make plans for repainting every 5 to 10 years.

  • Aluminum Siding Cost

Installing an aluminum siding should cost you between $10,000 and $20,000. Aluminum is a very common siding material found in many homes because it is able to withstand extreme weather conditions. It also provides good insulation from the outside elements. Since aluminum is waterproof, it is a common siding material for coastal houses.

Pros

Aluminum is a light siding material, which means that it is quite easy to install. With easy installation comes low installation costs. It is also a good insulator and helps save on heating and cooling costs. It is waterproof and does not rot, swell, or lead to mold and mildew growth. In addition to these benefits, aluminum is fire-resistant, insect-proof, and does not rust.

Cons

Despite the benefits, aluminum is not as attractive as other siding materials because it easily fades over time. It also gets damaged quite easily because it is prone to dents and scratches. It can also be a bit hard to match new aluminum pieces to existing ones.

  • Fiber Cement Siding Cost

Fiber cement siding costs between $5,000 and $20,000 to install. Fiber cement normally contains materials such as fibers and sand that are made from cardboard.

Pros

Fiber cement is resistant to rot, weather, and insect damage. It is also quite durable and gives off the same look as that of wood siding.

Cons

Fiber cement requires a lot of time and labor to install, meaning that installing this kind of siding is quite expensive.

 

Maintenance Budget for Fiber Cement Siding

Fiber cement is regarded as a low-maintenance siding material compared to other materials like wood. One thing you need to do is clean it annually. When cracks, dents, chips, or any other kind of damage appears, it can be easily patched up using cement.

  • Brick and Stone Siding Cost

If you decide to use brick or stone as your siding materials, expect to pay somewhere between $12 and $18 for brick and $15 to $30 for stone siding.

Pros

The advantages of using brick or stone is that these two materials are quite durable, offer natural insulating, and make your home look luxurious. In addition to this, these materials are maintenance-free and are quite resistant to fire, rot, and insect damage.  

Cons

Despite these benefits, brick and stone are very expensive to install because they are quite heavy and hence need a strong foundation. They also need to be installed by professionals only to ensure everything goes according to plan.

Other Costs to Consider When Installing New Siding

When installing a new siding, you have to pay attention to other costs that add up to the overall cost of installation. These costs entail labor, old siding removal, garbage collection, and many other costs. Let us have a look at these extra costs in detail.

  • Cost of Removing Old Siding

It will cost you somewhere between $1,000 and $3,000 or $0.25 to $0.75 per square foot to have your old siding removed. These prices include labor and dumping costs. It is a good idea to have your old siding removed because this is the only way that you will get a chance to inspect the cladding prior to installing a new siding.

  • Labor Cost

You will pay somewhere between $1 and $3 per square foot on siding installation labor. The cost depends on your location because you might pay a higher amount if you live in areas with a high cost of living. If your house is more than one story, expect to pay over $4 per square foot as the installation cost.

  • Permits and Inspections

Since you will be altering your home, you need a permit for that purpose. You have to factor in the cost of the permit and any other fees that you have to pay to the local authorities in regards to your siding project. This is information that you can only get from your local planning authority. In addition to this, you need to know whether an inspection is needed once the project is done. If the answer is yes, then you will need to hire an inspector for the job. You need to factor in these extra costs because they add to your overall siding installation project.

Is Replacing Your Siding a Good Investment?

Installing new siding can be referred to as a worthwhile investment because it can bring about an 80% return on investment when selling your house. If you are looking to sell your house soon, then installing a new siding is one of the best ways to improve curb appeal and make people out there want to purchase the house.

Even if you do not want to sell the house, your new siding will still make your house look attractive and improve overall energy efficiency in the house. In addition, siding installation companies offer a lifetime warranty, meaning that you will enjoy the advantages of your investment throughout. It is good to note that high-quality siding materials like brick and stone will go a long way in boosting your home’s value even further.

A siding plays an important role in your property because it protects it from damage from the elements. When you want to install a siding, you have to get a good understanding of the total installation cost so you can make plans for that. A major factor that affects the cost is the material you decide to use for your siding. Some materials like wood will be very expensive while others like vinyl will be cheaper. Your choice will depend on your personal preference and the budget you have. You will also need to factor in other costs like labor, waste collection, permits, and the cost of removing the old siding. You can save yourself from a lot of hassle by reaching out to siding experts and asking for a cost estimate based on your needs.