Does New Siding Increase Home Value? (2024)

Installing new siding to increase your home value is about much more than just good Not only do exterior renovations look great and protect the home, but they also boost curb appeal in a dramatic way and contribute to a more impactful first impression, which can raise the property value. Even from a distance, exterior renovations are noticeable – not just to the people living in the home, but also to passersby, neighbors, and community associations. This can have a bigger impact on home value.

So, how much does new siding increase home value? Realtor estimates suggest that buyers are willing to pay a whopping 7% more when a home has new siding on the exterior. That makes siding one of the smartest investments you can make!

Siding is Much More Than Aesthetics Alone

One of the benefits of getting new siding is that you have an abundance of choices when it comes to colors and styles. Whether you want something classic, like timeless white lap siding, or something more unique, like a bold green shake, installing new siding provides the opportunity to keep your home looking fresh and current.

looks. New siding plays another important role – protecting the home. The main purpose of siding is to provide an exterior layer that protects the structure from the elements, pests, and other threats coming from the outdoors. Water management is critical, as older siding products are susceptible to severe moisture damage, like rotting, leaking, and creating damp areas that spawn mold and mildew.

Does New Siding Increase Home Value? (2024)
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