Does Fiber Cement Siding Increase Home Value

In a midrange home replacing a 300 square foot band of existing vinyl siding from the bottom third of the street facing facade with adhered manufactured stone veneer costs an average of 8 221 but recovers about 97 of that at resale according to remodeling magazine s 2018 cost vs.
Does fiber cement siding increase home value. According to the rsmeans 2014 residential cost data report the installed cost of vinyl siding is on average 201 per 100 square feet while fiber cement totals 300 for the same area. Worn cracked discolored siding will turn buyers away and could lower your home s value in an appraisal. Updating with foam backed vinyl siding. It won t chip or crack.
Fiber cement siding also known as james hardie board siding is known throughout the industry for providing outstanding benefits for homeowners including. Offered in a variety of colors patterns and styles james hardie fiber cement siding is highly customizable and will enhance your home s curb appeal. Siding does increase home value. Brand new or damaged siding can drastically affect your home s value.
No less an authority than angie s list points out the curb value boost and resale value increase which fiber cement siding provides. It cost an average of 13 400 resulting in a resale value of 11 600 or an 87 percent return. Hardie siding will remain durable. Based on how much the project cost versus the resale value the final cost recouped percentage was calculated.
If you re looking to invest in your home updating the exterior with hardwearing fiber cement siding can greatly increase your home s value. Installing fiber cement siding such as james hardie or hardiplank siding was one of the top items for best return on investment. With upgraded siding you enhance your curb appeal which will bring more buyers through the door. There are many reasons why james hardie siding will increase your home s value.
Not only does fresh siding catch potential buyers eyes but a well installed fiber cement siding job also integrates and unifies the whole house. Value report indianapolis homeowners who invest in fiber cement siding recoup 80 5 of their investment. Value report classifies fiber cement re siding as an upscale project that entails replacing 1 250 square feet of existing fiber with new factory primed and factory painted fiber. Another solid choice in siding is the use of foam backed vinyl siding otherwise known as foam core vinyl siding.
Unlike vinyl siding you won t see fiber cement siding swell or crack. The installation of fiber cement siding can increase the overall value of your home upwards of 87 which works out to be an increase in overall value to the home of between 11 310 to 12 180.