Does New Siding Increase Home Value?
You can’t judge a book by its cover, yet potential buyers may form an opinion of your house before setting foot inside by how it appears on the outside. Nearly half (48%) of top agents consider a property’s enhanced curb appeal to be one of the strongest selling points among key home features, according to HomeLight’s Top Agent Insights for End of Year 2024.
Since you only have one chance to make a great first impression, warped or faded siding could turn potential buyers off. As you prepare to put your house on the market, ask yourself: Does new siding increase home value?
Is new siding worth the expense?
While a siding upgrade can improve curb appeal, bring more buyers to your door, and help raise your sales price, it’s an expensive undertaking that involves finding the right contractor and evaluating a multitude of materials.
We’ve gathered information from siding industry professionals and top real estate agents to help you choose the best product for maximizing resale value.
Weather and time take their toll
Siding safeguards your home from pests, fire, and harsh weather while enhancing its appearance. But years of wear and tear can degrade siding and leave your home susceptible to structural issues, mold, and deteriorating walls.