7 minutes Read 6.24.24

When it’s time to give your home a fresh, new look, vinyl siding is often the go-to choice for homeowners. Not only does it offer an array of aesthetic options, but it also provides durability and ease of maintenance.

However, understanding the costs associated with vinyl siding is crucial to planning and budgeting for your home improvement project. We’re here to walk you through everything you need to know about vinyl siding cost including:

Why you should choose vinyl siding
How to finance your replacement
How to find a top-notch siding contractor

The Pros and Cons of Vinyl Siding

Before we dig into the numbers, it’s essential to understand the advantages and disadvantages of choosing vinyl siding for your home.

👍 Pros

Affordability: Vinyl siding is one of the most cost-effective options available. This makes it an attractive choice for homeowners looking to enhance their home’s exterior without breaking the bank.
Durability: Vinyl siding is resistant to common issues like termites and rot. It’s designed to withstand harsh weather conditions, including wind, rain, and snow, offering longevity with minimal upkeep.
Low Maintenance: Unlike wood or metal siding, vinyl requires little to no maintenance. A simple wash with a garden hose can keep it looking new.
Variety of Styles and Colors: With a wide range of styles, colors, and textures available, vinyl siding can mimic the appearance of wood, stone, and other materials, providing endless customization options.
Energy Efficiency: Insulated vinyl siding can improve your home’s energy efficiency by reducing heat loss through the walls, which can lead to lower utility bills.

👎 Cons

Environmental Impact: Vinyl siding is made from PVC, a type of plastic that isn’t biodegradable. Its production and disposal can have negative environmental impacts.
Appearance Over Time: While vinyl siding is durable, it can fade over time, especially if exposed to extreme sun. It may also become brittle in cold weather.
Potential for Damage: Vinyl siding can crack or melt under extreme heat, such as from a barbecue grill placed too close to the house.
Limited Repair Options: If a section of your vinyl siding gets damaged, replacing it can be challenging. Finding an exact match in color and style can be tough, especially if the siding is older.

The Cost of Vinyl Siding

Understanding the cost structure of vinyl siding is essential for budgeting your project appropriately. Several factors influence the overall cost, including the type of vinyl siding, labor, and additional materials.

The cost of vinyl siding itself can vary widely based on quality, thickness, and style. On average, homeowners can expect to pay between $2 and $7 per square foot for vinyl siding materials.

Basic Vinyl Siding:

Average Cost: $2 to $4 per square foot
Features: Lightweight, standard colors and styles

Mid-Range Vinyl Siding:

Average Cost: $4 to $5 per square foot
Features: Thicker material, more color options, UV protection

Premium Vinyl Siding:

Average Cost: $5 to $7 per square foot
Features: Insulated panels, custom colors, enhanced durability

Labor Costs

Labor costs for installing vinyl siding can range from $1 to $3 per square foot. The complexity of the installation, the size of your home, and the going rates in your area can affect these costs.

On average, homeowners spend between $6,000 and $13,000 for a complete vinyl siding installation, including both materials and labor.

Additional Costs

Several other factors can influence the total cost of your vinyl siding project:

Removing Old Siding: If your home currently has old siding that needs to be removed, this can add $1,000 to $3,000 to your project cost.
House Wrap and Insulation: Adding a house wrap or insulated backing can improve energy efficiency but will also increase the cost by $1 to $2 per square foot.
Trim and Accessories: Don’t forget about the trim, soffits, and fascia. These elements can add another $1 to $3 per square foot to your total cost.

How to Finance Your Siding Replacement: 5 Tips

Replacing your siding is a significant investment, but there are several financing options to consider:

1) Home Equity Loan:

Use the equity in your home to secure a loan with a lower interest rate.

2) Personal Loan:

Personal loans are a quick and flexible option, though they often come with higher interest rates compared to home equity loans.

3) Credit Cards:

For smaller projects, using a credit card with a low-interest rate or promotional financing can be a convenient option.

4) Government Programs:

Look for local or federal programs that offer grants or low-interest loans for home improvement projects.

5) Siding Company Financing:

Many siding contractors offer financing options with competitive rates. Be sure to compare offers to find the best deal.

When to Replace Your Siding

Knowing when to replace your siding can save you from more substantial problems down the line. Here are some signs that it might be time for a change:

Visible Damage: Cracks, warping, and holes are clear indicators that your siding needs replacement.
Fading and Discoloration: If your siding has lost its color and appears dull, it may be time for an update.
Increased Energy Bills: Rising heating and cooling costs could indicate that your siding is no longer providing adequate insulation.
Mold and Mildew: Persistent mold, mildew, or fungus on your siding can signal moisture problems that need to be addressed.
Interior Damage: Peeling paint or wallpaper, as well as water stains inside your home, could be caused by failing siding.

How to Take Care of Your New Siding

Once you’ve invested in new vinyl siding, proper maintenance will help extend its life and keep it looking great:

Regular Cleaning: Clean your siding at least once a year using a garden hose and a mild detergent. Avoid using a pressure washer, as it can damage the siding.
Inspect for Damage: Periodically inspect your siding for cracks, holes, or loose panels. Address any issues promptly to prevent further damage.
Trim Landscaping: Keep trees, shrubs, and other plants trimmed back from your siding to prevent scratches and damage.
Check Gutters and Downspouts: Ensure that your gutters and downspouts are functioning correctly to prevent water damage to your siding.
Avoid Heat Sources: Keep grills, fire pits, and other heat sources away from your siding to prevent melting or warping.

How to Find a Good Siding Contractor

Choosing the right contractor is essential for a successful siding project. Here’s how to find a reliable professional:

Ask for Recommendations:

Start by asking friends, family, and neighbors for recommendations. Online reviews and ratings can also provide valuable insights.

Check Credentials:

Ensure that the contractor is licensed, insured, and bonded. Verify their credentials with local building authorities.

Get Multiple Quotes:

Obtain quotes from at least three different contractors. Compare their prices, services, and timelines to make an informed decision.

Request References:

Ask for references from previous clients and follow up with them to hear about their experiences.

Review the Contract:

Before signing, carefully review the contract to ensure it includes all the details of the project, including costs, timelines, and warranties.

Replace Your Existing Siding With Veterans Contracting

Investing in new vinyl siding can significantly enhance your home’s curb appeal, energy efficiency, and overall value. By understanding the costs associated with vinyl siding, financing options, and maintenance requirements, you can make an informed decision that fits your budget and lifestyle.

Ready to get started on your siding project? Contact your trusted contractor at Veterans Contracting today to discuss your options and get a quote. If you need further assistance or personalized advice, feel free to reach out to us. We’re here to help you every step of the way!

Vinyl Siding Cost Expectations for 2024