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The global siding market size is expected to surpass $126 billion by 2024, up from 101.7 billion in 2019.
Demand for siding products has grown significantly, thanks to the expansion of the construction industry worldwide.
In the United States, homeowners are increasingly choosing to install or replace their home’s siding, thanks to the many benefits siding a house affords you.
Siding is a major upgrade that can dramatically enhance your home’s curb appeal, boost its value, and improve its energy efficiency.
Besides, siding can help fix unseen structural damage to a house, as well as ensure that you don’t have to paint your exterior walls too often.
One of the reasons many homeowners postpone installing a new siding during their home renovation projects is that they’re afraid of siding costs.
But did you know there are simple ways to side your home on a budget?
Check out these suggestions on how to do so.
Know the Siding Material
The type of siding material you choose is the biggest determinant of the overall cost of your residential siding project.
Take your time to research the siding materials available on the market, their features, and their prices.
Doing so helps you know which material will give you the best return on investment (ROI).
So, what siding materials are most popular in the US today? Here are four of our top picks.
Vinyl siding has been the most popular siding material in America for many years, and it’s easy to see why.
The material is highly affordable, meaning even the most budget-conscious homeowner will not struggle to pay for it.
The material is low maintenance, so you don’t need to worry about spending money on repairs and painting.
Vinyl is also incredibly versatile. You can find an endless number of styles and colors from which to choose.
Keep in mind that vinyl siding is available in different thicknesses and quality. Thinner options cost less than their thicker counterparts.
But opting for thicker, higher quality vinyl makes more financial sense as the siding lasts much longer.
Until about two decades ago, aluminum was the most popular siding material for homeowners. The material may have been overtaken by vinyl, but it’s still not lost its appeal.
Aluminum is affordable and low maintenance. Besides, it works well with a variety of architectural styles.
Aluminum is also both fire-resistant and insect-proof. The product is also recyclable, which is perfect for homeowners interested in going green.
Fiber cement is all the rage among homeowners and exterior design experts at the moment. If you’re interested in a highly durable siding that offers a vast amount of aesthetic versatility, fiber cement is the material to choose.
The material can be made to perfectly replicate just about anything, from clapboard to masonry. The material is easy to install, so labor costs are low.
Fiber cement is also one of the most durable materials on the market. The material doesn’t expand or contract, so it won’t crack. It’s also highly fire-proof and resistant to termites and rot.
Engineered wood offers the beauty of real wood but at a much lower cost. This siding material is relatively new on the market, having made its entry just about two decades ago.
As we’ve pointed out, the primary selling point of engineered wood is its incredible ability to mimic the appearance of real wood, but without the high purchase and maintenance costs that come with wood.
You’ll also love the fact that engineered wood offers comparable maintenance, longevity, and durability features to fiber cement. It is also an eco-friendlier material compared to vinyl and fiber cement.
Choose the Right Contractor
The overall cost of your siding project will also depend on the contractor you choose to work with. Chances are there are several siding contractors in your area. How do you determine the best fit for you?
Start by asking your friends, relatives, or neighbors for referrals. You can also research online to find a few suitable contractors.
Read online reviews to get a good idea of what to expect from a prospective professional contractor.
Generally, you want to work with a licensed and experienced siding installation service provider, such as Colorado Classic Exteriors.
Ask for a detailed quotation, and compare it with at least two others before making your final decision.
Don’t jump blindly at the lowest-priced offer. Rock bottom prices may indicate low-quality material or service, hidden costs, or something else that will cost you more in the future.
Remember to insist on a service guarantee and siding material warranty.
Consider Short Vs. Long Term Value
When working on a budget, you need to consider exactly how long you intend to live in the house. If you plan to move within the next few years, then it makes more financial sense to veer away from high-end, ultra-expensive siding options.
A more affordable siding material, such as vinyl, may help you meet your siding needs while still saving money.
Where you plan to live in the house for decades, then opting for a highly durable siding option will prove the more affordable choice in the long run.
You may have to pay a little extra for such a material, but at least you won’t have to worry about replacing the siding soon.
Siding a House Doesn’t Have to Be Expensive
Some homeowners think that siding a house must cost a fortune, but nothing could be further from the truth.
By choosing the right siding material and installation expert, you can complete your siding installation project on budget.
Are you interested in great content on how to improve your home’s exterior? Please, keep visiting our blog.