A high percentage of homes in the U.S. have siding and of those vinyl continues to be the most common choice. Data from the Census Bureau’s Survey of Construction (SOC), shows vinyl (including vinyl-covered aluminum) was the most common exterior wall material used in homes started in 2013 (31 percent.) It can be found on a high percentage of older existing homes as well, particularly those built in the 1960s through 80s. In many cases, siding on those homes is now in need of replacement. Just as likely, many may also be in need of insulation upgrades.
The National Association of Realtors has monitored annual reports from the remodeling Cost vs Value studies and recapped trends on their Houselogic website. Updating siding on a home is estimated to have one of the highest returns on investment (ROI) of any remodeling project. According to the website:
“No other feature has as much impact on curb appeal as siding. Clean, well-cared-for siding signals home improvement mastery. Old, worn siding can contribute to a loss of up to 10% of your home’s value.”
Homeowners considering a replacement of older siding should also plan on upgrading their insulation. Adding insulation offers high ROI for home energy improvements. Noted Washington Post columnist Katherine Salant covered this in her House Watch column: To boost resale value, consider the quality of your insulation. Cellulose insulation is the ideal product for retrofitting insulation in the exterior walls of older homes. It can be blown in through the exterior walls thus avoiding the need for disruptive demolition inside the home. The process is even easier while the old siding is being removed. Cellulose provides excellent insulating properties and is also one of the most Eco-friendly building materials with up to 85% recycled content in the form of waste paper.
Upgrading old siding with today’s improved vinyl products, and replacing outdated cavity wall insulation with blown-in cellulose, provides homeowners the one-two combination for a knockout punch that will lower energy costs for years to come and provide higher resale value when it’s time to sell their homes.