Home remodeling and renovation projects are big business, with homeowners spending over $300 billion each year on their properties. These projects include both large and small scale jobs, such as replacing a roof or painting a room.
When you are considering home renovation projects, you will want to take a few things into consideration. You’ll need to consider what the advantages of the project will be and compare that to your budget. Is it strictly necessary, and will it increase the equity of your home? Replacing the siding on an older home is a project that will cover those considerations. It’s an affordable project and brings with it many advantages.
Reasons To Replace Your Siding
- ROI. Replacing siding has an expected ROI of approximately 80 percent, which makes it one of the best financial choices in home renovation. It adds equity to your home, so your actual cost is less than one-quarter of the project’s value. Don’t forget the curb appeal; when it comes to resale, this is huge. First appearances are vital in real estate and can trump a renovated bathroom or kitchen.
- Insulation. New siding will elevate the efficiency of your insulation and reduce the transfer of both heat and cold from the interior to the exterior of your home. Modern siding materials often incorporate insulation into their design.
- Protection. Think of siding as a skin for your house. It provides protection against the elements, ensuring that your home’s structure is not compromised. Old, worn-out siding makes your home vulnerable to water damage, which will cause problems with timber, plasterboard, and electrical wiring. One tiny gap or crack during a storm can allow wind to peel the siding away from your house, and that can cause others to peel away, turning a small issue into a big one really quickly.
Here at Ascension General Contractors, we are full-service repair specialists, and we’re always ready to help you with your renovation and repair projects. If it’s time to replace your siding, give us a call today and let’s get started!