Planning a Major Upgrade? Consider New Siding - Fine Homebuilding

previous
  • Energy-Smart Details
    Energy-Smart Details
  • Clever daily tip in your inbox
    Clever daily tip in your inbox
  • 7 Small Bathroom Layouts
    7 Small Bathroom Layouts
  • Design Inspiration
    Design Inspiration
  • 7 Trim Carpentry Secrets
    7 Trim Carpentry Secrets
  • All about Roofing
    All about Roofing
  • Pro Tool Rental. Learn More.
    Pro Tool Rental. Learn More.
  • 9 Concrete Countertops Ideas
    9 Concrete Countertops Ideas
  • Custom Flooring Inspiration
    Custom Flooring Inspiration
  • 7 Smart Kitchen Solutions
    7 Smart Kitchen Solutions
  • Tips & Techniques for Painting
    Tips & Techniques for Painting
  • Remodeling Articles
    Remodeling Articles
  • Video Series: Tile a Bathroom
    Video Series: Tile a Bathroom
  • Video: Install a Fence
    Video: Install a Fence
  • Radiant Heat Comparison
    Radiant Heat Comparison
  • Classic Cabinets
    Classic Cabinets
  • Hot Water Now
    Hot Water Now
  • Master Carpenter Videos
    Master Carpenter Videos
  • Magazine Departments
    Magazine Departments
  • Read FHB on Your iPad
    Read FHB on Your iPad
  • Basement Remodeling Tips
    Basement Remodeling Tips
next

News

News


Planning a Major Upgrade? Consider New Siding

comments (0) April 8th, 2014 in Blogs
ScottG Scott Gibson, contributing writer


An upgrade to fiber-cement siding recouped the highest percentage of its original cost among high-end renovation projects, according to the 2014 cost vs. value study published by Remodeling magazine.

Homeowners investing in fiber-cement-siding replacement got back 87% of the original cost when the property sold, the survey said, an increase over 2013 results. The only other project which kept 80% or more of its value in that category was a garage-door replacement.

The next tier of projects, recouping between 70% and 80% of their original cost, included new foam-backed vinyl siding, new vinyl windows, new wood windows, and adding a fiberglass "grand entrance." Considering a garage? That returned only 58.4% of its cost on average.

On a separate list of "midrange" projects, installing a new steel entry door returned nearly 97% of its cost, followed by a new deck, an attic bedroom, and a minor kitchen remodel. At the bottom of the heap was a home-office remodel, which returned less than half its original cost at resale.

The study looked at 35 popular remodeling projects. In addition to the national resale averages, the study also lists costs by region and by select cities in a region. Builders can compare costs and average returns in their areas with both the United States as a whole and with some nearby cities.

For example, a midrange bathroom addition cost an average of $38,186 nationally, $39,786 in New England and $34,925 in Portland, Maine.

 

 

 


posted in: Blogs

Comments (0)

Log in or create a free account to post a comment.