How Much Does It Cost to Replace Siding On a House In 2023? What You Need To Know!
If you are a homeowner or about to become one, it’s no surprise that the cost of homeownership is constantly on your mind. Siding is among the many costs that you may incur along the way.
Now, siding is very important in the maintenance of any home. It’s necessary for a home’s protection, keeping the walls from weathering, and maintaining the internal temperature inside the house. It also protects your valuables if your house becomes flooded because of storm damage.
Siding comes in many forms. It includes wood, metal, fiber, cement, and more. Look into the cost of replacing the siding. This way, you can budget accordingly.
There’s a high demand for companies that provide this service. But how much does it cost to replace siding today? Keep reading to learn more!
Why Do You Have to Replace House Siding?
If your siding is cracked or shows signs of water damage, you can get by with a few repairs.
But eventually, the cost of repairs can add up and leave you wishing you had replaced your siding in the first place. If you’re wondering whether you need to replace siding, here are some ways to tell.
Cracks In Siding
Usually, cracks are a sign that your siding has suffered from water damage and needs to be replaced. The cracks are easy to fix. A little bit of caulk does the trick.
But if there’s already been water damage, chances are it’ll happen again soon. Replacing your siding is the best way to prevent further damage.
If water gets behind the siding, it can cause rot and mold growth. It can lead to structural damage and health problems for your family. Siding protects the underlying structure from rain, snow, ice, sun, and wind.
The damaged siding looks old and worn-out, so it can bring down the value of your home. New siding will make your house look better. It will improve its curb appeal and resale value.
Damaged siding can let air into your home. It makes your HVAC system work harder and increases your energy bills.
Replacing your siding with more energy-efficient materials can help keep your home cool in the summer and warm in the winter. It’ll save you money on utilities in the long run.
If you have wood siding, check for signs of rot from time to time. This way, you can fix it before it becomes a bigger problem. Wood rot usually starts at the bottom of the wall with moisture.
What Is the Average Cost of Replacing House Siding?
The average siding replacement cost starts from $7.50 to $13.00 for every square foot. It includes all materials and expert labor.
The cost of siding replacement per square foot varies depending on the material you choose. Buying siding materials takes 60% of the total cost. The other 40% is the cost of labor.
Here are several materials used to replace siding and the cost of replacing each.
1. Aluminum Siding
Aluminum siding is the oldest on the market. It’s also the most inexpensive siding material. It has excellent durability. But it can dent easily. Also, it can become scratched over time, which can be challenging to repair.
Aluminum siding is excellent for houses located in areas with high wind speeds or humid climates. It’s because it can withstand harsh weather conditions.
Also, it needs little maintenance. If you want to replace aluminum siding, it’ll cost $5 to $10 for every square foot.
2. Fiber Cement Siding
Fiber cement siding is a mix of cement, sand, and cellulose fibers compressed into planks and shakes. This material is durable and can withstand even the harshest weather conditions.
It’s impervious to insect infestations. It is also fire-resistant and rot-proof, and will not crack, peel, or mold.
The cost of replacing fiber cement siding is about $20.00 per square foot installed on an average-sized house. It depends on local labor costs and building codes.
Stucco is a cement-based or lime-based mixture. You can apply it directly over concrete or cinder block walls. If you’re looking for a durable option, stucco is an excellent choice because it’s resistant to fire, rot, and insects.
It’s also easy to clean and maintain. But it’s more expensive than other siding options. You can paint stucco siding to protect it from moisture. Also, you can leave it in its natural state.
The cost per square foot of a stucco siding replacement varies between $7.00 and $10.00. But the replacement cost may be higher depending on the complexity of the work involved.
4. Vinyl Siding
Vinyl siding is one of the most popular materials for home exterior decorating. This material is an excellent solution if you want to change the look of your house without spending a lot of money.
You can buy vinyl siding in sheets or strips. It’s easy to cut it in any size. There are many different colors and textures available. So, you can choose the best design to add style and personality to your home.
The average siding replacement cost for vinyl siding ranges from $3.00 to $11.00 per square foot.
5. Engineered Wood Siding (Synthetic Wood)
Engineered wood is also called composite or synthetic wood because it’s a product of recycled or shredded wood products bonded together with resin, heat, and pressure to create a uniform material.
It’s more affordable than solid wood siding. But it provides the same authentic look at a lower cost. Engineered wood has the same look as natural wood, but it’s stronger and more durable.
Another benefit of engineered wood siding is that it costs less than real wood. The cost for replacing engineered wood siding is $7.00 to $11.00 per square foot. So, the replacement cost of 1,500 square foot of engineered wood siding will cost you $12,000
6. Stone/Brick Veneer Siding
Brick siding is a type of masonry material used to cover the exterior walls of a house or building. It has a natural beauty that’s hard to match with artificial materials.
Brick veneer siding comes in many colors, shapes, and textures.
Brick is maintenance-free and fireproof, too. It also offers decent insulation against sound and temperature extremes. Make sure your home’s foundation can support brick because it’s heavy.
The replacement cost of brick siding is $15.00 per square foot. It depends on the quality and type of brick you choose.
7. Real Wood Siding
Pine, cedar, redwood, spruce, cypress, and fir are some types of wood that you can use for your siding replacement project. Real wood is a natural choice for most homeowners as it looks beautiful on the house exterior.
It’s also easy to maintain, but it is susceptible to rotting and insect infestation. You have to apply weather-proofing treatments once every two years.
The beauty of real wood siding is the reason people decide to go with this option. The replacement cost of wood siding ranges between $6.00 and $8.00 per square feet.
- See Also: 15 Types of Wood Siding (With Pictures)
Here’s a table that summarizes the replacement costs of siding.
|Material for the Siding||Replacement Cost per Square Foot||Average Lifespan|
|§ Aluminum Siding||$5 to $10||20 to 40 years|
|§ Fiber Cement Siding||$8.5 to $11.50||25 to 45 years|
|§ Stucco||$7 to $10||50 to 80 years|
|§ Vinyl Siding||$3 to $11||15 to 20 years|
|§ Engineered Wood Siding||$1 to $11||20 to 30 years|
|§ Stone/Brick Veneer Siding||$15||Above 50 years|
|§ Real Wood Siding||$6 to $8||20 to 40 years|
Factors Affecting the Cost of Replacing Siding On a House In 2023
If you want to replace siding this year, many factors will affect the overall cost as seen below.
§ Size of the House
The size of your house is a significant factor when looking at the cost of replacing your siding. A large house will need more materials, time, and labor. The larger the house, the more labor it will take to install all that siding.
Even if you decide to do the work, it will still take more time and effort.
§ Siding Material
The material you choose for your siding replacement can have a massive impact on the overall cost of your project. Vinyl and fiber cement are more affordable than other materials. They also come with lower initial installation costs since they’re easy to work with.
Aluminum, engineered wood, and stone veneer are more expensive materials. They need professional installation. They take longer to install.
But they come with excellent durability ratings. Also, these materials increase your home’s resale value.
§ The Number of Stories In Your House
If your house has two stories or more, you will pay more for materials and labor than if you have only one story. The reason is that it’s more challenging and time-consuming to reach the exterior walls of upper stories.
The price will be higher when you have more stories. It’s because removing the old siding and installing the new one will be more time-consuming.
And, since labor is one of the most significant expenses for every contractor, you can expect to pay more for houses with more stories.
§ The House’s Architectural Complexity
When it comes to the cost of replacing siding, the complexity of your home’s architecture is a primary factor. A house with simple lines and few architectural details can be sided more quickly than one with a lot of detail.
Corners and curves, gables and eaves, dormers and turrets all need extra time to measure, cut, and install the siding. All this work adds to the total cost you’ll pay for the entire siding replacement.
Does Home Insurance Cover House Siding Replacement?
Most home insurance policies will cover house siding replacement if damaged by hail, fire, wind, lightning, or vandalism. You will need to submit a claim with your insurance company detailing the cause of damage and provide pictures of the damage as well. Your home insurance policy dictates what is covered under its terms and conditions.
How Often Should You Replace House Siding?
The lifespan of your home’s exterior siding is determined by the type of material you choose. Some materials last for 50 years or more. Others need replacement after less than 20 years.
The durability of your house siding also depends on the thickness, quality, and how you take care of it.
The biggest factor when determining the cost of replacing siding is the material. It doesn’t come as a surprise. That said, you’ll also need to consider your local labor rates.
Siding can add curb appeal and boost your home’s value. We hope this guide has helped you get an idea of how much you expect to spend when replacing your home’s siding in 2022.
Featured Image Credit: Needpix