Why Vinyl Siding?

With many homeowners considering exterior home maintenance, the decision to paint or side is both confusing and frustrating. Consider that if the cost of painting your home is $1,500, over a 20 year period you'd spend $7,500:
2010: $1,500
2015: $1,500
2020: $1,500
2025: $1,500
2030: $1,500
TOTAL $7,500

If siding your home cost $12,000, subtract $7,500 (the cost of painting) and the REAL COST would be $4,500, much less than face value of the siding job.

According to surveys1, approximately 90% of the vinyl siding cost will come back to the homeowner as an increase in their home's value (E.G. $12,000 X 80% = $9,600). Multiplied by an annual appreciation rate of 3% (very conservative) would be a $17,339 increase in the value of your home over a twenty year period!

When real cost is $4,500, that's $18.75 per month over a 20 year period. Not a bad investment to see a $17,339 increase in the value of your home. Add the benefits of not having to paint every 4-5 years and maintenance free Exteriors become even more attractive!

Another cost-saving benefit would be energy savings, when using a thermal backed vinyl siding, of up to 20%. These are some things to think about when considering home maintenance.
1) Refer to the Remodeling Magazine Cost vs. Value for your area.

Calculations for Your Home

Cost of painting:
Cost of vinyl siding:
Area rate of return: %
Annual APR: %