In general, James Hardie siding can increase your home value. James Hardie siding is a type of fiber cement siding that is durable, long-lasting, and low-maintenance, which can be attractive to potential buyers. Additionally, James Hardie siding comes in a variety of colors and styles, which can enhance the curb appeal of your home.
According to Remodeling Magazine’s “Cost vs. Value” report for 2021, the average cost of a midrange fiber cement siding replacement project is $19,626, and it has a resale value of $16,194, which is a return on investment (ROI) of 82.5%. However, the ROI may vary based on several factors, including the location, the condition of the home, and the quality of the installation.
Your home’s exterior plays a significant role in its overall value. The right siding can increase curb appeal and make a home more attractive to potential buyers. James Hardie siding is a type of fiber cement siding that is renowned for its durability, low maintenance, and versatility. The siding is made from a blend of cement, sand, and cellulose fibers, which makes it resistant to pests, fire, and moisture damage.
One of the most significant benefits of James Hardie siding is its longevity. The material is designed to last for decades, and it comes with a 30-year warranty. This makes it a valuable investment for homeowners who want to protect their property and avoid costly repairs down the road. James Hardie siding is also low-maintenance, which can appeal to potential buyers who don’t want to spend time and money on frequent upkeep.
Another way that James Hardie siding can increase your home value is by enhancing its curb appeal. Curb appeal is a subjective matter, but there is a general consensus on what looks good. James Hardie siding is available in a wide range of colors and styles, so homeowners can choose the perfect look for their home. This can help your home stand out from others in the neighborhood and make it more attractive to potential buyers. Additionally, James Hardie siding is designed to mimic the look of traditional materials like wood, which can add to the visual appeal of your home without sacrificing durability or requiring the maintenance that comes with natural wood siding.
When it comes time to sell your home, the right siding can make all the difference. According to the National Association of Realtors, exterior projects like siding replacements have some of the highest returns on investment for home improvement projects. The 2021 “Cost vs. Value” report from Remodeling Magazine shows that a midrange fiber cement siding replacement project has an average cost of $19,626 and a resale value of $16,194, which is a return on investment of 82.5%.
Of course, the actual return on investment for your home may vary based on a range of factors. The condition of your home, its location, and the quality of the installation can all impact its value. However, choosing a high-quality siding material like James Hardie can be an excellent investment in your home’s long-term value. To get the most out of that investment, you’ll want to select an Elite Preferred contractor like EMA Construction.
In summary, while there is no guarantee that James Hardie siding will increase your home value, it is generally considered a high-quality, durable siding material that can enhance your home’s curb appeal and potentially provide a positive ROI when it comes time to sell your home.