Everyone is interested in maintaining or increasing the value of their home. When it comes time to paint or replace the siding of your homes’ exterior or make other upgrades to your home, you want to feel confident that you will receive a good return on your investment.
One way to instantly increase your home’s value is to add fiber cement siding. Adding fiber cement siding to your home adds to the curb side appeal, as well as keeping a lid on energy costs. Of course, there are other ways to increase the value of your home, but not many that will give you the return you want. In the infographic below, Allura shows a few home upgrades and how they stack up to fiber cement siding. This will help homeowners decide on what the right siding to use whether building a new home or just renovating.
Generally speaking, fiber cement siding runs an average of $14,000. The value of this product when reselling your home is almost $12,000. That works out to about an 84 percent cost to value ratio.
Compare the numbers for fiber cement siding with another popular makeover; the kitchen. An average kitchen overhaul is approximately $36,000. However, when the home is sold, that same kitchen is now netting you a bit under $23,000. That is only a 62 percent return on your investment.
Bathroom remodeling is another popular remodeling project for homeowners. The average bathroom makeover can run as much as $54,000. The return on this investment when you sell your home? Only about 59 percent or $ 32,000.
Everyone is interested in saving money and time. Since fiber cement siding can go as long as 25 years without repainting while keeping your home well insulated to save on energy costs, fiber cement siding really is perfect for those who live in hot or humid climates. It’s easy to see why so many people choose fiber cement siding to upgrade and improve their home’s appearance. With so many colors and textures to choose from, you are certain to find one that suits the style of your home.
Forging signatures, hiring illegals, all too common in this industry by smarmy so-called contractors. And as there is an up-tick in building and renovating this year into the next several, we'll be seeing more of this kind of egregious behavior.