Should You Replace Your Siding Before Selling Your Home?

Posted on: 23 November 2015

Homeowners looking to sell their homes quickly and for the highest possible price often look at different options for making their homes more desirable to buyers. Large projects, such as replacing your siding, can pay off under certain circumstances. If you are considering replacing your siding, here are a few things to take into consideration.

What Is The Current Condition Of The Siding?

If your home has wood siding that is old, experiencing rot or has termite issues, replacing your siding might be a smart move. Potential homeowners might not be interested in purchasing a home that will require siding replacement soon after the purchase is final. For homes with aluminum siding that might be a bit dented or banged up, there may not be as great of a need to replace the siding. Talk to your real estate agent about whether or not your home's curb appeal is affected by your siding, as this may be the deciding factor in whether or not you replace the current siding.

What Is The Housing Market Like In Your Area?

Homes listed in hot housing markets can sell even without major repairs. If your home is located in an up-and-coming area, you may be able to sell with just a few minor repairs to your home. Before you undertake any major projects, such as replacing your siding, look at the sales trends in your neighborhood. You can then do a cost analysis to see if the cost of the repairs will be worth the added value to your home. Your contractor can help you to determine the total cost of labor and materials for the project. If your home is located in a sluggish market, the siding replacement might help to motivate a buyer and improve the curb appeal of your home enough to attract multiple offers.

What Does Your Siding Look Like?

Potential homeowners want a house that is beautiful inside and out. Even if your siding is in great condition, it may be lowering your home's value based on its color. If your siding is dated or has a color that might not have universal appeal, like a mustard yellow or olive green, consider replacing the siding to make your home look fresh and new. Vinyl siding is a great option for cost-conscious home sellers. This siding can cost anywhere from $2 to $7 per square foot including professional installation. With the wide range of colors and styles available, it's easy to update the look of your home without paying a fortune to make your home more appealing to potential buyers.

Work with your real estate agent and contractor to make the right moves for your home. Choosing improvement projects carefully before you put your home up for sale can make it easier to get a good offer for your home and sell it a bit more quickly. For assistance, talk to a siding professional like Allstate Gutter & Siding.