Asking how much new siding will cost you is a bit of an ambiguous question. It is a lot like asking how much your new house is going to cost, as it all depends on various factors, such as location, compatibility, personal preference, and of course, budget. The only accurate method of assessing how much your siding replacement project will cost is to have your home evaluated on-site by a licensed siding contractor.
In the meantime, you can use a vague formula to develop an average estimate of your total expenses for siding replacement. Although it will not be an exact calculation, it can help you better understand what to expect in terms of pricing. Continue reading to learn which factors you must consider to determine the average cost of your siding replacement needs.
Siding Replacement Costs
In the residential market, the average cost of siding replacement can range anywhere from $5,000 to $50,000 or more. With such a large margin, this average factoid does not help much. Instead, rely on certain factors to help you understand where your total siding replacement cost may lie. Such factors include the type of siding you desire, the square footage of your home, the cost of labor and materials, and the fee charged by the general contracting company you hire.
🠊 Type of Siding:
Siding comes in a diverse selection of materials, including wood, metal, vinyl, stucco, brick, stone, and fiber cement. Wood, stone, brick, and fiber cement will be on the higher end, while vinyl and metal are typically on the lower end of the cost spectrum. In addition to the type of siding, prices can vary depending on other features you choose, such as custom colors and designs.
🠊 Square Footage:
The larger the home, the more siding material it will need, which in turn makes it cost more. In contrast, the smaller the home, the less material needed, which in turn means less labor and lower overall costs. Find out how much your siding material costs, then multiply that amount according to the quantity you need in order to gauge a base cost for siding replacement. Keep in mind that you will still need to add in labor, insurance, and additional expenses.
🠊 Labor and Materials:
The amount of money you spend on labor and materials will largely depend on the company you hire. Good companies have contractor discounts and can get quality materials at a better cost, or at least know where to get the best deals. The type of materials you choose will also influence how much labor will cost, as some materials are harder to install than others. The scope of your siding demolition and the potential for minor repairs can also increase labor costs.
🠊 Professional Company:
The best way to keep siding replacement and repair costs down is to hire a reputable and certified home building and construction company. Not only do they provide honest and skilled work, they can provide cost-effective recommendations to meet your needs. When searching for siding replacement services near you, look for experience, licensing, insurance coverage, project portfolios, warranties, and client testimonials. These amenities and credentials are good tellers of service and skill.
👍 So long as you choose a reputable, long-standing home building and construction company, you should be in good hands.
Your Trusted Indianapolis Siding Contractors
Call RMG Roofing at 317-506-1358 for professional siding replacement service and information. We are veterans in the home and building construction industry, and provide a wide range of residential and commercial siding services in Indianapolis and throughout Central Indiana, including repairs, replacements, inspections, and more. We can also provide homeowners’ insurance claim work! Request a free estimate, today.