How much does it cost to install new siding?

Installing new siding is a significant investment that can greatly enhance the appearance and value of your home. However, the cost of siding installation can vary widely depending on several factors, including the type of material, the size of your home, labor costs, and any additional features or customization. In this article, we’ll break down the key factors that influence the cost of siding installation and provide an overview of what you can expect to pay for different types of siding.

Key Factors That Affect Siding Installation Costs

1. Material Type
   • The type of siding material you choose is the most significant factor in determining the overall cost of installation. Each material has its own price range, with options like vinyl and aluminum on the lower end and materials like wood, fiber cement, and stone veneer on the higher end.
2. Home Size and Design
   • The size of your home directly impacts the cost, as larger homes require more materials and labor. The architectural design of your home can also affect costs—complex designs with multiple corners, gables, or custom features will require more time and expertise to install, leading to higher labor costs.
3. Labor Costs
   • Labor costs vary based on the region, the contractor’s experience, and the complexity of the job. On average, labor can account for 30% to 50% of the total installation cost. High-demand areas or jobs requiring specialized skills (such as installing stone veneer or complex wood patterns) will incur higher labor costs.
4. Removal of Old Siding
   • If you’re replacing existing siding, the cost of removing and disposing of the old material will add to the overall expense. This can range from $1,000 to $3,000 depending on the size of the house and the type of siding being removed.
5. Insulation and Add-Ons
   • Adding insulation under the siding can improve your home’s energy efficiency, but it will increase the overall cost. Other add-ons, such as moisture barriers, house wraps, or trim, can also add to the total price.

Cost Breakdown by Siding Material

1. Vinyl Siding
   • Material Cost: $2 to $5 per square foot
   • Installation Cost: $5,000 to $14,000 for a 2,000-square-foot home
   • Summary: Vinyl siding is one of the most cost-effective options available. It’s durable, low-maintenance, and comes in a variety of colors and styles. While it’s affordable, the cost can increase with premium styles or additional insulation.
2. Fiber Cement Siding
   • Material Cost: $4 to $10 per square foot
   • Installation Cost: $8,000 to $20,000 for a 2,000-square-foot home
   • Summary: Fiber cement siding, like James Hardie, is a popular mid-range option known for its durability and resistance to fire, insects, and rot. It requires professional installation, which can increase labor costs, but it offers excellent long-term value.
3. Wood Siding
   • Material Cost: $5 to $10 per square foot
   • Installation Cost: $10,000 to $20,000 for a 2,000-square-foot home
   • Summary: Wood siding provides a classic, natural look that many homeowners love. However, it requires regular maintenance, and the installation costs can be higher due to the need for skilled labor. The type of wood (such as cedar or redwood) can also affect the price.
4. Engineered Wood Siding
   • Material Cost: $3 to $8 per square foot
   • Installation Cost: $7,000 to $15,000 for a 2,000-square-foot home
   • Summary: Engineered wood siding offers the aesthetic appeal of natural wood with enhanced durability and lower maintenance. It’s more affordable than traditional wood and easier to install, making it a good option for those who want the look of wood without the high cost.
5. Aluminum Siding
   • Material Cost: $3 to $6 per square foot
   • Installation Cost: $6,000 to $15,000 for a 2,000-square-foot home
   • Summary: Aluminum siding is a durable, lightweight option that’s resistant to rust and weather damage. It’s less popular than vinyl but is still a viable choice for homeowners in harsh climates. The cost is moderate, but prices can increase if you opt for thicker, insulated panels.
6. Brick Veneer Siding
   • Material Cost: $10 to $20 per square foot
   • Installation Cost: $15,000 to $40,000 for a 2,000-square-foot home
   • Summary: Brick veneer siding is a premium option that offers a timeless, elegant appearance and exceptional durability. It’s one of the most expensive siding materials, both in terms of materials and labor. However, it adds significant value to a home and requires minimal maintenance.
7. Stone Veneer Siding
   • Material Cost: $12 to $25 per square foot
   • Installation Cost: $20,000 to $50,000 for a 2,000-square-foot home
   • Summary: Stone veneer siding is another high-end option that delivers a luxurious look with excellent durability. It’s highly resistant to weather and pests, but the cost of materials and installation can be prohibitive for some homeowners.

Additional Considerations

1. Geographic Location
   • Prices can vary significantly depending on where you live. Urban areas with a higher cost of living tend to have higher labor costs, while materials might be cheaper in regions where they are produced locally.
2. Permits and Regulations
   • Some areas require permits for siding installation, especially if you’re making significant changes to your home’s exterior. Permit fees can add several hundred dollars to your project.
3. Warranties
   • Many siding materials come with warranties, which can vary in length and coverage. Higher-quality materials often have longer warranties, which can offer peace of mind but may also come at a higher initial cost.