Cost of Vinyl Siding: Three Ways to Stay on Budget

Cost of Vinyl Siding: Three Ways to Stay on Budget

Vinyl siding is an affordable alternative to natural brick, cedar, stone, or stucco exterior products, but the cost of vinyl siding ranges between $4,000 to $6,000 or more for a typical house. If you're looking to add this low-cost and low-maintenance material, but are on a budget, focus on:

  • The contractor: Look around for a reliable contractor who has experience with the vinyl siding you want. Ask for a reasonable deal that takes into account current cost of vinyl siding, plus any government incentives, manufacturer rebates, and other methods of reducing the cost. You could save ten to 30 percent (just be wary of hiring the least expensive contractor, as this approach could end up costing you more money if the job isn't completed to your expectations.)
  • The installation: Ask the contractors how they can keep cost of vinyl siding low for the installation portion. Can they group jobs in a five mile radius to reduce labor and transportation costs? Can you remove the old siding yourself and save $1,000 to $2,000 on their fee?
  • The final bids: Always compare apples to apples with vinyl siding. If you want siding that looks like cedar shake, price it out with each contractor, down to the board width and manufacturer. Otherwise, you might be hundreds of dollars off on the true cost. Once you've finalized a contractor, stick with the plan. Avoid making changes or adding extras to the bill.

According to the Vinyl Siding Institute, homeowners typically recoup more than 80 percent of the cost of vinyl siding. Now that's something to take to the bank.

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