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2024 Siding Replacement Trends

Living in Colorado, most of us understand there is a limited window for exterior improvements and renovations. We are in the middle of that season, and our exterior teams are busy improving homes across the area. While most of our summer jobs often include roof replacements due to our severe weather season, this year we are seeing an uptick in siding replacements. 

Installing new siding on your home offers many benefits that improve your home’s curb appeal, value, and protection from our harsh Colorado weather. In this article, we’ll learn about the latest materials, cost, and style options. If you’re considering a siding project, we hope to help educate you before you make any final decisions!

Siding is a home improvement project that can increase property value and provide a strong return on investment. Recent studies show that siding replacements have one of the biggest ROIs around, reaching nearly 100% for some types. It can dramatically boost curb appeal, making your home look fresh and well-maintained. Siding comes in many styles and materials, all designed to improve the exterior design of your home, no matter what architectural style. 

Modern siding materials also offer better insulating ability, improving energy efficiency and reducing utility bills. When you consider all of these factors, a siding replacement starts to appear as a front-runner in terms of valuable remodeling projects. 

With that in mind, let’s take a look at what we are seeing in Northern Colorado siding replacements in 2024!

"Fiber-cement siding provided a 76% ROI, an 80% satisfaction rate, and a "Joy Score" of 9.3 in the 2019 Remodeling Impact Report" ~ The National Association of the Remodeling Industry (NARI) & The National Association of Realtors

The 2024 Siding Installation Costs

The cost of siding can vary significantly depending on the material, quality, installation complexity, and location. Below is a quick guide to the different materials available, their average/approximate cost, and some factors to consider for each one. It’s important to consider things like durability, maintenance, aesthetics, and cost. Here are some of the top options:

Vinyl Siding:

Vinyl siding is popular for its affordability, low maintenance, and wide range of styles and colors. It’s also resistant to moisture and pests, making it a practical choice. Vinyl siding is relatively popular in our area because it is highly durable and can withstand various weather conditions. It can withstand most weather patterns, including high winds, rain, and more minor hail. Since vinyl siding is less expensive than most other siding, it is a popular choice among budget-conscious homeowners. 

Wood Siding:

While natural wood siding can create a stunning first impression by offering a classic and natural look, it also comes with its fair share of extra maintenance. It is susceptible to rot, pests, and weather damage. It requires annual maintenance, and it needs regular painting or staining to remain in good condition. 

In addition to high maintenance needs, real wood siding is often more expensive than other siding options. This is especially true for high-quality and rare wood. Wood siding is not a good fit for people living in the foothills, mountains, or other high-fire danger locations as it is highly flammable. 

Infographic about the pros and cons of wood siding created by Custom Exteriors

Engineered Wood Siding:

Engineered wood siding combines the natural appearance of wood with enhanced durability and lower maintenance. Often, it comes pre-primed and ready for painting or in limited pre-painted colors. 

Although it is treated for resistance to pests, water, and fire, it doesn’t perform as well as some other siding materials. Engineered wood siding is very impact-resistant and has a user-friendly installation method. 

Fiber Cement Siding:

Known for its extreme durability and resistance to fire, termites, and rot, fiber cement siding can be both beautiful and durable. It mimics the appearance of wood, stucco, or masonry and requires minimal maintenance.

Fiber cement is a popular choice locally due to its durable nature. Of the common siding options, it performs the best against the severe weather we often see. This durability comes at a cost. While not as expensive as natural wood, it is more expensive than many common replacement choices. 

Infographic about the pros and cons of fiber cement siding created by Custom Exteriors

Metal (Aluminum and Steel) Siding:

Highly durable and low-maintenance, metal siding is resistant to fire, insects, and rot. It’s available in various styles and finishes, including those that mimic wood or the metal panels we often see in Northern Colorado. 

Metal siding is popular in rural Colorado and is often used on our buildings and shops because of its durable nature. It is also seen in modern architectural applications. 

Infographic about the pros and cons of metal siding created by Custom Exteriors

Each type of siding has its advantages and is suited to different preferences, climates, and budgets. Homeowners should consider their specific needs and consult with professionals to determine the best option for them.

For instance, fiber cement might be the right choice for a Greeley siding replacement due to the area’s tendency towards severe weather. This same homeowner may avoid metal or vinyl siding, which can be more easily impacted by hail.

 

Potential Additional Costs

Installation:

Proper installation is a major factor in getting a siding replacement that is beautiful, functional, and durable. A professional installation that addresses gaps, seams, and potential thermal bridges also plays an important role in your home’s energy efficiency. Labor costs can vary based on the complexity of the installation, our local labor market, and the contractor’s experience. Make sure this is addressed in your contract before you sign. A reliable siding contractor should provide a clear, in-depth estimate for replacement costs before the job begins. 

 

Removal and Additional Work:

If old siding needs to be removed, this can add $1,000 to $3,000 to the total cost. Ask your siding contractor if this step is necessary, and if so, what the cost will be.

Any necessary repairs to the underlying structure or additional insulation will also increase costs. During a recent siding replacement, our crews found that the gutters had been leaking behind the siding for some time, resulting in mold growth on the facade. This is another important reason to choose a contractor you trust. An unlicensed or inexperienced contractor may not take the proper steps to address such concerns, resulting in more expensive repairs down the line. 

The total cost of siding your home depends on your choice of material, the size of your home, and additional factors like labor and removal of old siding. Vinyl siding is typically the most affordable option, while brick, natural wood, and stone veneer are often the most expensive.

Top 2024 Siding Trends in Northern Colorado

Bold Colors and Contrasts

Black siding paired with natural wood
Dark siding color with light contrasting trim

Natural Textures and Materials

Natural wood accents on the exterior of homes

Mixed Materials

Combining different styles of siding
Combine siding with textured panels and stone

Earthy Tones and Wood Doors

Earthy color palettes
Wood accents and doors

No matter your home’s style, choosing the right siding for your home is an important decision that balances appearance, cost, and durability. With a variety of materials available, homeowners can find an option that suits their style and budget. Modern trends can enhance both curb appeal and energy efficiency. The right siding can make all the difference in creating your ideal home exterior!

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