Siding replacement on a mountain home can be a large, not to mention expensive, undertaking. At Bellwether, we tell our clients and friends that the key to tackling a big home exterior renovation is to view a siding replacement as both protection for your home and an investment in your property. As with any investment, people have questions about the return on investment (ROI) from a siding replacement or new windows. The good news? High-quality home exterior upgrades can significantly improve your Colorado home’s value while also enhancing its curb appeal and durability.
The Numbers: Cost vs. Value for Siding and Windows in Denver
The 2024 Cost vs. Value Report provides valuable insights into the ROI of common home improvement projects in the Denver and mountain regions. Here are the highlights for siding and window replacement projects:
Fiber-Cement Siding Replacement:
- Average Job Cost: $22,030
- Resale Value Added: $18,069
- Cost Recouped: 82.0%
Fiber-cement siding, such as James Hardie® siding, not only protects against Colorado’s extreme weather but also provides one of the highest ROIs for exterior upgrades. It’s a durable, low-maintenance material that combines beauty and function, making it a smart investment for both short-term protection and long-term value.
Vinyl Window Replacement:
- Average Job Cost: $21,037
- Resale Value Added: $11,865
- Cost Recouped: 56.4%
Vinyl windows, such as Pella 250 Series, improve energy efficiency and enhance your home’s aesthetic appeal. While the ROI is slightly lower than siding replacement, energy-efficient windows can provide additional savings on utility bills, making them a worthwhile upgrade.
Wood Window Replacement:
- Average Job Cost: $24,724
- Resale Value Added: $17,627
- Cost Recouped: 71.3%
For homeowners looking for a more traditional or high-end look, wood windows, such as Pella Lifestyle Series, offer an excellent balance of beauty and value. With a higher ROI than vinyl windows, wood windows are a great option for homes where aesthetic appeal is a priority.
What Is the Cost vs. Value Report?
The Cost vs. Value Report is an annual analysis published by Zonda Media that compares the cost of popular home improvement projects to the value they retain at resale. This comprehensive report draws data from real estate professionals and remodeling contractors across the country, offering homeowners a reliable resource to assess potential returns on their renovation investments. The report provides both regional and national averages, helping homeowners understand the value of their projects in their specific market.
Why High-Quality Materials Matter
At Bellwether, we always recommend using premium materials for exterior renovations. James Hardie fiber-cement siding is our top choice for siding replacement. It’s resistant to Colorado’s harsh weather, including hail, wildfire sparks, and extreme temperature fluctuations. Plus, it’s available in a variety of styles and over 700 colors protected by ColorPlus® Technology, ensuring your home stands out for years to come.
Similarly, investing in high-quality windows can make a big difference in energy efficiency and comfort. New windows can reduce drafts, lower energy bills, and enhance the overall look of your home. Whether you choose vinyl or wood, the right windows can transform your living space and boost your home’s value.
The Long-Term Benefits of Investing in Your Home’s Exterior
While the immediate ROI for siding and window replacement is compelling, the long-term benefits are just as significant. Durable, low-maintenance materials like fiber-cement siding reduce future repair costs, while energy-efficient windows lower utility bills. These upgrades not only protect your home but also increase its marketability when it comes time to sell.
In Colorado, where weather conditions can be extreme and unpredictable, these investments are particularly valuable. By choosing high-quality materials and professional installation, you’re safeguarding your home while also making it more attractive to future buyers.
Ready to Invest in Your Home?
If you’re considering siding or window replacement for your Colorado home, Bellwether is here to help. With our expertise in exterior renovations and commitment to using premium materials like James Hardie siding and top-tier windows, we can guide you through every step of the process. Contact us today to start designing your dream home exterior and make an investment that pays off for years to come.
