Brick Vs Siding Home Value
This siding needs to be installed over a waterproof membrane.
Brick vs siding home value. Brick is more expensive. According to the brick industry association a 2 500 square foot brick home typically costs 6 to 7 percent more than vinyl. Brick will increase it slightly more than vinyl. Homeowners who live in provinces that are dominated by vinyl or stucco will find that their brick house has a higher market value.
Brick is usually installed as a veneer not a part of the structure and is water permeable. You may also save money on home. According to the marshall and swift residential cost handbook which is used by appraisers an all brick home appreciates at an average rate of 6 percent immediately after it is built. Brick costs about 6 to 12 per square foot while vinyl siding costs about 2 to 3 per square foot.
Brick can give a rustic look to a home and can be beautiful for decades. Increased home value although brick can be a more costly home exterior choice it may increase the value of your home up to six percent according to siding helper. Interestingly brick homes also improve the appraised value of the neighborhoods and communities where they are built enhancing the tax base. There s an added labor cost for removal of old siding so if you re going to strip your house and start fresh plan to spend up to 5 000 more.
This way knowing the given sf for labor and material the math can be done and a dollar amount determined for what to expect for each option brick versus hardi siding. The only downside is that brick limits the options to the type of look. Brick has a lower maintenance cost compared to vinyl. Choose the right siding to maximize your recovered cost.
Disadvantages of brick price. Here are the different types of siding and how each one differs when it comes to cost benefits and drawbacks. Material alone regular hardi siding runs approximately 1 15 sf where artisan runs 2 40 sf and brick runs anywhere from 2 50 5 00 sf depending upon the brick you choose. As we have noted in our whitepaper the true value of brick brick homes appreciate more over time than homes with wood or fiber cement siding homes.
Brick only provides a classic or rustic look but vinyl can open your options to more contemporary styles. For example a 500 000 home with vinyl siding would appraise for around 540 000 just by adding brick siding. When you get new siding it will increase the value of your home. Plus brick homes are 5 8 percent less expensive to insure because they are less likely to be damaged by fire or wind little or no maintenance makes brick a better value.
Bricks tend to be more expensive than other exterior products such as vinyl siding. It does not need periodic replacing painting or cleanings. The type of siding you choose mostly depends on the current siding on your home. This makes it an attractive option for long term home buyers.
The disadvantage to brick is that it is pricey especially if installed correctly.