Brick Vs Siding Home Value

It does not need periodic replacing painting or cleanings.

Brick vs siding home value.

Bricks tend to be more expensive than other exterior products such as vinyl siding. This siding needs to be installed over a waterproof membrane. The type of siding you choose mostly depends on the current siding on your 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.

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. Here are the different types of siding and how each one differs when it comes to cost benefits and drawbacks. Choose the right siding to maximize your recovered cost. For example a 500 000 home with vinyl siding would appraise for around 540 000 just by adding brick siding.

Brick is more expensive. Homeowners who live in provinces that are dominated by vinyl or stucco will find that their brick house has a higher market value. Brick only provides a classic or rustic look but vinyl can open your options to more contemporary styles. 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.

When you compare equally sized homes in the same area a brick home can see an immediate increase in value by about 8 over a home with wood vinyl or fiber cement siding. When you get new siding it will increase the value of your home. Brick is not so easily moved from place to place and can add significantly to the price of a remodeling job. Frankly it won t make a big enough of a difference if you re planning to sell the home.

Brick can give a rustic look to a home and can be beautiful for decades. Brick will increase it slightly more than vinyl. 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. 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.

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. This makes it an attractive option for long term home buyers. Interestingly brick homes also improve the appraised value of the neighborhoods and communities where they are built enhancing the tax base. Disadvantages of brick price.

Brick has a lower maintenance cost compared to vinyl. 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. The only downside is that brick limits the options to the type of look. You may also save money on home.

The disadvantage to brick is that it is pricey especially if installed correctly.