Rental Property Investor · Cincinnati, OH · Member since 2020 · 869 posts · 823 votes
6y
Hi @Deniz Eker Are you looking to replace the wood siding because it is in poor condition or simply are interested in switching from wood to vinyl strictly to increase potential value? There are quite a few differences between wood and vinyl when comparing their installation, maintenance, cost, temperature durability, etc. Which one is best will likely be dependent on where you are located. Here is an article comparing the two that should help layout all of the pros/cons of each.
Rental Property Investor · Fishers, IN · Member since 2016 · 335 posts · 470 votes
6y
Wood:
Advantage - easy to change color scheme, durable with property maintenance, looks higher quality, lower cost to paint than re-side.
Disadvantage - maintenance having to paint every 7-10 years
Vinyl:
Advantage - easy to clean, durable without much maintenance (can last 25-30 years)
Disadvantage - can make an otherwise unique property look cheap/generic, more expensive, hard to match if section gets destroyed
I think it depends on your hold period, the house itself, and the neighboring houses. I will say, if you take a house to vinyl siding from wood, and the windows need replaced, do the windows first.
Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
6y
Since this is in the flipping forum, I'd say no, most buyers aren't going to notice and those that do are unlikely to pay a premium greater than what it cost you to put it in.
Rental Property Investor · Cincinnati, OH · Member since 2020 · 869 posts · 823 votes
6y
Hi @Deniz Eker Are you looking to replace the wood siding because it is in poor condition or simply are interested in switching from wood to vinyl strictly to increase potential value? There are quite a few differences between wood and vinyl when comparing their installation, maintenance, cost, temperature durability, etc. Which one is best will likely be dependent on where you are located. Here is an article comparing the two that should help layout all of the pros/cons of each.