New Vinyl Siding Installation: All About Cost, Home Value, and More

Every house needs a protective exterior, and new vinyl siding is one of the best ways to give your home a facelift. But while new vinyl siding can refresh your property’s exterior, it can also be a sizeable investment – so it’s wise to know how much new vinyl siding costs before ordering a big renovation.

Today, our experienced replacement siding installers break down everything you need to know about vinyl siding upgrades, including cost, benefits, and more. Let’s dive in!

When is it time for new vinyl siding?

Your home’s siding is more than a cosmetic shell – it’s also a protective barrier that guards against moisture, pests, and wind. Over time, though, even durable siding materials like vinyl can wear down.

Here are some signs it might be time to replace your home’s vinyl siding with new panels:

• Visible cracking, warping, or holes: Small cracks can grow larger over time, allowing moisture in and leading to mold or rotting underneath.
• Dry rot or mold: Speaking of mold, any visible spores, mildew, or signs of rot signal that water is getting behind the panels – and fast action is necessary to avoid costly structural damage.
• Fading color or chalky appearance: UV exposure can break down the pigments in siding, leaving your home looking washed out and a little dated.
• High energy bills: Poor insulation or hidden damage behind old siding may be allowing heat or cold to seep into your home, making your HVAC system work overtime.
• Frequent repainting or repairs: If you’re constantly patching or painting your exterior, it might be more cost-effective in the long run to start fresh with new vinyl siding.

If you're experiencing any combination of these issues, it’s probably time to explore new vinyl siding installation from our local experts.

The benefits of new vinyl siding

New vinyl siding can be a great upgrade for your home. In fact, it usually comes with a suite of advantages that make your investment worthwhile, like:

• Higher energy efficiency and utility bill savings: New siding often includes better insulation, which means it’s also among the most energy-efficient home improvements. Better energy efficiency can mean more money in your bank account from lower utility bills.
• Reduced maintenance: Modern vinyl siding requires little more than an occasional rinse with a garden hose – no painting, sealing, or sanding necessary for at least several years.
• Improved home protection: Today’s vinyl is designed to withstand high winds, resist moisture, and repel insects, keeping your home protected year-round. That’s especially true for siding options like our 4000 Series: the most durable vinyl siding you’ll find in Knoxville.
• Aesthetic enjoyment: You can choose from a variety of colors, styles, and textures (including woodgrain) to match your vision and boost your curb appeal dramatically. If you didn’t choose your home’s original look, new vinyl siding is a great opportunity to bring out your ideal home’s character.

Is new siding tax deductible?

While new vinyl siding isn’t typically tax deductible on its own, it could qualify for tax credits or deductions under certain conditions. For example:

• Energy-efficient home improvements: If your new siding includes insulation or is part of an overall energy-saving renovation, you may qualify for federal or state energy tax credits. For instance, insulated vinyl siding might be eligible under the IRS’s Energy Efficient Home Improvement Credit.
• Home office deduction: If you work from home and qualify for the home office deduction, a portion of your siding costs could be deductible as a home improvement related to your business.

To be sure about whether your new vinyl siding can help with your tax return, consult a tax professional who can help you identify credits and deductions that might apply to your specific renovation.

How much does new vinyl siding cost?

The cost of new vinyl siding varies depending on your home’s size, the style and brand of siding you choose, and who you work with. On average, you can expect to pay around $5,590–$21,160 for a full vinyl siding replacement.

For a more granular cost, it’s common to pay about $4–$12 per square foot for new vinyl siding, including materials and installation.

Factors that influence the final price of new siding installation include:

• The type of vinyl
• Any trim and accessories (e.g., shutters or soffits)
• The labor costs in your area
• The condition of your current siding or sheathing

While this may seem like a large investment, the long-term energy savings and increased home value can more than make up for it over time.

Does new vinyl siding increase home value?

Absolutely. According to Remodeling Magazine’s Cost vs. Value Report, new vinyl siding adds about $15,485 in resale value to your home, enabling you to recoup up to 94.7% of the cost of a full siding renovation.

Why? Because siding is one of the first things potential buyers see. New vinyl siding signals that the home has been well-maintained, reducing perceived future expenses. It also enhances energy efficiency, another major selling point for eco-conscious buyers.

Even if you’re not planning to sell anytime soon, the value you gain in everyday comfort, appearance, and lower maintenance is undeniable. Combine that with the money you’ll save from a lower energy bill, and new vinyl siding could save you money overall!

Can you put new siding over old siding?

Technically, yes – but it’s never a good idea. Covering old siding panels with new ones can obfuscate problems and can even exacerbate them by preventing moldy panels from “breathing” or putting pressure on old, worn-down panels.

An experienced installer can help you assess whether overlaying is the right choice for your home. Generally, it’s better in the long term to replace old or damaged siding panels with new ones, particularly if your old siding is nearing the end of its normal lifespan.

Find high-quality vinyl siding in Knox County, TN

Not all vinyl siding is created equal, and choosing a reliable remodeling partner is just as important as selecting the siding material itself. That’s why Window World of Knoxville is an ideal choice for homeowners looking for quality siding, professional installation, and peace of mind.

Our vinyl siding is engineered for durability, style, and affordability all at the same time. We also offer Everlast Composite Siding, as a popular alternative with an even longer lifespan – potentially the last siding you’d ever need! Whether you’re after budget-minded siding replacements for a particular section or siding upgrades for the whole home, we’re the ideal siding installers for your project.

Request your free quote today or call our team directly at (865) 938-0314 to learn more about how we can help you find and install the perfect vinyl siding option for your home!