A Guide to Creating a Siding Project Budget

Although often overlooked, siding plays a huge part in the exterior and interior of your home. Besides protecting your home against different elements, it also boosts your space’s curb appeal. Since it is an important investment, it is essential for homeowners to understand how to set a particular budget for this project. 

  1. Savings: This is an important factor you should consider: checking your savings or your income. It is critical that you be realistic with the amount you’ll be spending for new siding. To make a reasonable allocation, it wouldn’t hurt to consult with a contractor. Do not hesitate to be upfront with your contractors regarding the amount you can afford so they can guide you through the most suitable options tailored to your needs.

  2. Siding requirements: Knowing the specific requirements of your siding project and carefully checking if every additional feature is necessary are always paramount. 

  3. Other home improvement projects: If you’re thinking of getting replacement windows, too, you might want to do this at the same time you’re installing new siding. Similar to bath and kitchen renovations, these two projects are often done at the same time. The only issue you may encounter is spending double. Remember that although this may seem beneficial for your thriftiness, your current budget may not be able to pay for both jobs.

  4. Your home equity: Ask about your home equity if you’re thinking of financing your siding installation project. Professionals say the higher equity gives you an advantage as a borrower. This means, the more equity you hold in your home, the more powerful you are as a borrower, especially when it comes to purchasing power or the financial ability to purchase things.

Tri-County Contracting looks forward to serving you! For more information about our services like roof repair or products, or to get your free project estimate, contact us at (262) 217-8150, or fill out our online form. One of our friendly staff members will be in touch shortly. We serve clients in New Berlin, WI.