If you’re considering giving your home’s exterior a refresh, engineered wood siding is likely one of the options you’ve come across. Durable, versatile, and visually appealing, this type of siding has become an increasingly popular choice for homeowners. But naturally, you might be wondering, “How much does engineered wood siding cost, and is it the right option for my budget?”
This guide is here to answer all your questions. We’ll break down:
- The costs
- Factors that influence pricing
- Comparisons with other siding options
- Whether engineered wood siding is worth the investment
By the end, you’ll have all the clarity you need to make an informed decision for your home improvement project.
What Is Engineered Wood Siding?
Before jumping into costs, it’s important to understand what engineered wood siding actually is. Engineered wood siding is a man-made material that combines wood fibers, resins, and waxes. Together, these materials create a durable, weather-resistant product designed to mimic the appearance of natural wood without many of its drawbacks.
Why Homeowners Love It:
- Aesthetic Appeal: Offers the beauty of real wood without the hefty price tag.
- Durability: Resists common issues like rot, warping, and insects.
- Eco-Friendly: Made from sustainably harvested wood fibers and minimizes wood waste.
- Ease of Installation: Lightweight and simple to install compared to traditional wood siding.
Now, let’s get into the numbers.
How Much Does Engineered Wood Siding Cost?
On average, engineered wood siding costs between $7 and $15 per square foot, including materials and installation. Here’s a closer breakdown:
Material Costs
The cost of engineered wood siding itself typically ranges from $3 to $8 per square foot, depending on the brand, style, and finish you choose. Premium brands or customized finishes may come at the higher end of this range.
Installation Costs
Professional installation generally adds another $4 to $7 per square foot to the total. This cost depends on the size and layout of your home, as well as labor rates in your area.
Total Cost for an Average-Size Home
To give you perspective:
- A 1,500 square foot home can cost anywhere from $10,500 to $22,500 for engineered wood siding, including both materials and installation.
- A 2,500 square foot home could range between $17,500 and $37,500.
Additional costs may come into play based on your home’s specific needs (more on that below).
6 Factors That Impact Engineered Wood Siding Costs
One of the reasons costs can vary is that no two homes—or projects—are the same. Here are the factors that influence what you’ll pay for engineered wood siding:
1. Size of Your Home
It goes without saying, but the larger your home, the more siding material you’ll need, and the higher the installation labor will be. A single-story home will also typically cost less than a multi-story home due to easier installation access.
2. Brand and Product Quality
Some engineered wood siding brands, like LP SmartSide, are known for their superior quality and, subsequently, come with higher price tags. Additionally, siding that features enhanced finishes or extended warranties may cost more upfront but offer better long-term value.
3. Customizations
Do you have a specific color or texture in mind? Custom finishes or treatments can increase costs. Pre-painted siding, for example, usually adds $1 to $2 per square foot compared to unpainted options.
4. Installation Complexity
The complexity of your home’s exterior—such as irregular shapes, multiple gables, or engaging in repair work first—can lead to higher installation costs. If old siding needs to be removed, that’s also an extra expense.
5. Regional Labor Costs
The cost of hiring professionals varies by region. If you live in an area with a high demand for contractors, labor charges may be higher.
6. Additional Materials
Beyond the siding itself, you’ll likely need materials such as house wrap, fasteners, and trim. These typically make up a small but noteworthy portion of your budget.
What Are the Long-Term Benefits of Engineered Wood Siding?
When deciding on siding, cost alone isn’t the whole picture. Engineered wood siding brings several long-term benefits that can save you money down the line:
💪 Durability
Engineered wood siding is designed to withstand harsh weather, resist insects, and avoid problems like rot and mold, which are common with natural wood siding. This means fewer repairs and replacements over time.
⚡️ Energy Efficiency
Many engineered wood siding options feature insulation backing, which can make your home more energy-efficient. Lower energy bills are always a win!
👌 Low Maintenance
Unlike natural wood siding, engineered wood siding requires minimal upkeep. Painting, sealing, and staining are rarely needed. If you choose pre-painted siding, the factory finish can last up to 20 years.
💵 Curb Appeal and Resale Value
Thanks to its aesthetic versatility and longevity, engineered wood siding can boost your home’s curb appeal and potentially increase its resale value. Prospective buyers value materials that combine beauty and durability.
👍 Warranty Coverage
Many engineered wood siding brands offer extended warranties (some as long as 50 years), providing peace of mind that your investment is protected.
Is Engineered Wood Siding Worth the Investment?
For many homeowners, the answer is a resounding yes. Engineered wood siding offers the perfect combination of beauty, durability, and affordability. While it may cost slightly more than vinyl siding upfront, its superior durability and aesthetic appeal make it a worthwhile investment, especially for homeowners who want the authentic look of wood without the high maintenance.
However, it’s crucial to weigh your specific needs and budget. If you’re renovating to sell, you’ll want to calculate whether this investment aligns with your expected ROI.
Tips for Saving Money on Engineered Wood Siding
If you’re sold on the idea but worried about the price, here are a few ways to make engineered wood siding more affordable:
- Compare Quotes: Always get multiple quotes from contractors to find the best deal.
- Look for Discounts: Some siding manufacturers and suppliers offer deals or seasonal discounts.
- Bundle Projects: If you’re planning multiple home renovations, ask contractors about bundling discounts.
- DIY for Smaller Areas: If you’re handy, installing engineered wood siding on small sections (like a shed or garage) could reduce costs.
Your Local Siding Pros
Engineered wood siding is a durable, versatile, and beautiful choice for homeowners looking to enhance their home’s exterior. While the costs can vary depending on factors like size, brand, customization, and labor, it often strikes the perfect balance between affordability and long-term value.
If you’re ready to transform your home’s exterior and enjoy low maintenance, stunning curb appeal, and added durability, engineered wood siding might just be the perfect solution.Need help getting started? Work with the professional siding experts at Voyager to get a quote tailored to your home’s unique needs. Investing smartly today could save you money—and headaches—down the road.