The average cost to replace siding doesn’t really exist, as your cost will vary greatly depending on what type of replacement siding your considering, the size of your home, and what part of the country (or world) you live in. All those costs are variable and can greatly increase or decrease depending on your particular details.
But we know answers like that are useless and that you’re likely after a general “ballpark” guesstimate, as far as what to expect when replacing the siding on your home. The majority of siding replacement jobs are for new vinyl siding or new fiber cement siding, so below you’ll find our best guesstimate based on various sources as far as what to expect to replace the siding on your home.
The average cost for vinyl siding replacement is around $4.50-$5.50/exterior sq. ft, so for a small-medium sized home with 2,000 exterior sq. ft., you’re looking at an average cost of $9,000-$11,000 to replace your old siding with new vinyl siding. That doesn’t include soffits or trim, so factor in slightly more if you have extensive soffits or trim that you want done as well.
Fiber Cement Siding
On average, replacing your old siding with fiber cement siding will typically run you about 10% more than vinyl siding, so for the same 2000 exterios sq. ft. house, expect to pay somewhere around $10,000-$13,000 to have your old siding replaced with fiber cement siding. That’s just for the installation, so add in more if you’re going to need your new fiber cement painted to a custom color.
As we said in the intro, those are really just ballpark guesstimates, so take them with a grain of salt. They do serve as a decent benchmark, though, to let you know whether bids or estimates you’ve gotten are ridiculously high (such as $20,000 for new siding on a 2-1 800 sq. ft. home) or even too low, as someone offering to to replace the siding on your 3,000 sq. ft. dream home for $4,000 (but wanting half of the money up front before starting) is obviously out to scam you, as that price is below even the cost of the siding for a job that size.